Business First – March 4, 2021
The giant’s shadow is only getting bigger.
In recent weeks, we’ve reported on how retail giant Amazon.com Inc. is expanding its operations in Louisville. Locally, that growth includes a new last-mile delivery station facility near Watterson Expressway, which we first reported on in January. The company is building a 142,000-square-foot office and warehouse, with heavy truck loading and unloading areas, at 1231 Durrett Lane, near Preston Highway.
Last-mile facilities refer to the final step of the delivery process from a distribution center or facility to a user and are becoming increasingly popular in the U.S. as the demand for faster delivery grows.
Louisville-based real estate firm Poe Cos. is developing the complex on land that had previously been home to a 225,000-square-foot former bank processing center. Poe Cos. purchased it in September 2019 through an affiliate, Durrett LLC, for $5.5 million.
This local growth is consistent with a national trend because, as the pandemic has stretched on, Amazon has only gotten bigger. According to Consumer Intelligence Research Partners, membership in the company’s Amazon Prime program has climbed to an estimated 142 million, the Puget Sound Business Journal, a sister publication to Louisville Business First, reported in January.