Zion Jacksonville LLC now has applied for four permits for speculative warehouses at its Eastport Road property in North Jacksonville where InLight Real Estate Partners intends to develop the first phase of the proposed Eastport Logistics Park.
New York-based Zion Jacksonville applied for permits Oct. 18, Oct. 31 and Nov. 4 for the structures at 10145 Eastport Road at a total estimated project cost of $37.9 million.
The first four speculative warehouses will comprise 889,086 square feet.
Buildings One and Two are 312,278 square feet each and Buildings Three and Four are 132,265 square feet.
Ponte Vedra Beach-based InLight Real Estate Partners intends to develop the buildings as it buys 137 acres from Zion Jacksonville for development of an industrial park.
The site is east of Eastport Road south of its intersection with Faye Road.
The Conlan Co. of Jacksonville is the contractor. Randall Paulson Architects of Roswell, Georgia, is the architect.
The structures appear to be potential multitenant warehouses on 20.52 acres.
The estimated project cost is $10.757 million each for Buildings One and Three; $10.75 million for Building Two; and almost $5.64 million for Building Four.
Costs can be adjusted as permits are reviewed.
ESC Florida LLC is shown as the private provider firm for plan review for all four as it submits the permits to the city.
Seven buildings planned
InLight Real Estate Partners confirmed June 26 that it intends to buy the property to start construction on four to seven industrial buildings on Parcels 3A and 3B, shown among two phases, totaling 1.84 million square feet of warehouse space.
Zion Jacksonville LLC applied to the city Oct. 24 for permit review to clear 138 acres at an estimated project cost of $20 million where it is laying the groundwork for the industrial park.
Infrastructure contractor Phillips and Jordan Inc., based in Knoxville, Tennessee, is shown as the agent for the project for Parcels 3A and 3B, called the first phase.
The project is for clearing, installation of site utilities, roadways and building pads to construct future buildings.
Zion Jacksonville LLC and civil engineer Prosser Prime AE have asked city utility JEA to determine the water flow connections along the proposed “Zion Parcel 3 Spine Road” for future parcel connections.
The road will connect to the property that InLight Real Estate Partners intends to develop.
A site plan shows the road will connect from Eastport Road and will run east to open up access to proposed Parcels 3A and 3B to the north and Parcels 4 and 5 to the south.
The city approved civil engineering plans June 13 for a first phase of four buildings.
InLight Real Estate Partners submitted those plans to the city May 3 for four warehouse distribution buildings comprising 884,000 square feet at the site in one phase.
The other phase woud comprise three buildings or possibly the large build-to-suit.
In another step toward development, the St. Johns River Water Management District issued a permit Oct. 29 to Mark Zion in Yorktown Heights, New York, to authorize a surface water management on 136.81 acres for an industrial warehouse storage facility and infrastructure. The permit is for mass grading of Zion Parcel 3A/3B.
Marketing
The Colliers commercial real estate firm is marketing the site as Eastport Logistics Park. A Colliers brochure says the park will start delivering buildings in the second quarter of 2025, meaning there will be space available then for tenant build-out.
Colliers executives Guy Preston, Seda Preston and Jack Heed are the landlord representatives for InLight.
The brochure says building sizes are available from 131,040 to 310,960 square feet. Flexible suite sizes start at 25,000 square feet.
There also is an option for a build-to-suit up to 687,700 square feet of space on the land along a CSX rail line.
More connections
The proposed Zion Parcel 3 Spine Road is designed for future parcel connections.
The spine road also appears to connect at Eastport Road where DHL Supply Chain is developing a logistics center on the west side.
Zion Jacksonville LLC sold almost 50 acres Nov. 28 on the opposite side of Eastport Road to a company affiliated with DHL Supply Chain to develop an almost 400,000-square-foot, $64 million logistics and distribution center.
Warehouse use topping 8 million square feet
Yorktown Heights, New York-based Zion Jacksonville LLC owns more than 700 acres in North Jacksonville.
It is positioning its land as a master development of potentially more than 8 million square feet of warehouse use.
It has owned at least 900 acres and has been selling and deeding parcels, especially in the past year.
Property records show that Zion bought the land in 1986.
Industry experts have said that after family leader Abraham Zion died eight years ago, the Zion family has been organizing in a long-term move to position the property to sell the land.
