Central Florida Development to Build County Line Commerce Center in Plant City
January 27, 2015
PLANT CITY, Fla. / Central Florida Development (CFD), a full service real estate development and property management company, today announced plans for the construction of County Line Commerce Center, a 28 acre development that will include a 100,000 square foot speculative building with ample parking for cars and trucks, three other buildings totaling 165,000 square feet, and two parcels for retail or restaurant use. The spec building, which can accommodate occupants from 15,000-100,000 square feet, is suitable for warehouse, manufacturing, or office use. The project is expected to generate up to $20 million in capital investment.
“We’re excited to begin construction on the speculative building at County Line Commerce Center,” said Richard LeFrois, Central Florida Development President. “There is increased demand in the market and industrial users have expressed interest in moving to newer, more efficient buildings. We are confident that this area will be very attractive to companies looking to capitalize on its unrivaled transportation infrastructure, quality workforce, and pro-business attitude, and look forward to working with the City of Plant City and the Tampa Hillsborough Economic Development Corporation to bring more jobs to the area.”
The spec building at County Line Commerce Center will be the first to be built in Plant City in many years. The development’s two retail/restaurant sites will fill a void that exists in the County Line Road corridor, and provide jobs, shopping and entertainment options for people who live and work in Plant City.
“The construction of County Line Commerce Center is a major win for the residents and business community in Plant City,” said Plant City Mayor Rick Lott. “Thanks to our strong business climate and attractiveness as a top manufacturing and distribution center, the demand for new developments like this one has grown. Central Florida Development’s decision to invest and build in Plant City is great news and will fuel industrial, retail, and restaurant business expansion along County Line Road.”
County Line Commerce Center, located a half mile south of Interstate 4 on County Line Road in Plant City, is expected to be ready for occupancy beginning June 2015. Future plans for the site include an additional 165,000 square feet of industrial, flex, or office buildings.
“The development of County Line Commerce Center is terrific news and will spur even greater investment and business activity in eastern Hillsborough County,” said the Hon. Sandy Murman, Chair of the Hillsborough County Board of County Commissioners. “Plant City’s central location on the I-4 corridor, its competitive business environment and family friendly communities are making it one of the most attractive destinations in Florida for companies to relocate and expand. We look forward to seeing how this new project will shape future commercial development here.”
“Plant City and eastern Hillsborough County have emerged as manufacturing and distribution powerhouses, driving major economic growth in our region,” said Dr. Ronald Vaughn, Chair of the Tampa Hillsborough Economic Development Corporation and President of the University of Tampa. “Our strong partnership with the City of Plant City and the dedicated resources we’ve committed to identifying new opportunities for the attraction, expansion, and retention of jobs there is bearing significant fruit.”
About the Tampa Hillsborough Economic Development Corporation:
The Tampa Hillsborough Economic Development Corporation is the lead economic development agency for Hillsborough County and the cities of Tampa, Plant City, and Temple Terrace. Established in 2009 as a partnership between the public sector and private corporate investors, the EDC works to develop and sustain a thriving local economy through the attraction, retention and expansion of high wage jobs and capital investment within targeted industry sectors. Working with C-level executives, site selection consultants, commercial real estate professionals, and other influential decision makers, the EDC provides customized, confidential relocation services to domestic and international companies interested in growing within Hillsborough County. Locally, the EDC helps existing businesses access the tools and resources they need to succeed, now and in the future.
About Central Florida Development:
Central Florida Development (CFD) is a full service real estate development and property management company, acquiring and developing industrial and office buildings while also serving as the General Contractor. CFD also serves as its own property manager, and complements its in-house leasing expertise with third-party broker representation, creating a unique ‘single point of contact’ for its customers.
For more information, please contact Jeff Lucas at firstname.lastname@example.org.