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FedEx seeks to build $34M distribution hub at Ameriplex

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FedEx is looking to nearly double the size of its SmartPost distribution operations on the city's southwest side by building a bigger hub at the Ameriplex Indianapolis business park.

SmartPost is a FedEx business unit that ships small, low-weight packages through the U.S. Postal Service.

The company’s development partner, JDC Indy, expects to spend $20 million on the new 328,000 square-foot warehouse and distribution facility at 5800 S. Raceway Road, while FedEx will spend about $14 million on new logistics and distribution equipment, according to a preliminary resolution that will go to the Metropolitan Development Commission June 5.

FedEx's existing SmartPost facility currently operates in 180,000 square feet of space about 2 miles away at 5454 Decatur Blvd.

FedEx and JDC Indy are looking for tax abatements on the real estate and equipment, though the new facility would be outside an established economic revitalization area. JDC, a subsidiary of Jones Development Co. in Kansas City, Mo., would see its tax bill cut nearly in half with the recommended 10-year property-tax abatement, saving $2.1 million.

Department of Metropolitan Development staff expect the 59-acre site will increase in value by $14 million and net $420,000 a year in additional property-tax revenue after the abatement expires.

FedEx says it will hire 15 more full-time workers, earning an average $15.53 per hour, by 2014 and retain 51 people who now work at the smaller facility in Decatur Township. FedEx would also keep 250 permanent part-time positions and hire as many as 109 more part-timers as a result of the expansion, according to the MDC resolution.

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  1. what Steve is doing and if he is on another radio station. That is the station I will listen to.

  2. From the story: "The city of Indianapolis also will consider tax incentives and funding for infrastructure required for the project, according to IEDC." Why would the City need to consider additional tax incentives when Lowe's has already bought the land and reached an agreement with IEDC to bring the jobs? What that tells me is that the City has already pledged the incentives, unofficially, and they just haven't had time to push it through the MDC yet. Either way, subsidizing $10/hour jobs is going to do nothing toward furthering the Mayor's stated goal of attracting middle and upper-middle class residents to Marion County.

  3. Ron Spencer and the entire staff of Theater on the Square embraced IndyFringe when it came to Mass Ave in 2005. TOTS was not only a venue but Ron and his friends created, presented and appeared in shows which embraced the 'spirit of the fringe'. He's weathered all the storms and kept smiling ... bon voyage and thank you.

  4. Not sure how many sushi restaurants are enough, but there are three that I know of in various parts of downtown proper and all are pretty good.

  5. First off, it's "moron," not "moran." 2nd, YOU don't get to vote on someone else's rights and freedoms that are guaranteed by the US Constitution. That's why this is not a state's rights issue...putting something like this to vote by, well, people like you who are quite clearly intellectually challenged isn't necessary since the 14th amendment has already decided the issue. Which is why Indiana's effort is a wasted one and a waste of money...and will be overturned just like this has in every other state.

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