Ground breaks on 40-acre industrial park in Manatee County

cliggittvaluation • Oct 05, 2022

40-Acre Industrial Park coming to Manatee County

Atlanta’s Stonemont Financial Group and Illinois based LandMarks Group Cos. have broken ground on a 40-acre industrial park in Manatee County. The park will include three buildings which will provide manufacturing, warehouse, and distribution space. The development will total 427,000 SF and is located at 830 17th St. E in north Manatee County. Along with the Manatee County industrial park, Stonemont has also acquired property in Lakeland and Pasco County. The Lakeland site will include 4 buildings and will be more than 900,000 SF. The Pasco site will total just over 315,000 SF. The first building of the Manatee County site is expected to be complete in early 2023.

The image above (taken from Manatee County Property Appraiser), shows the parcel the industrial park is currently being built on. The developers website provides more information on the location, gives park highlights, and contact information for anyone interested in leasing space in the park.

The Palmetto Industrial Park will have a 2023 quarter 3 expected delivery date (as per developer information). I-75 and I-275 are both located within 5 miles of the site, allowing easy access to Tampa, South Florida, and Lakeland.

For more information regarding the Manatee County Market or for analysis and valuation services contact:


Mike Cliggitt, MAI, MRICS, CCIM


813-405-1705 - Direct Line


findvalue@cliggitt.com


Office Appraiser Tampa Florida


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