175 KSF FedEx Distribution Center Coming to Covington
- Sep 08, 2014
Federal Express is set to develop a 175,000-square-foot distribution center in St. Tammany Parish, creating 800 new jobs, reported The Times-Picayune. The facility will occupy 15 acres in Northpointe Business Park, a 118-acre industrial park west of Covington.
The facility will feature about 7,500 square feet of office space. Site clearing has started for the project, which will take about 15 months to complete. It will spur significant road improvements in the area, as it is expected to add 580 vehicles to traffic every day. According to Canal Street Beat, Northpointe Business Park is owned by Chris Lope, while the actual site to hold the FedEx facility is owned by Kansas City, Mo.-based Jones Development Co. Rents for industrial space at Northpointe range between $5 and $6 per square foot. The park has 50 acres of undeveloped land left.
This is the second industrial announcement to shake up the Covington area this summer. Earlier this summer, Enviro-Tech Systems (ETS), a full-service water treatment manufacturer, has announced plans to develop a 10,000-square-foot facility. The more than $1 million facility will be located at the company’s existing site on Norwell Drive in Covington. The company’s existing 50-member staff will increase by 50 percent with the new facility. ERS has accessed various state incentives and Small Business Development Center assistance with the help of the St. Tammany Economic Development Foundation (STEDF).
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Image courtesy of St. Tammany Economic Development Foundation