KANSAS CITY—CVS Pharmacy has just decided to build a 762,000-square-foot distribution center at Kansas City's Skyport Industrial Park, according to the Kansas City Area Development Council. The pharmacy giant says the new distribution center will create more than 360 new jobs, and up to another 100 outsourced to local businesses.
“It's a tremendous statement by CVS on what Kansas City, from a logistics standpoint, can do for them,” Tim Cowden, KCADC president and chief executive officer, tells GlobeSt.com. In addition to gaining access to world-class infrastructure, the company will “be able to reach a majority of their customer base in the Midwest region.”
Kansas City's centralized location has helped attract many of the nation's largest distributors in the past few years. As reported in GlobeSt.com, in July Amazon agreed to entirely occupy an 822,000-square-foot facility built by NorthPoint Development at Logistics Park Kansas City in the KS suburb of Edgerton, the largest spec building ever completed in the metro area.
Continue Reading for Free
Register and gain access to:
- 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
Already have an account? Sign In Now
© 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.
Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
