The city is reviewing a permit application for Lincoln Property Co. to build a 302,800-square-foot warehouse shell at an estimated job cost of $22 million on land the developer bought in June in West Jacksonville.
Adkinson Engineering is the civil engineer for the project on 41.29 acres that Dallas-based Lincoln Property bought at 2992 Pickettville Road.
Landowner Jack Allen sold the site for $5.5 million. Colliers Director Joseph Turri, who represented Allen in the sale, said previously that 27.6 acres is usable.
The land is west of Interstate 295 and south of Pritchard Road.
Plans show a general storage warehouse on about 12 acres and use of the remainder for parking, truck parking, a pond, mitigation and wetland.
The client is listed as Lincoln Property Co.’s Atlanta office.
Chicago-based Lincoln Advisors bought the Pickettville Road property through Columbia Florida Pickettville Industrial LLC.
Allen sold it through Transportation Property Partners LLC.
It is one of several warehouses in development as the industrial vacancy rate in Northeast Florida falls to 3.3% and below.
