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Eco-friendly Industrial Park Headed to Osceola


By Dan Ping
Orlando Business Journal
July 11, 2008


A land owner who previously tried to get approval to build a controversial
concrete plant in south Osceola County now wants to develop a $75 million,
1.2 million-square-foot industrial park there.

The project, dubbed the Yeehaw Transportation & Distribution Center, would
go on a 430-acre site in Yeehaw Junction -- a rural outpost in south
Osceola County where State Road 60, U.S. Highway 441 and Florida's
Turnpike converge.

Land owner Dan Shalloway says he's finalizing preliminary design plans on
the project and will submit them to Osceola County for approval by late summer.

Construction on the project wouldn't start before spring 2009. Shalloway
doesn't expect the project to be completed until 2015. "The buildings will
go up as tenants commit."

CB Richard Ellis Vice President Kevin Hoover, a local broker specializing
in industrial real estate who has no involvement in the project, expects
it to attract plenty of tenants due to its location. There are 7 million
people within a 100-mile radius of Yeehaw Junction, Hoover says, making it
ideal as a distribution hub for retailers, suppliers and light
manufacturing companies.

Shalloway plans to make the project a green industrial park, seeking the
U.S. Green Building Council's Leadership in Energy and Environmental
Design (LEED) certification. Competitor Narcoossee Warehouse Park LLC
announced plans in April to also build an eco-friendly industrial park --
that one slated to open in early 2009 on 10 acres in southeast Orlando.
The Yeehaw Transportation & Distribution Center site will feature native
plants, and sewage will be treated on-site, with the effluent reused for
irrigation, flushing toilets and washing semi-trailer trucks at a proposed
50,000-square-foot truck stop.

Lease rates and the size, shape and layout of the buildings have not been finalized.

Randy Johnson, chief operating officer for Destiny -- a 40-square-mile
project adjacent to Yeehaw Junction that's being billed as America's first
sustainable city -- believes the project would be a good complement to his community.

Destiny will have its own power plants that use renewable energy sources
and recycled water systems and will be a community that can sustain itself
without outside resources, says Johnson, who opposed Shalloway's plans to
build the concrete plant due to the potential environment effects.

"The idea of a sustainable industrial park sounds like a great idea," says
Johnson, a former state representative. "If it comes to fruition, it will be a great addition."

 

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