100-Acre Industrial Park Wins Approval

Miami-based asset management firm Skyfarm Strategic Capital LLC announced that it has received approval to develop Florida Commerce Park, a 100-acre industrial park in Martin County’s Indianville.
The park will be one of the largest non-residential land developments in recent South Florida history, and with up to 1.3 million square feet, by far the largest industrial development ever undertaken in Martin County.
The approval comes at an opportune time for trade and industry in South Florida as the Panama Canal expansion nearing completion will double the canal’s capacity and have significant trade implications for the region. The park is situated at a crossroads of commerce along the U.S. Department of Transportation’s critical intermodal roadway system and CSX’s main rail, offering easy access to Florida’s east and west coasts.
The park along State Road 710 is only 90 minutes from PortMiami and even closer to Fort Lauderdale’s Port Everglades. It’s also “shovel-ready” for businesses to obtain permit-ready parcels ranging from 1.4 to 100 acres in size.
Skyfarm received final approvals for the industrial park from Martin County and project development will begin within two months.

“The park is in an ideal location for trade to and from Latin and South America, Asia, and the Caribbean including trade transiting the Panama Canal,” said Jeremy Shapiro, director of corporate real estate development for Skyfarm Strategic Capital.

The western border of the 100-acre park runs parallel to the CSX main rail line. Further, the park is at high elevation to sea level, which together with its inland location provides enhanced safety compared to coastal locations prone to tropical storms.
 
Source:  CoStar
 

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