The development requires the demolition of eight office buildings dating back to the 1970s, repurposing the aging office park into a next-generation, LEED-certified logistics hub.
Miami-Dade County Mayor Daniella Levine Cava vetoed a 379-acre expansion of the Urban Development Boundary near Homestead for a major industrial development. The move could put the brakes on a 5.9 million-square-foot industrial project, one of the largest in the region.
According to a new CBRE report, Miami is among one of the most favorable markets for multistory industrial development due to high land prices, dense population and high concentration of e-commerce shoppers. CLICK ON THE HEADLINE FOR MORE
More than 10 million square feet of industrial space is under construction in Florida, with Miami-Dade second behind Jacksonville. CLICK ON THE HEADLINE FOR MORE