Bridge Development gets $75M for industrial park construction

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Credit: Bridge Development

Bridge Development Partners  hAscored a $75 million construction loan and broke ground on the first phase of its Bridge Point Commerce Center project in Miami Gardens, according to The Real Deal.

The 2.1-million-sq.-ft.industrial park is being built on 186 acres at 3900 Northwest 215th St.

The first phase consists of three buildings totaling 1.1 million square feet, including two nearly 287,000-sq.-ft. buildings and a 535,000-sq.-ft. facility with slightly higher ceiling heights.

The first phase is slated to be completed by the second quarter of 2019. It will be one of three industrial projects Bridge Development plans to deliver in South Florida in the next year.

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