FedEx Planning Van Facility in Colorado
FedEx Corp. is planning a major van facility in Louisville as it expands and modernizes its ground service, according to documents on file with the Louisville Planning Department.
The site, at 2035 Taylor Ave. in the Colorado Tech Center, will provide space for 104 vans and will also include counter sales and customer service, according to a letter submitted by Denver-based developer Etkin Johnson Real Estate Partners.
Louisville Director of Planning and Building Safety Rob Zuccaro said the proposal is tentatively scheduled to be heard by the Louisville Planning Commission on Aug. 10, and if approved, would go before the Louisville City Council on Sept. 19.
According to documents Etkin Johnson has filed with the city, the single-story building will be 108,889 square feet and will be constructed to meet LEED certification standards, which require that buildings are sustainable and highly energy efficient. Etkin Johnson plans to lease the facility to FedEx.
Etkin Johnson Project Manager Jim Vasbinder could not be reached for comment July 13.
Zuccaro said that portion of the tech center was originally zoned for commercial development but has since been rezoned for industrial uses.
FedEx officials could not be reached for comment. But in its latest earnings report, released June 20, the company said it planned to spend $5 billion on capital projects this year to increase planned aircraft deliveries and to support its ongoing fleet modernization, ground automation and capacity expansion.
FedEx posted revenue of $60.3 billion and operating income of $5.04 billion for its fiscal year ending May 31, an improvement over the previous year when it generated revenue of $50.4 billion and operating income of $3.08 billion.
