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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowThe Home Depot is establishing a new distribution center in Whitestown’s Park 130 to expand its same-day and next-day delivery network.
Kim Dimson, senior manager of corporate communications and external affairs for the national retailer, confirmed the company is occupying 76,000 square feet of speculative warehouse space at 6040 Commerce Drive, Suite 400, just south of Interstate 65.
Dimson declined to provide additional details, but issued a written statement saying the company is making strategic investments in its supply chain to be able to offer short-term deliveries to 90% of the United States.
An Economic Development for a Growing Economy, or EDGE, tax credit agreement between Home Depot U.S.A. and the Indiana Economic Development Corp. shows the company plans to invest $1 million in the project and create 18 jobs by the end of the year, with those jobs paying a minimum wage of $13.41 per hour.
If Home Depot reaches those goals set forth in the contract, the company will receive up to $110,000 in tax credits.
Park 130 is a 170-acre development with a planned six industrial facilities ranging from 40,000 to more than 700,000 square feet. The park’s first two buildings, now occupied by Opus Packaging and Maxxis Tire, were completed in fall 2019.
Home Depot is co-locating in Park 130’s Building 3, which was completed one year ago. Frito Lay currently operates a northern Indianapolis distribution center in approximately 152,000 square feet of the building, and FBN uses roughly 90,000 square feet as warehousing for farming-related herbicide and pesticide products.
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