With warehouses in demand and at least one prospect looking for more than a 1 million-square-foot distribution center, North Jacksonville is targeted for a sizable industrial park.VanTrust Real Estate LLC intends to buy 156 acres of industrial property in Imeson International Industrial Park for development of 3 million square feet of space among three to six buildings. See the article here from Karen Brune Mathis of The JAX Daily Record.
Plans have been submitted by Dallas-based Hillwood, the master developer of Alliance Florida at Cecil Commerce Center, and the city, which owns the business park, for a new warehouse. The developer could join amazon.com for a 1.5 million-square-foot warehouse code-named Project Jaguar. The user/prospect is yet unnamed.
Know progressively what Karen Brune Mathis of JAX Daily Record says in regards to this!
JAX University, an 84-year-old institution, is transforming its 260-acre campus under the leadership of President Tim Cost. The city approved the permit for The Haskell Co. to build the Jacksonville University Welcome Center at the Institution’s Arlington campus. Completion is expected in early 2019.
The partners of Augustine Development Group provided details of their plans, after they purchased five lots to bring back the historic Ambassador Hotel in Downtown Jacksonville to its “original luster”.
The mayor’s office said an unnamed developer has bought the half-built skeleton of a tower on downtown’s riverfront and plans to build a hotel, entertainment venue and parking garage on the property. Even though the building is exposed with incomplete concrete and steel structures for more than a decade, developer believes structure is sound and will be developed as per the plan.
Authorities at Jacksonville University have started development on the school’s new College of Health Sciences building, an $8 million project. The Florida Times-Union has the article here.
Illinois organization refers to local development in choice to construct 186,000-square-foot office.
Becknell Industrial, an Illinois-based developer and investor, that ventured with Norfolk Southern to build Westlake Industrial Park, expects to go forward with a spec 186,000-square-foot warehouse to deliver by year-end. Guy and Seda Preston with Colliers International Northeast Florida are the leasing agents. Kare Brune Mathis of The JAX Daily Record has the article here.
Today, Governor Rick Scott reported about $23 million in grants for eleven extra Florida Job Growth Grant Fund extends over the state. The Florida Job Growth Grant Fund, built up by Governor Scott and the Florida Legislature a year ago, gives $85 million to enhancing open foundation and improving workforce preparing in Florida. The Florida Department of Economic Opportunity (DEO) has gotten in excess of 235 proposition asking for more than $825 million in funding. Find more details from Enterprise Florida here
Transportation coalition sets out to make Jacksonville a smart region. Fueled by public-private partnerships, a coalition of 30 stakeholders hopes to transform Northeast Florida into a data-driven smart region.
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Major development projects have returned to the landscape of Jacksonville’s urban core. Find out where ModernCities.com takes a brief look at the status of various developments under construction in and around Downtown Jacksonville in early 2018.
Check the full updates from Moderncities.com here