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Plans for an Amazon warehouse in Round Rock are put off


Plans for an Amazon warehouse in Round Rock—a $250 million project slated to be a large distribution center—are on hold.

This comes just after the tech giant had its worst financial quarter in seven years.

The details:

  • Late last year, it announced an expansion at the Domain adding 2,000 more corporate and tech jobs.
  • Amazon still owns the site in Round Rock. Plans for it are unclear.
  • Early this week, the Wall Street Journal reported that Amazon is aiming to scrap warehouse space as it faces a slowdown in its e-commerce operations.

Part of that effort involves exploring the possibility of ending or renegotiating leases with outside warehouse owners. Another aspect is a plan to sublease warehouse space.

“It allows us to relieve the financial obligations associated with an existing building that no longer meets our needs,” an Amazon spokeswoman told the Wall Street Journal. “Subleasing is something many established corporations do to help manage their real estate portfolio.”


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