A month after breaking ground on its new Trinity Industrial Park in Kissimmee, Hanover Land Company has filed construction plans for a new speculative warehouse in Groveland.
Hanover and general contractor Arco Murray submitted plans to the St. Johns River Water Management District for Hanover American Way, a proposed 420,000-square-foot cross dock facility across the street from the new $125 million Kroger-Ocado distribution center. The warehouse with 36-foot clearance would rise on 9.75 acres in the Christopher C. Ford Commerce Park, near the U.S. 27 intersection at State Road 19 and about a mile from the Florida’s Turnpike.
“This is one of the last pieces in the Ford Commerce Park,” Hanover Vice President Matt Orosz said. He told GrowthSpotter that Hanover is scheduled to close next week on the project, which continues the company’s diversification strategy. The Trinity project covers 28 acres and includes two spec warehouse facilities in Phase 1 that have a combined 125,000 square feet of spec industrial space. C4 Architecture led the design for both projects.
Nearby, Seefried Industrial partnering with Fortress Investment Group this summer to purchase about 48 acres on Independence Parkway for $4.8 million. According to a lease agreement filed in Lake County, the tenant will be Amazon.
The e-commerce giant signed a long-term lease with right of first refusal starting in July of 2021, when the facility is scheduled to be complete. Records show Amazon has the option to extend or renew the term of the lease for five successive terms of five years each.
Seefried Industrial is building a roughly 200,000-square-foot warehouse under the project name, DFL8 - Groveland Last Mile.
Other companies in the commerce park include Dunkin Donuts Distribution, Niagara Water Bottling Company, Domino’s Distribution, and Metals USA.