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• The Wall Street Journal reports that Amazon has recently agreed to “take space in a first-of-its-kind three-story warehouse, a new type of distribution center that could reduce delivery times in congested cities to hours rather than days.”

The warehouse, in Seattle, is described as “the first of its kind to open in the U.S. with multiple floors that large delivery trucks can access by ramps, property analysts say … While common in densely-populated Asian and European cities, modern warehouses with multiple floors have been absent until recently in the U.S., where higher land and construction costs deterred developers.

“But now that more retailers are racing to deliver more same-day packages, developers are starting to build the multistory fulfillment centers needed to speed delivery in congested cities.”
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