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Incentives approved for new Cargo Largo facility

A $67 million redevelopment plan for a new Cargo Largo facility has been approved by the Independence City Council. The project will consolidate Cargo Largo's six metro operations into one location to serve as its new corporate headquarters.

The Independence City Council approved the Redevelopment Plan for the Cargo Largo Project, the retail arm of Recovery Management Corporation (RMC).

This $67million plan will consolidate operations from six metro locations into a new corporate headquarters, store, and warehouse. The new 524,000 square foot mixed used facility and new parking lot will be the first of a four-phase redevelopment plan.

Phase two will include redevelopment of their current 76,439 square foot facility as warehouse and distribution space. Phase three includes the construction of an 80,000 square foot mixed used facility and phase four will include the addition of a 10,000 square foot facility for mixed uses.

Additionally, infrastructure improvements will be made, including improvements for access and traffic flow.  The site is on vacant land on the west side of Noland Road across from Truman High School. The Project will retain 101 current employees and will bring 398 new employees to Independence.

“We are excited to help walk this project across the finish line. Our staff has worked with Cargo Largo for many years to help bring these quality jobs and increased tax revenues to our city,” said Steve Mauer, Board Chair of the Independence Economic Development Council (IEDC).

“After many years of effort, I am thrilled to announce we are moving forward with construction of our new headquarters facility. The building will allow our employees to work together under one roof in an environment designed specifically for Cargo Largo’s needs.  We’re excited to unite all business operations back in Independence, where we can plant our flag and create a long-term, permanent home.” said Dee Pack, CEO and President of RMC.