The plan, he said, when fully realized, will increase the tax revenue the site generates to $1.6 million from $211,000.
The site currently generates an estimated four million unique visitors a month.
The site generates around 500 million page views per month.
The site generated $15 million in sales last fiscal year.
They said they still thought the site could generate several million dollars in annual income.
The site generated one million registered users within its first 140 days.
Collectively the sites could generate about 540,000 square feet of retail space.
The site currently generates approximately 6 million page views per month.
The site was also generating 150,000 leads per month for its base of 360 merchants.
The site was generating about $35,000 a year in subscription sales.