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Five Below to build $75 million distribution center in Buckeye

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Discount retailer Five Below will build a $75 million distribution center in Buckeye, the city announced Tuesday afternoon.

The Philadelphia, Pennsylvania-based company plans to begin construction on the 850,000-square-foot distribution center, located at Miller and Durango roads, in 2020, with construction expected to be completed in 2021.

The center is expected to create 150 jobs initially, with plans to grow to 290 in five years.

“We are really excited to continue our expansion out West and to build out our distribution network,” Joel Anderson, CEO and president of Five Below, said in a statement. “The center will initially service stores in Arizona, California, Nevada and Colorado, with capacity to expand as we enter new western states over the coming years, as well as to support future e-commerce operations.”

Read more from the Phoenix Business Journal.