Rendering of House Coast Industrial Park. Picture courtesy of C4 Structure
Onicx Group, in partnership with Aries Capital, has introduced plans to develop House Coast Industrial Park at Parktowne, a 1 million-square-foot industrial campus in Edgewater, Fla. The three way partnership acquired the 84-acre web site in July, for $4.2 million.
The primary section of building will encompass two buildings totaling 309,500 sq. toes, scheduled to interrupt floor within the first quarter of 2023. Section I is slated for completion within the third quarter of 2023, with an estimated $50 million in capital bills.
The Class A improvement is designed by C4 Structure. Constructing One, which is 133,500 sq. toes, will function 24-foot clear peak, 49 drive-in doorways and can embrace 215 automotive parking areas. The 176,000-square-foot Constructing Two will function 32-foot clear peak, 52 overhead dock door positions and can embrace 175 automotive parking areas and 26 trailer stalls. Each buildings will function an ESFR sprinkler techniques and high-bay LED lighting with movement sensors.
House Coast Industrial Park will likely be positioned inside the Parktowne Industrial Middle, dealing with tenth St. and Parktowne Boulevard. The economic campus is roughly 60 miles from Orlando, Fla., with entry to Interstate 95. Corporations within the surrounding space embrace Dougherty Manufacturing, Northwest Lineman Middle and NSB Clothes Co., amongst others.
North Central Florida’s industrial pipeline
House Coast Industrial Park will function an addition to an elevated demand for extra industrial services within the space, influenced by the expansion of the house car launch trade alongside Florida’s House Coast.
Based on CommercialEdge information, the North Central Florida market at the moment has 27 industrial initiatives in varied phases of improvement, set so as to add roughly 15.8 million sq. toes to the present stock. Simply final month, Enterprise One Actual Property acquired a 16.7-acre constructing web site for the event of a 220,071-square-foot industrial facility, positioned 20 miles from Orlando.