In late 2014, FedEx announced that the hub of the company’s SmartPost division would be moved from Charlotte to the International Business Park (IBP).
SunCap Property Group is now developing a $27 million, 330,000-square-foot distribution center as a built to lease venture for Smart Post. The new facility will triple the size of the current Charlotte center, with plans to bring 59 full-time jobs and 462 part-time jobs to Concord by 2019.
The distribution center is being built on land annexed to the Phase II portion of the IBP’s Master Plan. IBP and the City of Concord agree the space is perfect for FedEx SmartPost and that the move will be very beneficial to the local economy. IBP’s location on the I-85 corridor is well-suited for FedEx’s low-weight, residential delivery branch.
Check back for updates on the new FedEx SmartPost facility in the International Business Park.
About FedEx SmartPost