Twinsburg -- Construction could start as early as this week on a sorting center for Amazon.com, in a fourth building to be built at Cornerstone Business Park.
The new sorting center will support and improve package delivery to customers, according to a general description of the project released by the Ohio Development Services Agency.
"I think for us it's an exciting project ... Cornerstone has progressed at a much faster rate that anyone expected it to," Mayor Ted Yates said May 23. "It's exciting to see businesses come in to Twinsburg to set up."
The new location will allow Amazon to increase reliability and improve package delivery schedules, according to the document.
On May 23, the Ohio Tax Credit Authority approved a 1.113-percent, 6-year income tax credit to Amazon for the promise of a $4 million to $5 million payroll and 10 full-time and 300 part-time jobs.
As part of the tax credit agreement, Amazon must maintain operations at the Cornerstone location, for at least nine years, according to the project description. The jobs and payroll must be created within the same 6-year life of the tax abatement.
That's in addition to a 7-year, 50-percent property tax abatement for the project site authorized by the city through its Community Reinvestment Area program May 10.
The Twinsburg Board of Education unanimously approved "good faith" companion legislation in favor of the city's abatement May 4.
The project calls for a single-tenant, 248,000-square-foot warehouse and distribution center that will house Amazon, the sixth business at the site of the former Chrysler Stamping Plant.
Amazon could be operational by November, according to city officials. About $100,000 in income tax revenue is expected for the city.
Officials with Amazon did not return an email seeking comment.
Scannell Properties of Indianapolis, which owns the industrial park at the corner of Rt. 82 and Chamberlin Road, will construct the building. Scannell did not return a call seeking comment.
Amazon, under the name Amazon.com.dedc, LLC, has a hearing on an application for tax credits scheduled before the Ohio Development Services Ohio Tax Credit Authority Board.
Finch said he expects to hear from project officials in the coming days.
"We're just standing by, waiting to accommodate their schedule and get permits out as soon as they ask," he said. "We'll try to help as much as we can."
The Twinsburg Planning Commission on May 2 approved a final site plan and preliminary subdivision plat for the facility.
Amazon's sorting facility will sit south of the FedEx facility. Developers will have to construct a short extension onto Independence Parkway, Finch said.
Finch said Scannell's investment in the new building is between $13 million and $14 million, and the facility will take up 15 acres of the 167-acre, industrially-zoned site.
A FedEx distribution plant (303,888 square feet, to the east end of the business park); a multi-tenant facility (207,360 square feet, west of FedEx); and Vistar (137,000 square feet, south of the multi-tenant facility), a vending machine distribution business, comprise the rest of the industrial park.
While the FedEx and Vistar facilities are single-tenant buildings, the multi-tenant building houses a Bridgestone Americas distribution center; a Dunkin' Donuts distribution center; and Berlin Packaging.
City officials have estimated that Cornerstone Business Park, once fully developed, could employ more than 3,000 people and bring in more than $2.5 million in income tax revenue.
Construction of the planned fourth building would leave about 60 acres undeveloped at the site, Finch said.
"I don't know how reasonable it is, but it's a very, very aggressive schedule," Finch said May 23.