Looks like a Florida-based real estate investment trust has plans to put a 4-million-square-foot industrial park on about 995 acres in North Jacksonville.
BKJ Development Partners LLC, which is affiliated with Benderson Development Co. in University Park, turned in an application to change the property's land use to the Jacksonville Planning and Development Department last week. That application will have to go through a process of hearings, for final decision in March 2008. The deadline to turn in the application for that March hearing was Aug. 1.
The property is undeveloped and owned by Bacardi Bottling Corp. It is sandwiched between Interstate 95 and U.S. 17, from Pecan Park Road north to near Yellow Bluff Road.
According to the proposal, the developer wants to put 4 million square feet of industrial space (equivalent to about four Avenues malls); 599,000 square feet of office space; 550,000 square feet of stores; 525 apartments or condos; and 115 hotel rooms on the site.
The project is being called the "Pecan Park Regional Activity Center." In the application, the developer says the project will create jobs for employees in Duval, Nassau and Baker counties, as well as southern Georgia, which is about 40 minutes north of the site. The developer says the site's proximity to the airport and Blount Island and Dames Point marine terminals should make it attractive to potential tenants.