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Walmart plans to build a 712,500-square-foot distribution center in Cibolo, according to a filing with the Texas Department of Licensing and Regulation. Shown is its distribution center in Terrell.<\/p>\n
Elias Valverde II\/Dallas Morning News<\/p>\n
Walmart<\/a> has been revealed as the Fortune 500 company behind an anticipated $400 million distribution center in Cibolo.\u00a0<\/p>\n The Bentonville, Ark.-based company plans to build a 712,500-square-foot distribution center with a 31,933-square-foot connected office at 3641 S. Santa Clara Road, according to a filing<\/a> with the Texas Department of Licensing and Regulation. Construction is expected to begin in February and be completed by August 2029.\u00a0Details in state filings are preliminary and subject to change without notice.<\/p>\n Article continues below this ad<\/p>\n The development, which the city code-named Project\u00a0Theo, is expected to generate at least 425 full-time jobs with wages above the median salary of the San Antonio metro area. Cibolo officials had yet to reveal the operator in previous meetings and requests for comment, only referring to it as an unidentified Fortune 500 company.<\/p>\n READ MORE: Fortune 500 company planning $450M distribution center, 425 jobs in Cibolo<\/a><\/p>\n City officials and Walmart declined a request for comment about the filing.<\/p>\n San Antonio Express News Logo<\/p>\n Make us a Preferred Source on Google to see more of us when you search.<\/p>\n <\/p>\n Add Preferred Source<\/p>\n <\/a><\/p>\n The San Antonio Express-News\u00a0first reported on the project<\/a> in October last year, when the Cibolo City Council approved\u00a0a package of tax breaks valued at $32.5 million to attract what its agenda called a \u201cnext-generation\u201d distribution center on 126 acres off Interstate 10 between San Antonio and Austin. Cibolo city officials also want the company to set aside about 20 acres for a future store.\u00a0<\/p>\n Article continues below this ad<\/p>\n \u201cThis project will be a game changer for Cibolo,\u201d Guadalupe County Commissioner Stephen Germann previously told the council.<\/p>\n Walmart\u2019s distribution center is being built on 126 acres, outlined in red, next to the\u00a0Aisin plant.<\/p>\n City of Cibolo documents<\/p>\n The city\u2019s plan includes a 75% property tax abatement for 10 years, 50% rebate of the city\u2019s maintenance and operations property tax for five years and a performance-based sales tax. Council materials said Guadalupe County is working on its own plan for the company. Additionally, the council approved the establishment of a tax increment reinvestment zone, a defined area where a city sets aside future growth in property tax revenue to pay for improvements in that area. The current property tax value is $13,000.<\/p>\n In addition to the city\u2019s package, the public-private Cibolo Economic Development Corp. will offer a $300,000 infrastructure reimbursement to be paid in the first year, a project permit fee cap of $453,000 and $6,000 for workforce development.<\/p>\n Article continues below this ad<\/p>\n The distribution center will be \u201crun by robots, high-tech equipment and operators managing that equipment,\u201d city officials previously stated.\u00a0<\/p>\n In 2021, Walmart contracted Mass.-based robotics company Symbotic <\/a>to install its automated storage and retrieval systems across all\u00a0of Walmart\u2019s 42 regional distribution centers by 2034.\u00a0<\/p>\n With 38 stores in the San Antonio metro area and $2.9 billion in sales last year,\u00a0Walmart has the second-largest share of the local grocery market with 26.3%, according to industry publication Chain Store Guide<\/a>. By comparison, H-E-B has the largest share, 49.5% of the local market, with 64 stores and about $5.5 billion in sales.<\/p>\n<\/p>\n
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