The Butler County Board of Commissioners last month approved for Carvana an Ohio Enterprise Zone Program Application, giving it a 65 percent property tax exemption for seven years.
David Fehr, Butler County’s director of development, said the project is important for several reasons.
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“The city of Trenton purchased and invested in the property with the intention of developing it for commercial purposes,” Fehr said. “New income tax will be generated for the City. The Edgewood School District will also see new tax dollars. The large number of employees at the facility will spin-off other economic activity as those workers purchase items from local businesses.”
The Enterprise Zone Application says the project will create 400 full-time permanent positions. Full time position include benefits, including health care. Employee wages are projected at $18 an hour.
Located in the Trenton Industrial Park, the project should start construction this summer and be completed by December 2021.
Employment ramp-up is projected to see 200 jobs in the first year, 100 additional jobs in the second year and 100 more jobs in the third year. At full employment, annual payroll will exceed $13 million dollars annually.
Each Carvana pickup location allows customers to shop more than than 25,000 vehicles on Carvana.com, finance, purchase, trade in and schedule as-soon-as-next-day Car Vending Machine pickup or home delivery of that vehicle.
Customers who choose Car Vending Machine pickup select a day and time convenient for them. Once they arrive at the site, they receive a commemorative, oversized Carvana coin to activate the vending process, then watch as their vehicle descends an all-glass tower.
The company says the process takes “only minutes, compared to hours at a dealership.”
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