Shutterfly, Inc, an online digital photo publishing company, is looking to build a 200,000 square-foot manufacturing plant off Hwy. 169 in Shakopee by 2014.
KSTP reports the $60 million project with Minneapolis-based Ryan Companies would generate more than 300 jobs over the next two to five years
Shutterfly is meeting with the Shakopee City Council Wednesday night to discuss the plans. The company is seeking a nine-year property tax abatement, ranging from $569,078 to $758,771 in estimated value.
Scott County is also considering a similar tax abatement request.
Also included in the incentive package are Metropolitan Council and city sewer access charge credits of $174,600, according to the Shakopee Patch.
Shutterfly CEO Jeffrey Housenbold told the Business Journal that the new plant will help provide more next-day delivery service for customers.
Housenbold said the company plans to break ground in the next couple of months and open by the third quarter of 2014.