An impressive project is underway in North Jacksonville, as Saxum Real Estate, a renowned investment and development firm, is pursuing the establishment of the Arnold Road Industrial Park. Spanning over an expansive 811-acre area, this ambitious development has caught the attention of the St. Johns River Water Management District, which is currently reviewing Saxum’s environmental resource permit application. If approved, this industrial park has the potential to revolutionize the region’s industrial landscape.
Saxum Real Estate, with offices in Summit, New Jersey; Austin, Texas; and Atlanta, is collaborating with KABR Group, a private equity real estate firm based in Ridgefield Park, New Jersey, to bring the Arnold Road Industrial Park to life. This partnership demonstrates the commitment and expertise of both organizations, as they strive to address the growing demand for logistics and industrial facilities in the market.
With plans showcasing 10 diverse buildings ranging from 126,080 to an astounding 1,061,760 square feet, the Arnold Road Industrial Park aims to fulfill the pressing need for new, Class A industrial space in the area. The strategic location of the park, situated near the Jacksonville International Airport and in close proximity to Interstate 95, ensures easy access to transportation hubs and Jacksonville Port Authority terminals. This advantageous positioning will bolster container volume at JAXPORT and support the heightened focus on freight at the Jacksonville International Airport.
As Saxum Principal Matthew Wassel highlighted, “We closed on this land in December, and are working through our long-term vision for the site, which will align with the in-place PUD Industrial Zoning.” Saxum’s commitment to adhering to the approved planned unit development (PUD) zoning regulations ensures a harmonious integration with the existing industrial framework.
Q: Who is behind the development of the Arnold Road Industrial Park?
A: Saxum Real Estate, in collaboration with KABR Group, is leading the development of the Arnold Road Industrial Park.
Q: What are the key features of the Arnold Road Industrial Park?
A: The park will encompass 811 acres and consist of 10 buildings ranging in size from 126,080 to 1,061,760 square feet.
Q: What advantages does the location of the Arnold Road Industrial Park offer?
A: The park’s strategic positioning near the Jacksonville International Airport, Interstate 95, and Jacksonville Port Authority terminals ensures easy accessibility for transportation and supports the region’s logistics and freight growth.
Q: How will the Arnold Road Industrial Park meet the industrial demand in the market?
A: The park will provide much-needed Class A industrial space to address the current undersupply and support the significant growth of logistics demand in the market.
Q: What is Saxum’s approach to the development process?
A: Saxum prioritizes aligning its long-term vision for the site with the approved PUD Industrial Zoning to ensure a seamless integration within the existing industrial framework.