Big things are coming to East Fishkill.
After talks about opening a site in Orange County, Amazon is now considering the facilities at the former campus of regional giant IBM.
A nearly 630,000-square-foot warehouse is proposed to be built on a portion of the property. This possible logistics center will not be a usual Amazon fulfillment center — one where vehicles make local deliveries and potentially clog traffic —but rather a receiving center. Products would arrive from a wide spectrum of manufacturers, be processed, and get sent back out to nearby fulfillment centers.
“Despite uncertainty in the economy, this expansion will provide an important economic boost for the community and job opportunities for our residents,” County Executive Marc Molinaro said in a recent press release. “And we’re proud that Amazon has recognized the great strides we’ve taken over the last nine years to make Dutchess County so attractive for business.”
— Marc Molinaro (@marcmolinaro) November 17, 2020
Part of what makes this property so attractive to Amazon is its proximity to Interstate 84, a piece of Hudson Valley highway that runs over 70 miles from Port Jervis to Brewster. Several fulfillment centers nearby in Connecticut and Pennsylvania make I-84 a prime resource for the Bezos company.
Amazon is still considering several other destinations in the U.S., including the Town of Montgomery in Orange County, but East Fishkill is the clear frontrunner. If chosen, Bluewater Property Group will begin construction in January 2021. The project will be a $135 million investment into the region and can be expected to finish by June 2022.
“The creation of 500 new jobs will provide a tremendous boost to our local economy and we look forward to a long and successful partnership in the community,” Nicholas D’Allesandro, the Town of East Fishkill supervisor, noted at a recent Industrial Development Agency meeting.
And 500 new jobs may be just the start. The proposal includes 1,000 employee parking spaces and room for 700 trailers, meaning the potential for further expansion is there. It comes at the perfect time, as Dutchess County is fighting to rebound from pandemic-related setbacks.
The IDA is working to maximize the financial benefit to this portion of Dutchess County. Potential benefits include a payment in lieu of tax agreement, employee training assistance, and sales tax exemptions. At its new Hudson Valley site, Amazon would be contributing an estimated $1.5 million in property tax — a huge investment to the region.
The Hudson Valley’s iPark 84, located on another portion of the former IBM site, has become quite the hub for businesses, after many parts of the site were dormant for over 15 years. During one visit to the East Fishkill complex, visitors can sip a refreshing New England IPA from Sloop Brewing, chow on an egg white thin from Crepini, and munch on a healthy rye whiskey cookie from Jane Bakes.