From the Indianapolis Star:
FedEx says it wants to expand its Southwestside sorting hub at a cost of $34 million, the second local expansion notice this month from the package express giant.
The Memphis-based company plans the 328,000-square-foot warehouse and distribution center on 59 acres at 5800 S. Raceway Road. The site is just south of Indianapolis International Airport.
The sorting hub will be used by FedEx SmartPost, a division of FedEx that delivers low weight, business-to-customer mailings through the U.S. Postal Service, the company said in a property tax abatement request to the city.
FedEx said it has run out space in its existing 180,000-square-foot SmartPost facility in Decatur Township. The 51 people who work at that facility will be transferred to the new building and an additional 15 workers will be hired by 2014 at an average wage of $15.53 an hour.
Earlier this week FedEx started construction on a $40 million package distribution center in Zionsville.
The city Metropolitan Development Commission will hold a preliminary vote next week on granting property tax abatement for the Southwestside project. The abatement is worth about $3 million to FedEx.
The commission also will consider granting $468,000 in property tax abatement to MS Georgetown LLC, a subsidiary of Mainstreet Property Group, for a proposed 100-bed skilled nursing and assisted living facility near 56th Street and Georgetown Road. The developer wants to build the 65,000-square-foot facility on seven vacant acres at a cost of $9.25 million. About 80 employees will be hired to staff the facility, at an average wage of $17.30 an hour.
http://www.indystar.com/apps/pbcs.dll/article?AID=2013305310061
