Located adjacent to Bolton Field, completion of the speculative building is expected by second quarter of 2023.
VanTrust recently broke ground on a speculative project known as Bolton One, at the corner of Alkire Road and Norton Road, adjacent to Bolton Field Airport, in Columbus. The proposed warehouse is unrelated to the airport and will not be intended for airport use. It will encompass a 332,515-square-foot building set on 24.52 acres and contain 33 dock door locations with a 32-foot clear height. The project will benefit from a 10-year, seventy-five percent enterprise tax abatement, and is expected to be completed by the second quarter of 2023.
“This area of Columbus has been overlooked far too long, and we believe it is an ideal location for industrial development because of its close proximity to highway access, surrounding amenities for future employees and an available labor force,” said Brice Harrison, director of development at VanTrust. “We are looking forward to getting this land in production and, while only one building is planned at this time, we have plenty of room for a second, build-to-suit opportunity on the site, as well.”
Columbus Mayor Andrew Ginther voiced his enthusiasm for the project. “VanTrust is a leading developer in our region, with numerous ongoing projects. Its commitment to move forward with this exciting development on the west side of Columbus is further evidence that the City’s investments in infrastructure, work force and economic development are paying off.”
The speculative warehouse is being built on excess acreage not currently in use and made available to VanTrust for development by the Columbus Regional Airport Authority (CRAA).
The general contractor for the project is Pepper Construction. RED Architecture is the design partner, with Mile Hurd and Beau Taggart of Cushman Wakefield serving as Landlord Representatives.
VanTrust recently completed the construction of the fourth building at Tropical Distribution Center. Tropical IV is a 246,400-square-foot, Class A, industrial building with convenient access to Interstate 15 and 215 via Tropical Parkway. It is part of the 120-acre Tropical Distribution Center, a 1.6-million-square-foot, multi-building industrial park in North Las Vegas with national tenants, including …
The city approved a permit last week for Brasfield & Gorrie to build the foundation for Town Center Two at 5335 Gate Parkway at a project cost of $18 million. VanTrust Real Estate is developing the six-story, 217,877-square-foot building for lease to Jacksonville-based Web.com Group Inc., which will relocate its headquarters from Flagler Center to …
The aviation authority that runs Tampa International Airport is selecting a developer to build a 270,000-square-foot office building at the airport. Airport officials plan to select a developer for the office development, estimated to cost $122 million, from among three finalists: Lincoln Property Co. in Dallas, Jacksonville-based VanTrust Real Estate LLC and Orlando-based BTV Aviation …
VanTrust Breaks Ground on New Project in Columbus
Located adjacent to Bolton Field, completion of the speculative building is expected by second quarter of 2023.
VanTrust recently broke ground on a speculative project known as Bolton One, at the corner of Alkire Road and Norton Road, adjacent to Bolton Field Airport, in Columbus. The proposed warehouse is unrelated to the airport and will not be intended for airport use. It will encompass a 332,515-square-foot building set on 24.52 acres and contain 33 dock door locations with a 32-foot clear height. The project will benefit from a 10-year, seventy-five percent enterprise tax abatement, and is expected to be completed by the second quarter of 2023.
“This area of Columbus has been overlooked far too long, and we believe it is an ideal location for industrial development because of its close proximity to highway access, surrounding amenities for future employees and an available labor force,” said Brice Harrison, director of development at VanTrust. “We are looking forward to getting this land in production and, while only one building is planned at this time, we have plenty of room for a second, build-to-suit opportunity on the site, as well.”
Columbus Mayor Andrew Ginther voiced his enthusiasm for the project. “VanTrust is a leading developer in our region, with numerous ongoing projects. Its commitment to move forward with this exciting development on the west side of Columbus is further evidence that the City’s investments in infrastructure, work force and economic development are paying off.”
The speculative warehouse is being built on excess acreage not currently in use and made available to VanTrust for development by the Columbus Regional Airport Authority (CRAA).
The general contractor for the project is Pepper Construction. RED Architecture is the design partner, with Mile Hurd and Beau Taggart of Cushman Wakefield serving as Landlord Representatives.
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