An Orlando-based development group is proposing to build a new industrial park next to Orlando International Airport.
La Rua Development, an investment vehicle led by local flex-industrial developer Ana Maria Morgado, just filed an engineering application with the South Florida Water Management District to build more than 82,000 square feet of flex industrial space.
The project, dubbed Boggy Creek Industrial Park, will consist of eight warehouse buildings on roughly 18 acres of land at 9197 Boggy Creek Road.
Jorge Perez, a partner of the development team, said the project will be built in phases, the first of which will feature two 12,000-square-foot warehouse buildings fronting Boggy Creek Road.
Insight on the South American development group that has built here before, and the Brazilian seller whose national currency prompted divestment.
By Patricia Letakis and Bob Moser
Jun 08, 2018 at 5:27 PM
She teamed up with developers Mariana Rivas and Manuel Morgado on the Orangewood Business Park in south Orlando. The business park features 138,450 square feet of flex-industrial space across eight buildings and was built in phases between 2008 and 2013.
The new property has been previously approved by the city for up to 148,000 square feet of industrial use.
Its previous owner, Blue Land Group, led by Brazilian developer Thiago E. Bonfim Nagumo, intended to develop the site for flex-industrial space, but plans fell through.