200,000-sf distribution center to be built in HP

A 200,000-square foot distribution center being built in Highland Park was awarded $5 million in New Market Tax Credits.

Excerpt:

“The purpose of the speculative building is to have tenant-ready space available for new companies to come to Highland Park, promoting business and local job creation,” Wayne County Executive Robert Ficano said in announcing the tax credit approval.

New markets tax credits will be used for the building and shell construction. Total project cost is to be about $9.65 million.

Read the entire article here.