Amazon Distribution Center Planned for Waterbury-Naugatuck
A new state-of-the-art warehouse and distribution facility being developed on the Waterbury-Naugatuck border with Amazon as a prospective tenant could create up to 1,000 new jobs in the region.
The new facility—made up of more than 150 acres—will be developed by Bluewater Property Group at the Waterbury/Naugatuck Industrial Park in collaboration with state and local government agencies.
The Naugatuck Valley Regional Development Corporation is leading the development on behalf of both municipalities.
It will be the second significant investment by Amazon in Waterbury, following the 90,000-square-foot distribution center currently under review.
“This project, if approved, has tremendous upside for Waterbury, Naugatuck, and residents throughout the region,” Gov. Ned Lamont said this week.
“This has the potential to create up to a thousand new jobs and go a long way in supporting these communities in their broader revitalization efforts.”
Bluewater’s proposal represents an investment in the hundreds of millions of dollars, and could generate significant tax revenue for Waterbury and Naugatuck.
Waterbury will collect the proceeds of the sale of the land, but tax revenue will be evenly distributed between the two municipalities.
The new facility is expected to yield about $5 million in taxes annually, according to Waterbury Mayor Neil O’Leary.
“Much work is left to be done,” O’Leary said, “but this could be an amazing win for our region and the entire state.”
While the proposal is not yet approved, much of Bluewater’s research is completed and negotiations are in their final phases.
“We are all extremely excited about our joint project with Bluewater Property Group, and its prospective tenant, Amazon, and the many benefits to both municipalities,” Naugatuck Mayor Warren “Pete” Hess said.
“Working together we are stronger, and the Waterbury/Naugatuck partnership will continue to yield benefits to the entire valley.”
Groundbreaking on the site is anticipated in late spring or early summer, and construction is expected to last about two-and-a-half years.
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