Amazon Planning for 16M Square Feet of New Warehouse Spaces in 2024 (2024)

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Amazon Planning for 16M Square Feet of New Warehouse Spaces in 2024? ›

Amazon has been ramping up its delivery infrastructure in 2024, having already leased over 16 million square feet of new warehouse space so far this year. According to The Wall Street Journal, the company has spent much of the year investing in industrial properties in a bid to expand its distribution network.

Now, the e-commerce giant has hundreds of warehouses for numerous distribution purposes throughout the United States and has even branched out into other countries, such as Canada and Germany. As of 2021, Amazon's fulfillment centers average about 800,000 square feet in size.

Around 800,000 square feet in size, sortable fulfilment centres can employ more than 1,500 full-time associates. In these buildings, Amazon employees pick, pack, and ship customer orders such as books, toys, and housewares.

Amazon MQY1 Fulfilment Centre

The e-commerce giant has a combined worldwide capacity in excess of 166 million square feet in its distribution centres alone, with many in excess of 1 million square feet. Perhaps the largest however, is a new facility for 2021 in Mt. Juliet, Tennessee.

For one, a growing ecommerce market has increased the need for logistics and distribution centers. With so many people shopping online these days, retailers need more infrastructure to process and deliver orders. On top of that, consumers expect their orders to arrive faster than ever before.

What is the average warehouse size? The average warehouse size is nearly 17,500 square feet, with the majority of spaces ranging from 10,000 to 25,000 square feet. Some sizes are as small as 1,000 square feet or as big as over 500,000 square feet.

Amazon has warehouses in almost every state and province in North America and Mexico. According to CNBC, Amazon has more than 110 active fulfillment centers in the US and more than 185 centers globally. The states with the most Amazon warehouse locations are California, Texas, Illinois, Florida, and Pennsylvania.

Amazon chooses locations based on customer proximity, positioning warehouses close to major population centers to minimize shipping and delivery costs. Transportation infrastructure.

Amazon has a market cap or net worth of $1.97 trillion as of June 21, 2024. Its market cap has increased by 51.70% in one year.

1 = Boeing Everett Factory, Washington

Beyond any doubt, the Boeing Everett Factory, in Everett, Washington, USA is the most mega warehouse in the world. Checking in at an amazing 4.3 million square feet, it is both the largest warehouse and the largest building in the world.

Who builds Amazon warehouses in the USA? ›

Alston has built Amazon facilities across the United States utilizing proven project teams organized by region and project type.

The cost to build out and equip the interior of Amazon's planned pre-first-mile logistics facility is expected to be more than $30 million. "We're told the interior build-out could take as long as 12 months," Norden said.

How does Amazon own and manage its warehouses? Amazon owns and operates its warehouses to store its vast inventory. These warehouses are strategically located across the globe to ensure proximity to customers and efficient order fulfillment.

Fulfillment network cuts continues in 2023, total now 32M SF.

Staggering stats even by Amazon standards

As of 2021, Amazon's fulfillment centers average about 800,000 square feet in size. The total number of Amazon warehouses in the United States, both current and confirmed, have amassed approximately 319 million square feet.

Engadget reports that mobility concerns are the primary reason for managers quitting Amazon warehouses and the second-highest reason for other staff members who work the floor.

The warehouse might store a variety of inventory with different storage needs. To accommodate these needs, a Class A warehouse will have ceilings at least thirteen meters high, support columns at least twelve meters apart, and spans of at least twenty-four meters.

Average Size of Shipping Warehouses

However, this can range from small warehouses of 10,000 to 25,000 square feet for startups and small businesses to large facilities exceeding 500,000 square feet for well-established companies with extensive inventory needs.

Imagine what 1,000 (305m) feet looks like. A football field is about 300 feet long. So just about 3 football fields in length. Now imagine that in both directions (as a square) AND there you have it 1,000,000 square feet.