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MegadealsSubsidy Tracker Individual Entry
Company: The Kroger, Co.
Parent Company:
Kroger
Subsidy Source: State
Location: Louisiana
City: Lake Charles
County: Calcasieu
Address: 2010 Country Club Rd
Zip: 70605
Project Description: The project entails the relocation of an existing grocery retail store (49,000) into a new, larger facility of 94,000 square feet. This is approximately 45,000 square feet larger than the existing store, and it will offer a significant increase of products and items to customers in the Lake Charles community and surrounding area. These items include fresh produce, fresh meat and seafood, an increase in everyday grocery staples, bakery items, household and kitchen items, chef prepared meals, and more. Additionally, there is a pharmacy on-site, and there is a gas station included to truly create a one-stop shopping experience for customers.
Year: 2018
Major Industry of Parent: retailing
Specific Industry of Parent: retail-supermarkets
Subsidy Value: $297,605
Program Name: Enterprise Zone
Awarding Agency: Louisiana Economic Development
Type of Subsidy: tax credit
Number of Jobs or Training Slots: 423
Wage Data: $21,492,147
Wage Data Type: Estimated Total Payroll
Capital Investment: $17,007,000
Source of Data:
(click here)
Notes: Year is application board approval date. Subsidy is the sum of Estimated 5 Year Payroll Credit and Estimated 5 Year S&U or Investment Tax Credit. Jobs is the sum of estimated 5 year new jobs, existing jobs, and estimated construction jobs, which equals the estimated total jobs. Wage data is the sum of estimated 5 year payroll, existing payroll, and estimated construction payroll, which equals the estimated total payroll. Investment data is the sum of Estimated Building And Material, Estimated Machinery And Equipment, and Estimated Labor And Engineering which equals the Total Estimated Investment.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.