X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

POTTSVILLE, PA-Wal-Mart added another 400,000 sf of dry goods storage space to its original plan to construct a 450,000-sf refrigerated warehouse on 153 acres near here in Highridge Park North. Both phases will now be constructed at once, and ground-breaking for the now 900,000-sf facility will take place within the next 60 days, according to Frank Zukas, president of Schuylkill Economic Development Corp.

Zukas tells GlobeSt.com the facility is expected to become operational “within 14 months of groundbreaking.” The estimated construction cost is between $75 million and $80 million. At completion, the facility will employ 700, making it “among the top 10 employers in the area,” Zukas says.

Wal-Mart acquired the land from SEDCO and Schuylkill Country, the co-developers of the park, for $3.4 million, or about $22,222 an acre. Highridge is a 2,000-acre industrial park off I-81. The Wal-Mart facility will be located on the north side of the park.

Highridge is a designated Keystone Opportunity Zone, which exempts companies there from state and local taxes through 2013. Wal-Mart will also receive a job-training grant from the state for an as-yet-unspecified amount.

This will be the retail giant’s fourth distribution center in Pennsylvania. Others are in Bedford, Clearfield, and Monroe counties. In all, Wal-Mart has 103 distribution centers and more than 3,500 retail Wal-Mart and Sam’s Club stores.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.