Planned Tech Park Promises To Bring 1.5 Million Square Feet Of Warehouse Space To DeLand

An Indianapolis-based developer is gearing up to bring DeLand a 142-acre tech park with restaurants, retailers, and 1.5 million square feet of industrial space.

Harry “Mac” McNaught with Denison Properties, Inc is developing a plan that calls for the construction of distribution centers, light industrial warehouses, and 240,000 square feet of commercial/ retail space. The conceptual plan shows a grocery-anchored shopping center with retail parcels along Dr. Martin Luther King Jr. Parkway and S.R. 472. The industrial section consists of two cross-dock warehouses that are closer to the interstate.

DeLand commissioner Charles Paiva said he’s excited to finally see a job-generating project come forward for the city’s segment of the now-defunct activity center.

“Obviously we’ve had a very large growth of single-family so obviously what we need to do to buffer that and have a good balance is to increase industrial, increase manufacturing, and increase commercial which this accomplishes,” he said. “Overall, I’m just super excited.”

The development team plans to build a spine road, called Kirk Drive, that would run through the center of the project between S.R. 472 to Cassadaga Road, according to site plans by engineering firm VHB. The industrial development would go to the east of this road, along I-4, while the property to the west would be reserved for restaurants, grocery stores, hotels, offices, and other commercial uses, according to conceptual plans.

Parcel 1 of DeLand Tech Park is 90.45 acres in size and will consist of 1.5 million square feet of industrial space while parcel 2 is 38.54 acres in size and will consist of 130,000 square feet of commercial space, according to a city staff report about the project. Parcel 3 is 14.25 acres in size and will consist of 110,000 square feet of commercial space.

The project is broken up into 3 phases: phase 1 includes the northern portion of Parcel 1 and Parcel 2; phase 2 includes Parcel 3; and phase 4 is the southern portion of Parcel 1.

Source:  GrowthSpotter