ThredUp Inc., one of the largest online resale platforms for women's and kids' apparel, shoes, and accessories, will invest $70 million to expand operations and build a distribution hub in Lancaster, Texas. The project is expected to create 2,000 jobs.

The company anticipates the 600,000 square foot facility, located off I-35 and I-20, will be thredUP's largest and most automated distribution center.

Upon completion the four-level facility will store as many as 10 million items, more than doubling the company's total capacity to 16.5 million items across its network. The location will enable the company to further scale its operating platform as more consumers resell their clothing and thredUP continues to build the selection in its marketplace to historic levels.

"thredUP's newest distribution center underscores our relentless investment in the technology and software that powers our network and enables us to deliver resale at unparalleled scale," said James Reinhart, Co-Founder and CEO at thredUP. "With expanded item capacity and automation capabilities, thredUP is accelerating its ability to unlock massive amounts of supply and building the backbone for resale on the Internet for our customers and RaaS clients."

thredUP expects to begin processing items in the new distribution center in the second quarter of 2022 with an initial capacity of 500,000 items. The company expects to employ 300 people at the new facility upon its opening.