THURSDAY August 16, 2018
Cawton Report: Vestcor president on project planned for Brooklyn
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WHAT’S BEHIND THEDaily Record TRAFFIC MESS JACKSONVILLE
Warehouse planned for West Jacksonville
Georgia-based company plans to build 400,000-square-foot speculative facility near Westside Industrial Park.
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BY KAREN BRUNE MATHIS EDITOR
looks like lengthy parking lots. The executive officer of the Northeast Florida Builders Association gets up before the sun rises and is on the road by 5:30 a.m. every weekday to avoid the peak congestion hours. “If I wait and leave, I'm stuck on I-10 with tens of thousands of people sitting bumper-tobumper,” Bill Garrison said. Which raises the question: Why is traffic so
A Georgia-based warehouse developer wants to build about 400,000 square feet of space in West Jacksonville. “Warehouse space overall in Jacksonville is at an all-time low vacancy rate,” said Brian Cooper, Warehouse Rentals director of real estate. Valdosta-based Warehouse Rentals has a contract to buy 50.1 acres at southeast Imeson and Pritchard roads, near Westside Industrial Park. Cooper said the company is working through permitting for the site. He said Warehouse Rentals wants to buy the land by early next year and break ground after the sale. Cooper said plans are to build speculative warehouse space to lease to tenants needing from 20,000 to more than 100,000 square feet of space. The city calculated a mobility fee of $169,187 for the project. Plans show two multitenant buildings east of Imeson Road comprising 219,375 and 192,500 square feet. Tenant sizes are indicated to range from 21,875 to 135,000 square feet. Cooper said that total of 411,875 square feet likely will be reduced closer to 400,000 square feet. “That’s a good start,” he said. Warehouse Rentals will gauge
SEE TRAFFIC, PAGE 8
SEE WAREHOUSE, PAGE 9
JACKSONVILLE
Photo by Jay Schlichter
Northeast Florida Builders Association Executive Officer Bill Garrison leaves for work at 5:30 a.m. to beat the traffic on his commute to Duval County from Clay.
Who is responsible for clogging Duval’s roads? Many are commuters from the surrounding counties.
BY JAY SCHLICHTER ASSOCIATE EDITOR
D
rivers who travel along Jacksonville’s main highways during the morning and afternoon rush hours know the struggle. Whether it’s via Interstate 95, 295, 10 or another major thoroughfare, vehicles often crawl at a few miles per hour rather than travel at or above the posted speed limits, creating what
THE BASCH REPORT
Cannae-led group in deal to buy Dun & Bradstreet Plus: CSX decentralizes. PAGE 6 VOLUME 105, NO. 192 • TWO SECTIONS