The Port of Little Rock is getting a major new resident – Amazon. On Tuesday evening, the Little Rock Board of Directors approved an ordinance allowing the Little Rock Port Authority to enter into an agreement with the online retailer.
Amazon is acquiring an 80-acre tract of land on Zeuber Road at the port in Little Rock. The deal, which was signed with a Delaware holding company, is worth $3.2 million.
This project has been in the works for months before it was announced last night. A real estate purchase and sale agreement obtained by Arkansas Business shows that the city entered into the agreement on October 28, 2019.
“We are grateful this is just going to show how we will continue to rebuild our city,” Little Rock Frank Scott Jr. said during the board meeting.
Details on the new port project were limited. According to Little Rock Regional Chamber of Commerce Jay Chessir, Amazon has requested that details about the project not be released until the project is completed.
Earlier this month, it was reported that Amazon is planning to add a new distribution center in central Arkansas. This distribution center would be located in Little Rock off of I-30.
Amazon has signed a 10-year lease for property at 2401 Interstate 30, according to a national real estate research service.
In 2018, Amazon opened a new concept distribution center in North Little Rock for last mile deliveries.
READ MORE: Amazon Planning Second Central Arkansas Distribution Center