HomeMy WebLinkAboutNFI Presentation SB Final vDBEconomic Revitalization Area for
National Distribution Centers, LLC
Location: Dylan Drive at Parkland Drive
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Economic Revitalization Area for
National Distribution Centers, LLC
Real Property Tax Phase-in
Keeping a great company in South Bend thanks to awesome employees and meaningful City partnership and incentives.
Parcel – Jan ‘18 assessed value of $23,500
Private (land) Purchase price of ~$1,000,000
Private Investment in Real Property of $14,000,000
Additional $4.1M expected in Personal Property/Machinery & Equipment
Presently generating $705/year in tax revenue
Post investment it will generate an estimated $312,000/year
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Economic Revitalization Area for
National Distribution Centers, LLC
Real Property Tax Phase-in
$6,345 in tax revenue without the project
$1,138,755 in tax revenue is activated by supporting the project via this tax phase-in
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CASE STUDY: National Distribution Centers, LLC
Private Investment: $ 14,000,000
Public Investment: $0
Revenue-positive in year 2
108 retained jobs
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SUPPLY CHAIN SOLUTIONS
Transportation | Distribution | Global Logistics | Real Estate
NFI’s innovative logistics solutions drive results and efficiency
to deliver unmatched service across your supply chain.
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ABOUT NFI
Family owned since its inception in 1932, NFI is a fully integrated third-party supply chain solutions provider. Serving customers around the world, across a variety of industries, NFI
is dedicated to providing customized, engineered solutions that propel a business to succeed.
Established
in 1932
10,000 +
employees
$2 billion +
annual
revenue
47.2M sq. ft.
of warehouse space
4,000 +
tractors
9,000 +
trailers
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Existing & Proposed Locations
Existing
Proposed Facility
Dylan Dr. & Parkland Dr.
232,000 Square Feet
Existing Facility
Sample St. & Olive St.
156,000 Square Feet
Proposed
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Concept Elevation Plan
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Project Summary
Parcel Size: 20 acres
Proposed Building Size: 232,200 SF
Construction Timeline: 12 months
Commencement: Nov. 2018
Completion: Oct. 2019
Development Cost: $14 million
Machinery & Equipment: $4.1 million
Total Capital Investment: $18.1 million
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