Eastgroup may build on 55 acres of Calder property

The developer would put 850,000 square feet of warehouses where stables once stood

TRD MIAMI /
Oct.October 23, 2016 09:15 AM

The Miami Gardens City Council on Wednesday will consider a rezoning proposal to propel construction of a light industrial park on part of the Calder Casino and Race Course property.

Jackson, Mississippi-based Eastgroup Properties plans to purchase 55 acres of the 231.7-acre Calder property at 21001 Northwest 27 Avenue in Miami Gardens for construction of an 850,000-square-foot light industrial park.

The 55 acres are located on the east side of the Calder property along Florida’s Turnpike, near Hard Rock Stadium.

The South Florida Business Journal also reported that Calder’s owner tore down stables on the east side of the property after moving its thoroughbred races to Gulfstream Park in Hallandale in 2014 to concentrate on its casino operations.

Eastgroup applied to the city of Miami Gardens to build a multi-tenant complex of distribution warehouses and a commerce center. Greenspoon Marder attorney Steven Wherry is representing Eastgroup.

A New York Stock Exchange company traded under stock ticker symbol EGP, Eastgroup owns seven South Florida commercial parks. [South Florida Business Journal] Mike Seemuth


Related Articles

arrow_forward_ios
Core Investment Properties Fund’s Adam Greenberg and Michael Lapointe with 16101 Northwest 57th Avenue (Credit: Google Maps)

Rand Real Estate sells four properties in Miami Gardens for $34M

Rand Real Estate sells four properties in Miami Gardens for $34M
Gilbert Benhamou and the property (Credit: LinkedIn and Google Maps)

Immocorp Capital pays $15M for site of Miami Gardens City Center

Immocorp Capital pays $15M for site of Miami Gardens City Center
Hard Rock Stadium (Credit: Getty Images, iStock)

Why Super Bowl LIV could spark interest in Miami Gardens real estate

Why Super Bowl LIV could spark interest in Miami Gardens real estate
The Center at Miami Gardens (Credit: iStock)

Latigo Group scores $50M loan for Miami Gardens apartments

Latigo Group scores $50M loan for Miami Gardens apartments
Daily Digest Miami

Scaramucci slashes his sights on his Opportunity Zone fund, Florida’s first LGBTQ+ senior housing development breaks ground: Daily digest

Scaramucci slashes his sights on his Opportunity Zone fund, Florida’s first LGBTQ+ senior housing development breaks ground: Daily digest
1000 Park Centre Boulevard, Joe Le Bas

Miami Gardens commercial site sells for $19M

Miami Gardens commercial site sells for $19M
Daily Digest Miami

Aston Martin condo tower adds superyacht marina amenity, Sapir wants to sell Edgewater site: Daily digest

Aston Martin condo tower adds superyacht marina amenity, Sapir wants to sell Edgewater site: Daily digest
Blackstone CEO Stephen A. Schwarzman and 5120 Northwest 165 Street

Blackstone buys two Miami Gardens industrial properties for $14M

Blackstone buys two Miami Gardens industrial properties for $14M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...