California discount clothier Ross Stores has picked a South Carolina site, just southof Charlotte, NC, for a $50 million, 1.2 million-sf distribution center toaccommodate its Carolinas and Georgia expansion.

Industry sources say Ross Stores has an option to buy 193 acres for an estimated $8 million or $41,451 per acre (95 cents psf). The land is south of the Carowinds Boulevard interchange for Interstate 77 in York County, SC.

The property is owned by a group of investors who acquired it a decade ago. Ross officials have not commented on the land purchase.

Using the code name Project Falcon, Ross searched numerous Charlotteregion counties for a site, which will eventually employ roughly 1,000people.

The discount chain wants to open stores in the Charlotte area as part of its Southeast expansion plan. The Newark, CA-based company has 360 stores, primarily in Western states.

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