REAL ESTATE
MODERN-DAY LAND RUSH
4
TCBusiness.com
CITY OF PORT ST. LUCIE
High demand has led to record prices for land on which to build huge warehouses and distribution centers in the Treasure Coast. At Legacy Park in Port St. Lucie,
more than 5 million square feet are developed, or soon will be, eventually employing more than 3,000. Food service distributor Cheney Brothers held a groundbreaking
in April for its distribution center and food-service warehouse.
Region experiencing a boom in
industrial land development
There is a land rush like no one has
ever seen for large plots ripe for
industrial development on the
Treasure Coast.
Jeff Chamberlin is one of the most active
real estate professionals who deal in
the large parcels in high demand mostly
west of the heavily populated areas.
Chamberlin thinks of the 1920s political
pitch promising a “chicken in every pot” as
a sign of prosperity when he thinks of this
industrial boom.
“Here on the Treasure Coast, we’re going
to get a million-square-foot warehouse
at every I-95 interchange,” Chamberlin,
president of SLC Commercial, said.
Chamberlin’s firm brokered the land sale
for the Amazon distribution warehouse,
which Amazon calls a fulfillment center, on
110 acres at Midway Business Park on West
Midway Road near Interstate 95.
Midway and I-95 is just one of the areas
being developed for industrial sites. Others
include the Kings Highway corridor
near the Orange Avenue State Road 68
interchange with I-95 and Legacy Park at
Tradition in Port St. Lucie at Becker Road
and I-95.
There is also a booming area for industry
between the Treasure Coast Interna- >>
BY BERNIE WOODALL
/TCBusiness.com
