Johnstown considers incentives for a Kroger fulfillment center
JOHNSTOWN — The Johnstown Town Council tonight will consider whether to extend incentives to the Kroger Co. (NYSE: KR) to establish an ecommerce fresh food distribution center.
The center, described as a 55,000-square-foot facility in the Trade@2534 development that United Properties Development LLC is building at 4151 Ronald Reagan Blvd., would be “the first in Colorado that will work in conjunction with its [Kroger’s] existing ‘hub’ fulfillment center near the Denver metro area,” documents in the town council’s meeting packet said.
Kroger has spun off the development into its Kroger Fulfillment Network LLC division.
The capital investment for the project will be…
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