As you may already know Amazon is planning a gigantic 335,841-square-foot distribution center in the Doral area. Apparently, Amazon just filed an application to request public funds to create 50 Miami-Dade County jobs.
Sponsored by the Beacon Council, “Project Sunset” wants to collect $150,000 in state and county funds through the Qualified Target Industry program over six years. The Miami-Dade County Commission will vote on its $30,000 portion of that award on Tuesday.
The company would collect the money if it creates and maintains 50 jobs with an average salary of $48,813, plus benefits. Project Sunset would lease a 335,000-square-foot warehouse in Commission District 12 and spend $5 million outfitting its package handling facility.
Local businesses that must compete with Amazon might wonder why the state and county want to subsidize the massive retailer while few local small businesses are able to qualify for similar incentive programs.
In 2013, Amazon was awarded up to $6 million in tax incentives to open its fulfillment center in Hillsborough County.
The Beacon Council said the Miami project would generate about $44,774 in tax revenue during the six years of the incentive contract, so that would more than cover the county’s share of the award.
Source: Biz Journal