CRA Annual Report 23/24 | Page 15

Costco Warehouse Distribution

Located on nearly 200 acres nestled between Interstate 95 and the Anthony F . Sansone Sr . Blvd , this project will include 1.87 million square foot distribution center . The first phase will consist of a warehouse for cold storage and dry storage . The second phase will be used for a Dry Goods Distribution Center . Future phases will include additional cold and dry storage . It is anticipated that more than 500 jobs will be created when fully operational .

Cheney Brothers

In early 2024 , Cheney Bros opened its newest location in Port St . Lucie ’ s Jobs Corridor . The $ 55-million facility is set to bring hundreds of new jobs to the area and estimated wages per employee will exceed $ 55,000 , plus benefits , reflecting approximately 35 % higher than St . Lucie County ’ s average wage . Cheney Brothers is a fourth-generation family-owned broadline food distributor , which was founded in West Palm Beach in 1925 . The new state-of-the-art distribution center fronts I-95 and is located just north of the FedEx facility .

Accel International Holdings , Inc .

A wire and cable manufacturer selected Port St . Lucie ’ s Tradition Center for Commerce for its southeast Florida expansion . Accel ’ s newest facility opened mid-year 2023 . Situated on 10 acres , the facility manufactures highperformance cables , wires and conductors serving the aerospace , medical , industrial and telecommunications marketplace with silver , nickel and tin-plated copper and copper alloy products .
2024 ANNUAL REPORT COMMUNITY REDEVELOPMENT AGENCY Page 15