Investment Overview
Located immediately adjacent to Amazon's newly opened 1,300,000± SF Fulfillment Center, this 100± acre development property is being offered for sale for the first time. The property has easy access to James River Freeway (Hwy 360) and I-44. The only available bulk development tract of its kind in the Republic market, this property is uniquely positioned for development. $1.5B being invested in the corridor from the City of Republic to James River Freeway. MM Highway, along the property's eastern side, to undergo a $35M realignment to the south at Hwy 60. Further improvements planned for MM Highway to I-44 to the north. The City of Republic corridor is rapidly growing as shown in the data below.
Investment Highlights
- First time to market
- Located immediately adjacent to 1.3M SF Amazon Fulfillment Center
- Easy access to I-44, Hwy 60 and James River Freeway
- 1.5B in investment in the corridor between now and 2025
- Only available bulk development tract of its kind in Republic Market
- Convoy of Hope World Headquarters - $37M - 650 employees – completed October 2023
- Amazon Fulfillment Center - $150M – 1,800 employees
- Iron Grain mixed-use development $65M – under construction – Spring 2024
- Investment into Infrastructure:
- $12.5M to 5 Lane MM Highway From I-44 to James River
- $35M to realign MM from Amazon South to Highway 60 with a new signalized intersection at Farm Road 103. This intersection will see AM and PM peaks of close to 60k cars a day
- City investing $100M into additional capacity of water and wastewater systems to facilitate further growth and development