Developer starts construction work on 1.3 million sq. ft. industrial project in Fort Pierce

0
2975
fort pierce stormont

Your free weekly Florida Construction News eletter

Receive news updates about Florida construction activities and opportunities every Thursday.

Stonemont Financial Group (SFG) says it has broken ground on a new two-building, 1.3-million-sq. ft. speculative industrial development adjacent to Interstate 95 in Fort Pierce. The project reflects surging real estate demand from e-commerce users and third-party logistics providers in one of the state’s fastest growing areas, the developer says in a Jan. 14 statement.

The South Florida Logistics Center 95 will be a one cross-dock facility totaling 1.1 million sq. ft. with a 40’ clear height, along with a rear-load facility totaling 202,400 sq. ft. with a 32’ clear height.

Work is expected to be completed by year’s end.

“The location of this development provides an immediate competitive advantage for e-commerce providers and other logistics operators who have to meet growing consumer demand for rapid delivery,” said SFG managing principal and CEO Zack Markwell.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

thirteen − 12 =

This site uses Akismet to reduce spam. Learn how your comment data is processed.