Park 295 wants to start construction on second warehouse

The city is reviewing a permit for the 394,300-square-foot Building C.


NorthPoint Development is preparing to develop Building C, its second structure at Park 295.
NorthPoint Development is preparing to develop Building C, its second structure at Park 295.
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With Building B completed, NorthPoint Development applied to the city to start work on its next speculative warehouse at Park 295  Industrial Park.

The city is reviewing a permit application for the foundation for Building C, a 394,277-square-foot multitenant distribution center at 2737 Ignition Drive, next to the first structure.

James R. Vannoy & Sons Construction Co. Inc. of Jefferson, North Carolina, is shown as the contractor for the foundation/slab at a cost of $2 million.

The city issued a permit March 9 to clear the 23.49-acre site. A site brochure says it will be completed in the fourth quarter.

NP Jacksonville Industrial LLC, part of Riverside, Missouri-based NorthPoint, is the property owner. Kimley-Horn and Associates Inc. is the civil engineer.

Park 295 is at southwest Interstate 295 and Duval Road in Northwest Jacksonville.

Medical supplies distributor Sarnova, power company APR Energy, Ulta Beauty Inc. and Quiet 3PF leased the 552,634-square-foot Building B at 2619 Ignition Drive.

Through NP Jacksonville Industrial LLC, NorthPoint paid almost $4.77 million in August 2018 for about 175 acres to develop the five-building project, totaling almost 1.8 million square feet of Class A industrial space.

Newmark Phoenix Realty Group handles leasing.


 

 

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