The largest warehouse and trucking center in the state – the Cottage Grove Logistics Center – was approved by the Cottage Grove City Council Wednesday.
Developers of the 3.4-million-square-foot project will break ground next spring, NorthPoint Development announced Thursday.
The $310 million project is expected to create 1,870 jobs and pay $73 million in wages annually, according to new projections released by the company. In addition, building the center over several years will require 1,465 construction jobs that will pay about $37 million per year.
The Cottage Grove Logistics Center will be located on 252 acres south of 100th Street near Ideal Avenue. NorthPoint plans to rent space in the nine buildings to various other businesses.
Cottage Grove mayor Myron Bailey was enthusiastic about the project.
“NorthPoint has been great to work with, creating a fantastic development in Cottage Grove that will bring with it thousands of good-paying jobs,” he said. “Our community has been discovered as a business-friendly city, as more and more businesses want to be a part of our community.”
A NorthPoint official was pleased to locate the facility in Cottage Grove.
“This development is the start of a tremendous partnership,” said Brent Miles, NorthPoint’s Chief Marketing Officer. “We love this location to invest our capital due to logistics, labor, and the business-friendly openness of Cottage Grove.”
The Kansas City, Mo., company has developed more than 125 million square feet in industrial space in the U.S., according to the company.