Amazon project receives $7.8 million job-creation tax credit
NORTH RANDALL, Ohio — An Ohio board has approved an estimated $7.8 million tax credit for Amazon as the retail giant plans a new fulfillment center in the state that could employ 2,000 people.
The Ohio Tax Credit Authority signed off on a 1.35 percent, 10-year tax credit Wednesday in Columbus, the Plain Dealer reports. The credit would go toward an 855,000-square foot building in North Randall, outside Cleveland, where workers will pack and ship Amazon products. The facility will take up 69 acres of the former Randall Park Mall site, the newspaper reports. The mall was open between 1976 and 2009 and was demolished three years ago.
The building is set to open in 2018. As part of the deal, Amazon must maintain operations at the North Randall site for at least 13 years, according to the Plain Dealer.
State officials say the authority on Wednesday also approved a 1.39 percent, 10-year tax credit for a smaller Amazon project in Monroe in southwest Ohio. The state says Amazon expects that project to create an estimated 1,000 full-time jobs.
Amazon hasn't made an announcement about that facility.