BELOIT, Wis. (WIFR) — An Amazon warehouse distribution facility is officially in the works for Beloit.
Amazon will take over as a tenant at the southeast corner of Gateway Boulevard and Colley Road, according to a news release from the city of Beloit.
The Greater Beloit Economic Development Corporation sold the 80-acre property Thursday for $80 to Peyton Paisley WI, LLC.
City leaders say development has already started at the property. Development is underway a 1 million square-foot warehouse distribution facility.
“We are thrilled that Amazon chose the Gateway Business Park to build in the stateline area,” said Greater Beloit Economic Development Corporation Executive Director Andrew Janke. “A lot of hard work went into making this project a reality, and we certainly look forward to the positive impacts on the Beloit economy.”
The city of Beloit says there are no city subsidies to support this project.