Pratt & Whitney facility’s groundbreaking. Picture courtesy of Seefried Industrial Properties
Seefried Industrial Properties, in partnership with Truist Securities, has began building on a two-building, 928,000-square-foot venture in Oklahoma Metropolis. Upon its completion within the second quarter of 2024, the campus might be dwelling to American aerospace producer Pratt & Whitney.
Layton Development Co. serves as common contractor, Olsson Engineering will present civil engineering companies, whereas Pross Design Group Inc. is the architect in cost. The ability will function a depot hub for Pratt & Whitney’s navy engines, presently housed at Tinker Air Drive Base and in different places.
The event marks the third partnership between Seefried and Truist in Oklahoma Metropolis, Seefried Growth Supervisor Jaymie Bullard mentioned in ready remarks. He additionally famous that the campus might be dwelling to 500 Pratt & Whitney staff.
Pratt & Whitney is investing $255 million within the new facility. The venture expands the aerospace producer’s capability within the space whereas additionally consolidating its six different websites into two new places—the longer term Oklahoma Metropolis facility and Tinker Air Drive Base’s Air Logistics Complicated.
READ ALSO: Development Spending Booms Throughout the Board
The property is ready to embody a 842,043-square-foot warehouse, expandable to 942,000 sq. toes, and a two-story workplace element totaling 86,000 sq. toes. Future growth plans additionally embody an adjoining coaching facility of 100,000 sq. toes of area. The economic facility will characteristic 40-foot clear heights, tilt-up building, 120 dock-high doorways, six grade-level doorways, 515 car parking spots with EV charging stations and an ample concrete truck court docket with 103 trailer parking spots.
The campus is taking form on a 85-acre web site on South Air Depot Boulevard, offering easy accessibility to Interstate 240. Cushman & Wakefield Govt Director Sean Duffy represented the possession, whereas Keith Kuhlman, director of particular initiatives with The Alliance for Financial Growth of Oklahoma Metropolis, negotiated on behalf of the vendor throughout the land acquisition course of.
Seefried’s developments throughout the U.S.
Since its inception, Seefried has developed greater than 200 million sq. toes of commercial area, valued in extra of $18 billion. One of many agency’s present developments is a two-building speculative venture in Rockwall, Texas. The 315,400-square-foot campus is slated for completion by the top of 2023.
In November 2022, Seefried additionally begun web site work at a 287-acre master-planned campus in Savannah, Ga. The property will whole 4 million sq. toes of Class A distribution and manufacturing area at full build-out.