Search
 

Fresh Direct To Build $112M Facility at Harlem River Yards

NEW YORK CITY-After flirting with a move to New Jersey, the fresh food internet grocer will develop its new headquarters and operations in the Bronx.

By Jacqueline Hlavenka | Updated on February 07, 2012

NEW YORK CITY-After considering a move to New Jersey, Fresh Direct will be establishing its new headquarters and operations center in the Bronx. The fresh food Internet grocer will invest $112.6 million in a new 500,000-square-foot facility on the 16-acre Harlem River Yards site, retaining nearly 2,000 existing jobs and creating almost 1,000 new jobs, the city announced Tuesday morning.

The construction of the new facility will also result in the creation of approximately 684 construction jobs in the Bronx and an overall economic impact to the city of nearly $255 million.  It is expected to open in 2015.

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

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

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.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.