In North Jacksonville, a nearly 3.8 million square foot industrial park is under consideration across more than 800 acres.
The St. Johns River Water Management District is reviewing a Nov. 3 environmental resource permit application for the 811-acre Arnold Road Industrial Park by private equity development firm Saxum Real Estate, which is also completing a cold storage facility on the North. . Jacksonville.
The city is considering the civil engineering plan submitted on November 2nd.
Saxum has offices in Summit, New Jersey. Austin, Texas. And Atlanta.
England-Thims & Miller Inc., based in Jacksonville, is a civil engineer. His ESC Florida LLC in Jacksonville is a geotechnical engineer.
Plans show 10 buildings ranging from 126,080 square feet to 1,061,760 square feet.
Saxum said in emails and statements since Jan. 24 that it is working on the project with KABR Group, a private equity real estate firm based in Ridgefield Park, New Jersey.
Saxum registered Arnold Road PropCo LLC with the state in November 2022.
Saxum, through Arnold Road Propco LLC, paid about $14.5 million on Dec. 9 for two parcels at Arnold Road and Gold Star Parkway.
The land was purchased from Lawrence Street LLC in Ponte Vedra Beach.
The site is north of Jacksonville International Airport and west of Interstate 95, approximately 5 miles west of its intersection with Pecan Park Road.
Saxum said the property benefits from access and proximity to Interstate 95, the airport and the Jacksonville Port Authority terminal.
“Saxam and KABR have identified several options for developable portions of the property, including industrial uses, to support continued container volume growth at JAXPORT and increased cargo focus at Jacksonville International Airport. “We are considering the matter,” Saxam’s statement said in January.
“This project is planned to address the undersupply of new Class A industrial space needed to support the significant growth in logistics demand in the market.”
Saxum said the property’s zoning allows for uses permitted under a 2009 planned unit development.
“We have engaged several consultants, including civil engineers, to evaluate several different layouts and options for the site,” the company said.
On June 8, 2023, the Jacksonville Planning Commission approved minor changes to the PUD to amend the parking and bicycle ratios and replace the site plan.
Jacksonville-based Driver, McAfee, Hawthorne & Diebenow law firm represented him.
Parking analysis references Baron Land Industrial Center PUD.
“We closed on this property in December and are working on a long-term vision for the site that aligns with the PUD industrial zone currently in place,” Saxum Principal Matthew Wassell said in an email Jan. 24. Ta.
Arnold Road PropCo is led by President Anthony Rinaldi, founder and managing principal of Saxum.
Saxum is currently developing a 334,022 square foot refrigerated space and refrigeration facility at Imson International Industrial Park in North Jacksonville.