The retailer is reportedly focusing on sites away from the interstate to save on land costs. Wal-Mart builds about 10 distribution centers per year.

The site will require at least 150 acres for an operation that could employ 1,000 workers. Local industry sources speculate the project could be as large as 225 acres to accommodate an operation that is expected to handle 800 tractor-trailer shipments per week.

Wal-Mart officials at the chain's Bentonville, AR headquarters would not discuss the project.

Wal-Mart is the largest employer in the Carolinas, with about 57,000 employees at 187 stores and five distribution centers.

According to Frank Warren, president of Karnes Research Co., the Charlotte area is attracting an increasingly larger number of distribution centers because the region will be more closely linked to Charlotte after the Interstate 485 loop is completed in 2004.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.