News Summary
Jacksonville is set to welcome a new industrial space development by Becknell Industrial, aiming to build 1.2 million square feet at Westlake Industrial Park. This significant project is currently in the planning phase, with environmental permits under review, highlighting a commitment to sustainability. The 171-acre site is ideally located, facilitating logistics and distribution with easy access to major highways and the Jacksonville International Airport. As the Jacksonville industrial market thrives, this ambitious project reflects ongoing growth and opportunities in the area.
Exciting New Development on the Horizon in Jacksonville
Jacksonville is buzzing with the news of a major new industrial space development that’s on the way. Becknell Industrial, a company known for its large-scale projects, has set its sights on building a whopping 1.2 million square feet of industrial space at the ever-expanding Westlake Industrial Park. This new project is drawing attention, and folks are eager to learn more about what’s coming!
What’s in Store?
The exciting news comes as Becknell prepares to set up a significant construction project, potentially housed in a single building. Although much of the project detail remains under wraps, including who or what might occupy the space, the planning phase is well underway. An environmental resource permit is a necessity for the project, and applications are currently in review with both the St. Johns River Water Management District and JEA. As of February 10, the company submitted a pre-application, and conversations with local authorities are moving forward.
Taking Care of the Environment
With any large development, taking care of the environment is crucial. The current plans will include one modified, one new, and two existing stormwater retention ponds to ensure that proper water management systems are in place. It’s great to see that Becknell is not just thinking about progress, but also about sustainability!
Perfect Location
Now, let’s talk about location! This massive site spans 171 acres that Pritchard Road Florida Becknell Investors III LLC scooped up for just under $9 million back in December 2019. It’s quite strategically located, with easy access to Interstates 295 and 10. Plus, it’s only 17 miles away from the Jacksonville International Airport and 22 miles to the JaxPort Blount Island Marine Terminal. This means it’s not only going to be a hotspot for businesses, but also for logistics and distribution!
Thriving Industrial Market
A glance at the Jacksonville industrial market shows a healthy climate for this kind of development. With a low vacancy rate of 5.5% and strong leasing activity, this area is proving to be a hotbed for industrial growth and opportunity—it looks like this trend is set to continue through 2025. It’s no wonder Becknell is investing in this booming hub!
What’s Next?
This latest project adds to Becknell Industrial’s portfolio at the Westlake Industrial Park, which already includes multiple new buildings. In addition to the new Building 200, which is set to be just over 270,000 square feet at a cost of around $15 million, there are earlier projects underway. The first two buildings cost a combined $30 million and have impressive dimensions too!
Other Exciting Projects
But that’s not all! The neighboring area is a hive of activity, with companies like Sudler Companies also planning a new 345,000-square-foot distribution and manufacturing warehouse. They’ve acquired land within Westlake Industrial Park and are looking to expand, bringing even more job opportunities and services to the city.
As for MWI Property Group, they’re not far behind, having plans for new warehouses that promise to add great value to the area. With all these developments, it’s clear that Jacksonville is on the brink of an industrial boom!
Conclusion
Jacksonville residents and businesses alike should keep their eyes peeled for updates on this exciting industrial park development. With new projects sprouting up and drawing interest, it looks like a bright future awaits this community. As progress unfolds, everyone is hopeful that it’ll bring both growth and opportunity to the region!
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Additional Resources
- Jacksonville Daily Record: Becknell Industrial Project
- Colliers: Becknell Building 3
- Community Impact: Bee Cave Industrial Park
- Jacksonville Daily Record: Sudler Companies Acquisition
- Colliers: Midwest Building 200
- Wikipedia: Industrial Park
Author: STAFF HERE JACKSONVILLE WRITER
The JACKSONVILLE STAFF WRITER represents the experienced team at HEREJacksonville.com, your go-to source for actionable local news and information in Jacksonville, Duval County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Jacksonville Jazz Festival, Riverside Arts Market, and World of Nations Celebration. Our coverage extends to key organizations like the Jacksonville Chamber of Commerce and JAXUSA Partnership, plus leading businesses in logistics, healthcare, and entertainment that power the local economy such as CSX Corporation, Baptist Health, and VyStar Credit Union. As part of the broader HERE network, including HEREOrlando.com, HEREStPetersburg.com, HERETallahassee.com, and HERETampa.com, we provide comprehensive, credible insights into Florida's dynamic landscape.
