With site work underway, developer Hillwood has applied for a permit to build the speculative Building E at AllianceFlorida at Cecil Commerce Center at an estimated job cost of almost $34.96 million.
Hillwood Construction Services L.P. Of Dallas is listed as the contractor for the 603,529-square-foot warehouse on 45 acres at 5550 POW-MIA Memorial Parkway in the West Jacksonville business park.
The building site is at northwest POW-MIA Memorial Parkway and Finger Lake Street. It is north of the Florida State College at Jacksonville Cecil Center.
Hillwood started site work in August and intends to launch vertical construction in the first quarter of 2025.
The city issued a site-clearing permit Aug. 23 for the project at a job cost of almost $12.1 million.
Site preparation contractor Morgan Corp. of Duncan, South Carolina, is the contractor on that permit.
Executive Vice President Dan Tatsch said Sept. 12 that the developer has one prospect but could not discuss it. He said the building is suited for a single tenant but can be subdivided.
Hillwood is the city’s master developer at the West Jacksonville industrial park.
Cecil Commerce Center is generally between Interstate 10 and Normandy Boulevard, with some property south of Normandy, on both sides of the parkway. It is west of Interstate 295.
Tatsch expects Building E to be completed by Sept. 1, 2025. It is designed as a cross-dock facility.
Cross-docking is a logistics practice of unloading products from an incoming truck and immediately reloading into outbound trucks or trailers.
Tatsch and Hillwood Senior Associate Brennen Clifford represent the project.
The city is the property owner. Dallas-based Hillwood is the operator.
BGE Inc. in Jacksonville is the civil engineer. SES Environmental Resource Solutions LLC of Jacksonville is the environmental consultant.
The city’s master development agreement calls for Hillwood to build-out AllianceFlorida on about 4,499 acres of city property, the former Naval Air Station Cecil Field, off Normandy Boulevard and 103rd Street in West Jacksonville.
That agreement is designed for the city to share in the profits. As the master developer, Hillwood typically secures the tenant, buys the land from the city, develops the project and then sells it, sharing the proceeds with the city.
Tatsch said in January 2024 that Hillwood has developed about 3.225 million square feet at AllianceFlorida.
That includes the two 1 million-square-foot centers for online retailers Amazon.com on about 86.5 acres and home-furnishings company Wayfair on 80 acres.