by Lisa Tome
The top secret name that county officials had for it, was "Project Iron."
The deal, which would bring Amazon and potentially 700 jobs was wrapped up last week.
That's what Christopher Moyer, Cecil's Director of Economic Development, and other officials revealed last week. The county had a non-disclosure agreement with Amazon and that's why they used the code name.
In mid-June of last year, developer Trammell Crow received approval for a 1,142,600 square foot spec building in that complex in the Principio Industrial Park. At least five companies, including Amazon were interested in that site.
As of last week, the project has generated more than $477,000 in revenue. They paid $308,502 for the building permit and an additional $168,000 in wastewater fees.
The funds being committed by the county as part of the deal, $120,000, are coming from VLT money. It's not being leveraged on the back of the taxpayer," said county attorney Jason Allison. He also said the county will receive return on the investment.
"Amazon has until 2020 to create 700 full time jobs...I'm looking forward to two hour shipping," said Councilwoman Jackie Gregory.
In addition to the Amazon, a TRUaire distribution center is coming to that same complex. TRUAire manufactures commercial and residential heating and cooling accessories. That center will measure 150,000 square feet.