Lebanon Reporter

Local News

March 29, 2008

Whitestown grants abatements for Amazon project

Products such as books, CDs, videos and toys will be brought in by trucks

Whitestown — The Whitestown Town Council voted unanimously Friday to grant two different 10-year tax abatements to bring Amazon.com to town.

Amazon.com will use an existing 630,000-square-foot building as a distribution center. The building is on Anson Boulevard in the Anson development, and is called Building No. 1.

Products such as books, CDs, videos and toys will be brought in by trucks, making the site’s location within the Interstate 65 corridor a top choice for Amazon.

Before the town council voted, Boone County Economic Redevelopment Commission Executive Director Kristie McKillip urged the council to support the project and to consider giving a maximum incentive. McKillip also presented a letter of support from Lebanon School Superintendent Dr. Robert Taylor.

The first abatement is a real property tax abatement for Duke Realty Corp. which owns Building No. 1 on 36 acres in the Anson development. The abatement, starting in 2008, will save Duke Realty about $586,000. The company will pay a total of about $1 million in real property taxes during the abatement period. Craig Anderson of Duke Realty said the company will invest about $6.5 million in real property improvements.

These improvements include:

• Building a parking lot;

• Building out 35,000 square feet of office space in the building;

• Adding 135 windows to the building; and

• Making road improvements to County Road 450 South and County Road 500 East.

The second abatement is a personal property tax abatement for Amazon to purchase equipment for operations. The abatement will save Amazon about $1.4 million in personal property taxes during the abatement period, while Amazon will pay about $1.6 million.

Amazon.com representative Arthur Valdez said the company will invest about $34 million in the distribution center. He said the company will start hiring for hourly positions in June and management positions in the next 1-1/2 months. The company will hire about 400 hourly workers and 30 to 34 managers, he said. The projected employment in three years is 1,200 employees. The distribution center is set to start receiving goods in September and to begin shipping in October.

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