Florida Gateway Logistics Park in city review

The project is in Westlake Industrial Park in West Jacksonville.


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The city is reviewing civil engineering plans for the first phase of the proposed 251-acre Florida Gateway Logistics Park in Westlake Industrial Park in West Jacksonville.

That phase comprise three buildings of 300,240 square feet (Building 2); 416,000 square feet (Building 3); and 1,000,350 square feet (Building 8). 

There are five more buildings in later phasing.

California-based CT Realty is the developer.

A CT Realty partnership with Diamond Realty Investments LLC intends to develop the more than $300 million, 3.2 million-square-foot, eight-building industrial park at the Pritchard Road property.

The partnership intends to start with the three speculative buildings in the first phase totaling more than 1.7 million square feet of industrial space for completion in 2022.

Luke Pope, managing director with JLL, is the leasing broker.

A 1 million-square-foot speculative structure makes space available to tenants who might be on a tight timetable.

Pope said previously the smaller buildings can be single- or multitenant.

DRI/CTR JAX Phase I LLC applied to the city for civil engineering plan review July 28 and previously with the St. Johns River Water Management District.

 Acreage is identified for five more buildings that total almost 1.5 million square feet and range from 250,200 to 416,000 square feet.

DRI/CTR JAX Phase I LLC bought the vacant land April 29 from Southeast Toyota Distributors LLC of Deerfield Beach for $19.5 million. 

 

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