VanTrust Real Estate applies for permit to build almost 550,000-square-foot speculative warehouse

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Mathis Report

The city is reviewing building plans for the speculative 547,200-square-foot Building D at Imeson Park South at 1511 Zoo Parkway in North Jacksonville.

No contractor is identified and no final cost is estimated.

VanTrust Real Estate LLC is the developer.

JEA issued a utility service availability letter Aug. 9 for the project, also called Building 400.

A map for Building D, also called Building 400, at Imeson Park South at 1511 Zoo Parkway in North Jacksonville.

It is the fifth of VanTrust’s proposed seven buildings to be constructed at Imeson Park South.

The first four are:

• Building B1 (also known as Building 500) is 235,735 square feet on 18.82 acres. The Conlan Co. is the contractor for the almost $15.2 million construction project. England-Thims & Miller Inc. is the civil engineer. The city issued a permit Sept. 22.

VanTrust Executive Vice President Marc Munago said Aug. 9 that he expected completion in May 2024. He said the building is designed for multiple tenants or a single tenant.

The city issued permits in June 2022 for Building A and Building C and in September 2022 for Building E.

• Building A (Building 100). The 202,800-square-foot building is a completed build-to-suit that is occupied by Sub-Zero Group Inc.

• Building C (Building 200). The 547,200-square-foot building is leased by European-based budget fashion retailer Primark for its expansion in the southern U.S.

• Building E (Building 300). The 1 million-square-foot building is leased to Sam’s Club, the wholesale membership club division of global merchandiser Walmart Inc.

A site plan for Building D at Imeson Park South.

Two more structures are planned – Building B2, at 235,735 square feet, and Building F, at 216,320 square feet. Those are Buildings 600 and 700.

Munago said those will be developed after Buildings B1 and D, unless a tenant needs them sooner.

VanTrust Real Estate said the Imeson Park South master plan totals 3 million square feet of industrial space.

JLL Senior Managing Director Luke Pope and Vice President Ross Crabtree represent VanTrust in lease negotiations.

The 214-acre Imeson Park South property is south of VanTrust’s 146-acre Imeson Park, which totals about 2.5 million square feet that includes a 1 million-square-foot Amazon fulfillment center.