Latest Breaking News On - Red rock development - Page 1 : vimarsana.com
Just two years ago, Red Rock Developments broke ground on a 617,000-square-foot spec warehouse in the Ocala/Marion County Commerce Park, located just east of Interstate 75 off Northwest 35th Street.
It was one of Red Rock’s first spec projects, and its first in Florida. Spec, short for speculation, means the company invests millions of dollars to build a facility before a buyer, or tenant, has been identified.
Soon after Red Rock took that chance, Amazon came calling. Now Red Rock has decided to gamble again. The plan is to add 1.5 million square feet of warehouse space, part of the 5 million square feet area officials say will be built by next spring.
MiamiFloridaUnited-statesCity-of-ocalaMarion-countyTampaNorth-carolinaOrlandoJohn-barkerOcala-marionKevin-sheilleyJoe-callahan-ocalaDeveloper buys 54 acres in Meadowville Tech Park to build huge warehouse
March 16, 2021
A rendering of Red Rock Development’s upcoming $20 million industrial facility, which it plans to build on land it recently purchased at Meadowville Technology Park in Chesterfield County. (
Images courtesy of Chesterfield County Economic Development)
Another chunk of Meadowville Technology Park has been sold off, this time to a developer that plans to build a sizable new industrial building on spec.
Red Rock Development out of Columbia, South Carolina, bought about 54 acres in the park for $3.2 million from the Chesterfield Economic Development Authority in a deal that closed Friday.
MeadowvilleVirginiaUnited-statesSouth-carolinaRed-rockConnecticutWestportCaliforniaChesterfield-countyRichmondGraham-stoneburnerJohn-barker