Aiming toward completion in the first quarter of 2027, developers intend to ceremonially break ground May 29 on Pritchard Park, an industrial project in Westlake Industrial Park.
Miami Beach-based Hazel Street Industrial and Faropoint of Hoboken, New Jersey, are developing the two-building, 157,680-square-foot business park at 9770 Pritchard Road in West Jacksonville.
Westlake is along Pritchard Road, about 4 miles west of Interstate 295, which connects to I-95 and I-10, Jacksonville International Airport and the Port of Jacksonville.
Commercial real estate firm CBRE First Vice President Kyle Fisher and associates Kyle Murphy and Alliah Hardee represent Hazel Street and Faropoint in lease negotiations at Pritchard Park.
Building 100, at 97,200 square feet, is designed for three bays, comprising two at 29,160 square feet and one at 38,800 square feet.
Building 200, at 60,480 square feet, comprises four bays of 15,120 square feet each.
Spec office space is designed within each bay, which also have loading docks and and drive-in doors with a shared truck court.
Hazel Street and Faropoint say in their marketing brochure that they expect the project to be delivered, meaning it will be ready for tenants to build-out space, in the first quarter of 2027.
The city issued a permit March 5 for Hazel Street to clear the site.
The city has been reviewing two permit applications for what plans call Westlake Parcel 5 Buildings 1 and 2 at a total estimated project cost of $15.34 million.
Through Pritchard Road Owner LP, Hazel Street paid $2.3 million Jan. 21 for an undeveloped 14.95-acre site along Pritchard Road, east of Directors Road. Pritchard Park is south of a Georgia-Pacific warehouse.
Hazel Street builds, acquires and operates industrial real estate in Florida markets.
Hazel Street said in November it expected to buy Westlake Parcel 5 by late January, start construction in March 2026 and complete the project in the first quarter of 2027.
Hazel Street bought the land from Swift Transportation Co. of Arizona LLC.
Hazel Street Industrial, which rebranded from Hazel Street Capital, completed Park 295 Landing in fall 2025 in Northwest Jacksonville. The 101,138-square-foot building is divided among four spaces.
“We are seeing a lot of velocity with our Park 295 property,” Managing Partner James Ryan said in November.
“There’s been a slowdown generally, but we have a strong conviction in Jacksonville.”
Ryan said the Hazel Street project is in demand for the small-bay size range.
He said the larger building will be targeted to manufacturers, assembly and logistics tenants. The structure will have a thicker floor slab and higher clear heights.
The smaller building will be marketed for small manufacturers, logistics and services tenants.
Evans General Contractors will be the contractor. LS3P Associates Ltd. is the architect. England, Thims & Miller Inc. is the civil engineer.
Westlake Industrial Park is dominated by larger buildings, including Southeast Toyota Distributors and a BJ’s Wholesale Club distribution center. The Hazel Street site is across Pritchard Road from a Georgia-Pacific warehouse.
Ryan said Hazel Street would buy the property with “a preexisting partner.”
The deed, recorded Jan. 26, 2026, shows the address of Pritchard Road Owner LP as that of Faropoint, which is an industrial real estate asset manager that partnered with Hazel Street at Park 295 Landing.
