Wal-Mart Subsidies in Arcadia, FL
Store Details
City Arcadia
State FL
Address 6785 SW Enterprise Blvd
ZIP code 34269
County DeSoto
Type of Facility distribution center
Year Opened 2005
Value of Subsidies more than $23.8 million

Narrative
DeSoto County agreed to construct a water and wastewater facility and to extend utility service to the site at a cost of $20 million. The improvements were financed with county, state, and USDA funds. The state provided a $2 million Economic Development Transportation Fund grant for road construction. Wal-Mart was made eligible to receive tax credits for locating in an enterprise zone, including a Jobs Tax Credit, a sales tax refund for construction material, and other tax incentives. It was also to receive Qualified Target Industry credits, which include a minimum of $3,000 for every job created, equal to at least $1.8 million overall. No dollar estimate for the total value of the state credits is available.

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