{{titleBar.title}}

{{titleBar.tagline}}

 

 

Amazon primed with tax abatement for 855,000-SF facility but ...Amazon primed with tax abatement for 855,000-SF facility but ...https://www.recenter.tamu.edu/news/newstalk-texas/?Item=137082016-06-29T05:00:00Z

​HOUSTON - A newly approved tax abatement could help further entice Seattle-based Amazon.com Inc. to build a new facility in northwest Houston.

Amazon was seeking an abatement to lower its taxes to 65 percent for ten years.

Harris County Commissioners Court approved on June 28 some tax relief for Amazon's new facility. 

Plans surfaced earlier in June for Amazon's 855,000-sf warehouse in the 970-acre Pinto Business Park at the southwest corner of I-45 North and Beltway 8. 

Amazon's proposed $136 million facility would be separate from the company’s Prime Now facility in Humble and could bring 1,000 jobs. 

The facility's estimated economic impact is $172.9 million annually. 
Houston Business Journal
Houston-The Woodlands-Sugar Land
Industrial
http://www.bizjournals.com/houston/morning_call/2016/06/amazon-gets-harris-county-approval-for-houston.html

​​See Houston area industrial quarterly reports here.

Read more at the {Source}

 Search NewsTalk Texas