By Paul Brinkmann
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October 2015 | OrlandoSentinel.com By Paul Brinkmann The Titusville Logistics Center, a cargo handling facility serving Port Canaveral, broke ground Monday morning. The first building in the 320-acre complex will be a 246,000-square-foot warehouse leased by the port. The project, near Space Coast Regional Airport, is owned by Coral Gables-based real estate firm Flagler Global Logistics, a subsidiary of Florida East Coast Industries. The center is part of Port Canaveral’s ongoing push into cargo operations, which expanded significantly last month when it opened a new cargo terminal operated by Gulftainer Corp. The port will use the Titusville warehouse for its cargo customers. “The idea is that it’s a classic inland port,” said Robert Richter, VP of business development for Flagler. “There is limited land available at the port itself, and this is on a rail line. Its really a game changer to put this area on the map to attract global cargo business.” For now, the plan is to use trucks for moving cargo from the port to the logistics center. But Richter said Flagler and the port are looking at the possibilities for barge movement or a new rail connection to the port.
Transcript of By Paul Brinkmann
October 2015 | OrlandoSentinel.com
By Paul Brinkmann
The Titusville Logistics Center, a cargo handling facility serving Port Canaveral, broke ground Monday
morning. The first building in the 320-acre complex will be a 246,000-square-foot warehouse leased by the
port.
The project, near Space Coast Regional Airport, is owned by Coral Gables-based real estate firm Flagler Global
Logistics, a subsidiary of Florida East Coast Industries.
The center is part of Port Canaveral’s ongoing push into cargo operations, which expanded significantly last
month when it opened a new cargo terminal operated by Gulftainer Corp. The port will use the Titusville
warehouse for its cargo customers.
“The idea is that it’s a classic inland port,” said Robert Richter, VP of business development for Flagler. “There is
limited land available at the port itself, and this is on a rail line. Its really a game changer to put this area on the
map to attract global cargo business.”
For now, the plan is to use trucks for moving cargo from the port to the logistics center. But Richter said Flagler
and the port are looking at the possibilities for barge movement or a new rail connection to the port.
Titusville Logistics Center map - Flagler Real Estate
The port plans to purchase the building for about $11 million, and will lease space to cargo distrutors tied to its cargo operations, at a rate of about $4.50 to $5.25 per square foot. A statement from John Walsh, port CEO, said the port is negotiating with tenants now.
Eventually Flagler hopes the logistics center will be a home for manufacturers and a distribution center for land-based freight also.
Flagler is in the process of picking a general contractor for the new building, which has a completion goal of May 2016. A rail spur connecting the building to the Flagler East Coast Railway will also be part of the building construction.
Flagler is also building out a large logistics center near Miami International Airport to handle growing cargo anticipated with that port’s post-Panamax expansion. Post-Panamax refers to larger ships that will be able to navigate a widened Panama Canal that is due to open in 2016 after a $5.5 billion project.
The Titusville Logistics Center, a cargo handling facility serving Port Canaveral, broke ground Monday
morning. The first building in the 320-acre complex will be a 246,000-square-foot warehouse leased by the
port.
The project, near Space Coast Regional Airport, is owned by Coral Gables-based real estate firm Flagler Global
Logistics, a subsidiary of Florida East Coast Industries.
The center is part of Port Canaveral’s ongoing push into cargo operations, which expanded significantly last
month when it opened a new cargo terminal operated by Gulftainer Corp. The port will use the Titusville
warehouse for its cargo customers.
“The idea is that it’s a classic inland port,” said Robert Richter, VP of business development for Flagler. “There is
limited land available at the port itself, and this is on a rail line. Its really a game changer to put this area on the
map to attract global cargo business.”
For now, the plan is to use trucks for moving cargo from the port to the logistics center. But Richter said Flagler
and the port are looking at the possibilities for barge movement or a new rail connection to the port.
Titusville Logistics Center map - Flagler Real Estate
The port plans to purchase the building for about $11 million, and will lease space to cargo distrutors tied to its cargo operations, at a rate of about $4.50 to $5.25 per square foot. A statement from John Walsh, port CEO, said the port is negotiating with tenants now.
Eventually Flagler hopes the logistics center will be a home for manufacturers and a distribution center for land-based freight also.
Flagler is in the process of picking a general contractor for the new building, which has a completion goal of May 2016. A rail spur connecting the building to the Flagler East Coast Railway will also be part of the building construction.
Flagler is also building out a large logistics center near Miami International Airport to handle growing cargo anticipated with that port’s post-Panamax expansion. Post-Panamax refers to larger ships that will be able to navigate a widened Panama Canal that is due to open in 2016 after a $5.5 billion project.
October 2015 | OrlandoSentinel.com
