Wal-Mart Subsidies in Fort Pierce, FL
Store Details
City | Fort Pierce |
State | FL |
Address | 4100 S Jenkins Rd |
ZIP code | 34981 |
County | St. Lucie |
Type of Facility | distribution center |
Year Opened | 2004 |
Value of Subsidies | $14.2 million |
Narrative
St. Lucie County spent $8 million on road improvements and offered a $1 million cash incentive from the Job Growth Incentive Fund. The county also provided $200,000 worth of dirt, as well as office space during construction. The city of Fort Pierce granted a ten-year deferment of annexation, followed by five years of property tax exemptions valued at approximately $5 million.