$29.9M Macy’s Project Gets Roadwork Grant
YOUNGSTOWN, Ohio – A $250,000 roadwork development grant will support the $29.9 million fulfillment center project for Macy’s in North Jackson.
The Ohio Controlling Board approved the grant, which was requested by the Ohio Department of Development, during its meeting Monday afternoon.
Following approval in February 2022 of an eight-year, 1.472% job creation tax credit, a group of local, regional and state partners announced that the New York-based retailer would renovate 400,000 square feet of the existing 600,000-square-foot distribution center on Bailey Road in North Jackson to accommodate a fulfillment center operation.
Macy’s Corporate Services LLC’s will operate the center, which will support its Macy’s and Bloomingdales chains.
Roadwork development grants are awarded for public roadwork improvements that support the expansion or attraction of businesses, according to controlling board documents. Eligible costs include widening, paving, road construction and reconstruction, and right-of-way infrastructure improvements such as sewer or utility lines.
The roadwork supporting the Macy’s project will consist of widening Mahoning Avenue by adding left turn lanes in the east-west direction for turning movements onto Bailey Road to accommodate the increased traffic volume, according to the state documents. The existing traffic signal also will be upgraded to accommodate the new turn lane.
The total project cost for the roadwork is about $770,000, Walt Good, managing director for Team NEO, said.
The project is projected to add 417 jobs and more than $16.7 million in payroll, and retain 55 jobs and $2.1 million in existing payroll.
The requested grant is “critical to supporting the rapid growth” Macy’s is making on at the North Jackson distribution center, Shea MacMillan, director of economic development projects at the Youngstown/Warren Regional Chamber, said. The chamber is partnering with JobsOhio, the Ohio Department of Transportation and the Mahoning County engineer’s office to support the Macy’s expansion.
“Macy’s Corporate LLC is a wonderful asset to the community and it is great to see this funding coming to the valley to make our roadways more efficient for all of those who use them for travel,” state Rep. Al Cutrona, R-59 Canfield, said in a news release.
Copyright 2024 The Business Journal, Youngstown, Ohio.
