· Context
Amazon, a developer and the landowner apply for a City tax abatement for the site
KFDA reported that Amazon Services LLC, ET Amarillo, LLC and the property owner, Happy Horizons Properties, filed a tax abatement application with the City for a facility at N.E. 24th and Lakeside, across Loop 335 from Centerport Business Park, estimated at about $70 million in improvements and $30 million in equipment.[1]
Kevin CarterAmarillo Economic Development Corporation (AEDC)
What the sources say
- ✓ Verified
KFDA reported that Amazon Services LLC, ET Amarillo, LLC (real property) and the property owner, Happy Horizons Properties, applied to the City for a tax abatement for a 1,000,000 square foot warehouse and distribution center on about 110 acres, estimated at $70 million in improvements and $30 million in equipment, with the council to consider it on January 26. [1]
- Improvements
- $70,000,000
- Equipment
- $30,000,000