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Amazon plans to develop a $ 400 million distribution center in Detroit on the old Michigan State Fairgrounds site, according to the Detroit Free Press.
Private real estate developers and investors have agreed to develop the 142-acre property for more than $ 16 million, according to the city’s official website.
Amazon is currently in negotiations with Hillwood Investment Properties to be the first anchor retailer to occupy the land with a 3.8 million acre building that would bring about 1,200 jobs that provide $ 15-per-hour minimum wage for the area offer, according to the city.
“What Detroit currently needs more than anything is jobs, and we are deeply grateful that Hillwood and the Sterling Group have made our city their choice to buy the former Michigan State Fairgrounds with the potential to create more than 1,200 well-paying jobs. to bring, ”Detroit Mayor Duggan said in a statement Tuesday.
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He added that Hillwood, Sterling and Amazon “will work closely with our team at Detroit at Work, who will help deliver outstanding candidates who are residents of the city.”
Detroit Amazon View (Photo: City of Detroit)
Of the $ 16 million development investment from Hillwood and Sterling, $ 7 million would go to the Detroit Department of Transportation’s transit.
Construction on the project could begin in early October if the Detroit City Council approves plans by September, and Amazon’s distribution center could open as soon as 2022.
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“This agreement for the proposed sale of the State Fair Grounds is a great opportunity, not only for District 2 and the City of Detroit, but for the Association of Southeast Michigan,” Councilman Roy McCalister said in a statement. “The potential for 1,200 jobs at Amazon this new facility represents an opportunity to diversify our economy while engaging residents of our City.”
He added that he hopes the new Amazon development “will become a major employer, as well as a dynamic training ground for Detroit workers for years to come.”
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The property, which hosted the state fair from 1905 to 2009, has been abandoned for more than a decade. A number of failed development projects have come and gone since the then-Michigan Gov. Jennifer Granholm cut funding for the state fair in 2009 to focus on other local projects during the Great Recession, The Detroit News reported.
Duggan said during a news conference Tuesday that he expects some existing historic buildings such as the Hertel Colessium to be burnt down as a result of the project, according to the outlet.
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“I think they’ll probably all be beaten,” Duggan said. “We all have emotional attachments, but in the last 10 years not a single person has been able to figure out how to use these old agricultural buildings in a way that follows a business plan.”
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