Pattillo Industrial Real Estate announced Nov. 11 it will develop a 1.5 million-square-foot industrial complex, Wildlight Commerce Park, in the Wildlight mixed-use, master-planned community at northeast Interstate 95 and Florida A1A/200 in Nassau County.
Pattillo hopes for permit approvals by the third quarter for its first three buildings, totaling 261,600 square feet of space. The first is anticipated to be ready for occupancy in spring 2024.
Peter Anderson, vice president of New Investments, said Pattillo will evaluate the market to decide whether to start work on one or all three.
The first three buildings are closest to Florida A1A. The latest conceptual site plan shows 12 total buildings.
Wildlight Commerce Park is being developed by Raydient Places + Properties, a subsidiary of real estate investment trust Rayonier Inc.
Atlanta-based Pattillo and Rayonier said Wildlight Commerce Park is designed for light manufacturing, logistics, offices, laboratories and warehousing needs from 5,000 to 500,000 square feet.
“We are looking forward to this park advancing one of the core goals of Wildlight, which is a positive economic impact and job growth for the residents of Nassau County,” Wildlight Vice President Wes Hinton said.
Wildlight Commerce Park will be built over 10 years.
The industrial park is a 165-acre expansion within the initial phase of Wildlight that consists of 2,900 acres, a mix of residential homesites, multifamily apartments, a town center, schools, and UF Health and YMCA health and wellness facilities already in place.