Wal-Mart Subsidies in Crescent City, FL
|Type of Facility||distribution center|
|Value of Subsidies||n.a.|
NarrativeThis distribution center project, announced in 2005, was approved by Putnam County over the objections of neighboring Volusia County, where there was concern over the traffic impact. In 2006 Wal-Mart warned a group of residents that their land would be seized through eminent domain if they did not sell to the company, which apologized after the story came out in the media. The state, through Enterprise Florida, has agreed to pay for infrastructure improvements in the area, including $2 million for upgrading roads and $675,000 for water and sewer plant upgrades. The project is also expected to be eligible for benefits under the enterprise zone and Qualified Target Industry programs, which could be worth thousands of dollars in tax credits for each worker hired.