Blueteck Secures Loan For New Industrial Project In Miami-Dade

Blueteck is moving forward with its latest industrial and office development near Dolphin Mall in Sweetwater after securing a $16.75 million construction loan.

Miami-based Banco do Brasil Americas provided the financing to Flightway Twelve LLC, a Blueteck affiliate led by President Josue Dimas De Melo Pimenta.

The project will rise on a 3.48-acre site at 1501 NW 110th Ave., which the developer purchased in 2014.

Following a successful rezoning application last year, plans call for 75,080 square feet across two buildings. About 45,000 square feet will be dedicated to warehouse space, with the remainder set aside for office and mezzanine use. Each building will be divided into smaller bays designed for multiple tenants.

Blueteck has a long track record of delivering similar “Flightway” flex developments throughout Miami-Dade County. Many of these projects are sold as commercial condos, offering small businesses affordable warehouse space paired with office areas—an increasingly popular model in the local market.

 

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