Valued at nearly $29.3 million, the development is designed to function as a distribution and logistics hub with convenient access to Miami’s major transportation corridors.
The backlash against AI-driven data center development across the U.S. has resulted in a wave of enacted and proposed building moratoriums and policy changes as local, state and federal officials grapple with concerns raised by residents about potential electricity rate increases, water shortages, expensive tax breaks, noise and air pollution problems.
A company is developing private cold storage warehouse units built for companies seeking greater operational control, flexibility, and the ability to scale without large upfront commitments. Facilities are currently being constructed in South Florida, Houston and Boston.
The vote, now scheduled for June 2, marks the latest setback in an ongoing battle over the proposed project to build a new Kelly Tractor headquarters outside the county’s Urban Development Boundary.
The small-bay industrial sector makes up more than half of U.S. industrial inventory, yet attracts less than a quarter of new development. That mismatch has intensified competition, driven up pricing, and squeezed margins, forcing investors to rethink how they create returns.