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Jax Daily Record Thursday, Sep. 16, 202104:50 AM EST

Foundations approved for 1.7 million warehouse phase in West Jacksonville

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Florida Gateway Logistics Park is developing its first three buildings.

The developer planning to complete the first phase of Florida Gateway Logistics Park in West Jacksonville within the year applied for permits to build foundations for the initial three buildings.

CT Realty filed applications for Evans General Contractors of Savannah, Georgia, to build the foundations for 1.72 million square feet of space on 164 acres at project costs totaling almost $1.2 million.

England-Thims & Miller Inc. of Jacksonville is the civil engineer.

The address is 9909 Pritchard Road. The city approved initial site clearing Aug. 24.

Permit applications show foundation construction for:

• The 1,000,400-square-foot Building 8 at a cost of $668,440.

• The 421,200-square-foot Building 3 at $285,520.

• The 300,300-square-foot Building 2 at $230,680.

JLL, also known as Jones Lang LaSalle Inc., represents the developer. 

Plans were prepared for California-based DRI/CTR JAX Phase 1 LLC, which bought 251 acres in April. 

It plans a total eight-building industrial park at more than 3.2 million square feet and $300 million.

JPMorgan Chase financed the first phase at $71.825 million.

A partnership of CT Realty and Diamond Realty Investments LLC is the owner and developer.

The partnership said previously it intends to start with the three speculative buildings in the first phase.

A marketing brochure from CT Realty and JLL says the structures will be delivered in the third quarter of 2022.

The remaining five buildings range from 250,200 to 416,000 square feet.

JLL Managing Director Luke Pope said he May he already had discussions with one group interested in the 1 million-square-foot structure, which he said likely would be built and leased to a single tenant.

A speculative structure of that size makes space available to tenants who might be on a tight timetable

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