Industrial Park to Be Developed In Theodore
Posted on: May 12th, 2015 | Announcements
A major distribution center for FedEx Ground will be built in the south end of Mobile County, and is projected to bring over 100 full-time jobs to the area at peak operation. Thanks to an agreement approved by the County, Mobile Industrial Properties, LLC, will further develop a road and associated infrastructure in a commercial park in Theodore. In the agreement, an incentive of $1 million to assist with infrastructure costs will be paid over 20 years after 100 additional full time jobs are created in the park. Mobile Industrial Properties, LLC, a South Carolina company, will develop improved infrastructure in the 158-acre park, located near Exit 13 off Interstate 10. Improvements will include constructing a roadway and enhancing the drainage. FedEx Ground will occupy approximately 193,375 square feet of warehouse and distribution space being built on the property by another developer. The project will begin in the coming months and completion is projected to be in early 2016. ?This is a win-win situation for Mobile County,? said Commissioner Jerry Carl, who represents the area located in District 3. ?The development of the property will result in significant opportunities for recruitment of commercial and light manufacturing businesses, which in turn will bring more jobs to our area.?