H-E-B is planning a $636.5 million expansion of the company’s East Side distribution operations, and it’s asking Bexar County for a $15 million tax abatement .
The San Antonio-based grocery chain is looking to add a new bakery and logistics hub and make other improvements at its facility along South Foster Road and south of East Houston Street, according to a presentation county staff plan to give to Commissioners Court next week. H-E-B would hire 720 employees at an average salary of $52,778 and keep 1,389 jobs at the facility.
Commissioners will vote Tuesday on whether to give staff the go-ahead to negotiate a 10-year, 85% property tax abatement agreement.
They will also decide whether to make an exception to the county’s minimum job requirements for tax breaks.
The county requires companies seeking assistance for a facility to pay all full-time employees there a living wage, which is currently $20.18 per hour, or 70% of full-time employees an “all-industry wage,” which is $21.34 per hour. H-E-B’s base hourly wage is $18.23 per hour and would rise to $24.55 per hour after the 10th year of the agreement, according to the presentation.
This is a breaking news story and will be updated.
Discover more from PressNewsAgency
Subscribe to get the latest posts sent to your email.