Frampton Construction Company, LLC has started work on Sunlake Business Center, a two-building industrial development in Tampa, Fla. Stonemont Financial Group, a privately held real estate investment firm, is developing the project.
Totaling 361,000 square feet, the two rear-load facilities will be constructed of concrete tilt walls and a structural steel frame. Building one will measure 190,000 square feet, with 32-foot clear heights, 57 dock doors, and 309 parking spots. Building two will be 171,000 square feet, with 32-foot clear heights, 51 dock doors, and 231 parking spaces. The layout includes dedicated storefront office space at the two front corners of each building.
Located on State Road 54, Sunlake Business Center provides easy access to Suncoast Parkway, Highway 41, and I-75. Tampa’s airport, central business district, and the Port of Tampa are all located within a 30-minute drive of the park.
“We are excited to break ground on another speculative project in the Central Florida market. The Tampa metropolitan area has benefited from unsurpassed absorption, yielding a record low vacancy rate. We expect this to be a successful project, thanks to all of our partners, including Frampton Construction and JLL,” said Avery Dorr, vice president at Stonemont Financial Group.
The scope of work also includes performing sitework and adding infrastructure on 9.7 acres of adjacent land to create two pad-ready sites for future development. Ware Malcomb completed the design for the building. Kimley Horn and Associates is the civil engineer on the project, and DDA Engineers is the structural engineer. Construction is expected to conclude in April of 2023.