Walmart is moving ahead on a $400 million distribution center in Cibolo, a San Antonio suburb. The company says work on the 744,000-square-foot store could begin early next year, with completion slated for the third quarter in 2029. ESI Group is designing the project.

Commercial Search reports the city approved a 75 percent property tax abatement running for 10 years and a 50 percent rebate of the maintenance and operations property tax for five years, as well as a performance-based sales tax. This amounts to roughly $32.5 million in tax breaks. Additionally, the council established a tax increment reinvestment zone in the area.

The facility will rise on 126 acres at 3641 S. Santa Clara Road, the former San Antonio Raceway site along Interstate 10 in Guadalupe County. This industrial submarket has an industrial vacancy of 5 percent as of September.

Walmart operates 38 stores in the San Antonio metro area. In Texas, the company operates 22 supply chain facilities.

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