With a proposal heading to the city council on April 16th for approval, the facility would span more than 5,000 square feet and feature seven courts for play. Padel continues to grow in popularity across South Florida, with new facilities opening throughout Miami-Dade, Broward, and Palm Beach counties.
Codina sold the 200,600-square-foot warehouse located within Beacon Logistics Park in Hialeah to a real estate entity linked to the Church of Jesus Christ of Latter-day Saints.
The transaction equates to $196 per square foot.
A botched $11M land deal will cost the city of Doral nearly double the price six years later. Elected officials approved settlement to pay property owner $21M for using vacant site as a staging area before completing the purchase.
Panattoni Development Co. plans to demolish the existing structure and build two industrial buildings totaling 153,654 square feet, along with 171 parking spaces. The proposed buildings will each cover 76,827 square feet and feature a 36-foot clear height.