DEVELOPMENT ACTIVITY

For the last 30 years our office has tracked development activity in Lakeland. From Publix Super Market’s corporate headquarters to craft brewers and food manufacturers, to healthcare and high-tech e-commerce logistics centers, Lakeland is home to a multitude of industries that are shaping our future. In the last 18+ months we have seen an increase of 6+ million in square feet, $598+ million in capital investment and over 3,500 jobs announced. Want to know the latest in Lakeland? Stay up-to-date below, and learn about the last five years:

NEW INDUSTRY
CompanySQ. FT.JobsInvestmentType of Deal
Westlake Pipe and Fittings192,756$20,000,000Lease
Border Bound Inc123,917$2,000,000Sublease
Miami Warehouse Logistics Inc77,00012$7,500,000Lease
Taylor Corporation 70,000$5,300,000Lease
Driscoll's46,500$2,500,000Lease
Farm Cut, LLC42,423$4,000,000Lease
W Soule & Co Inc38,276$5,000,000Lease
LGH North America36,420$5,000,000Lease
Century Cabinets Inc32,00010$5,000,000Lease
XPO, Inc.31,00075$15,000,000Purchase
International Flavors & Fragrances*30,00040$15,000,000Purchase
Statewide Electrical Contractors Inc20,68725$4,000,000Purchase
Kinship Pace*19,830$2,500,000Lease
ABC Manufacturing16,721$1,500,000Lease
Jetpro*11,568$2,000,000Lease
Total (15 Companies)789,098162$96,300,000
EXISTING INDUSTRY
CompanySQ. FTJobsInvestmentType of Deal
Veritiv Corp.530,000$45,000,000Lease
HD Supply400,000$5,000,000Renewal
Best Buy274,000$9,000,000Lease
Southern Glazer's Wine and Spirits218,000$5,000,000Lease
Star Distribution200,000$5,500,000Renewal
Keymark77,000125$36,000,000Lease
Cologix69,400$6,000,000Renewal
Total (7 Companies)1,768,400125$87,500,000
COMBINED TOTALS - New & ExistingSQ. FT.JobsInvestment
22 Companies2,557,498287$183,800,000
Retail:
South: Fresh Kitchen, Aldi, 4 Rivers Smokehouse, Jeremiah's Italian Ice, Lakeland Ice Cream Company, Culver's
North: Miller's Ale House, Crave Hot Dogs & Barbecue, Tsaôcaa Michi Ramen
Downtown/Central:Unfiltered Coffee, The Bodega, Sabrina's Delicacies, Food + Beer, kPot, Kitty Cat Lounge, Low and Slow Smokehouse, Pizza Daddy
Sq. Ft.: includes net new square footage leased, bought or built
# of Jobs: includes net new jobs
Estimated investment: includes real estate lease, purchase cost or building cost
* Office

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