Dundas Industrial Park, the third Jacksonville warehouse center developed by former Florida Lt. Gov. Carlos Lopez-Cantera, is under construction in North Jacksonville
The city issued construction permits July 6 and July 24 for the three buildings that total 138,313 square feet at a combined construction cost of almost $10.5 million.
The city issued foundation permits June 29 at a job cost of $4.3 million, totaling $14.8 million for the construction project.
ARCO Design/Build is building the structures on almost 10 acres at 440 Dundas Drive in Busch Drive Business Park, a mile east of Interstate 95 and south of Busch Drive.
Through Jax Industrial Two LLC, Lopez-Cantera bought the vacant industrial property for $589,390 in October 2020.
The city approved site clearing Feb. 4 for $75,000.
Jacksonville-based GAI Consultants Inc. is the civil engineer.
The project was prepared for Pan American Companies Inc., led by Lopez-Cantera, of Coral Gables.
Permits show the three multitenant buildings comprise 60,313 square feet, 48,000 square feet and 30,000 square feet.
A marketing plan shows that 18,000 square feet remains available for lease in the largest building.
Colliers Executive Director Guy Preston and Associate Director Seda Preston in Jacksonville comprise the leasing team for the property.
The marketing brochure says spaces are available from 6,000 to 60,000 square feet and will be available in the first quarter of 2024.
It says the property is within the boundary of the Northwest Jacksonville Economic Development Fund, a city program that provides economic incentives to businesses for qualifying investments.
Lopez-Cantera also is working on two industrial buildings totaling 425,000 square feet in North Jacksonville at a project it calls Airport Industrial Park East.
That 30.2-acre site is along International Airport Boulevard, about 1 mile south of Pecan Park Road. It is east of Jacksonville International Airport and west of I-95.
Lopez-Cantera’s first area center is Lane Industrial Park at northwest Lane Avenue and 12th Street in Northwest Jacksonville.
Lane Industrial Park is designed for two 160,000-square-foot warehouses.