Tag Archive for: riviera beach warehouse construction

Easton Group Breaks Ground On Riviera Beach Warehouse With $12M Loan

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An affiliate of Easton Group broke ground on a warehouse near the Port of Palm Beach in Riviera Beach after obtaining a $12.13 million construction loan.

Rosemont, Illinois-based Village Bank & Trust provided the mortgage to SFG ISF Riviera MLK LLC, a partnership between Doral-based Easton Group and Atlanta-based Stonemont Financial Group. It covers the 8.9-acre site at 1463 Dr. Martin Luther King Jr. Blvd.

Davie-based Excel Construction of Florida recently filed notice with the county that it started work on the stie. The warehouse will total 34,500 square feet, including 3,000 square feet for office space.

The developer purchased the site for $6.5 million in 2021.

 

Source: SFBJ

Easton Group Proposes Warehouse Near Port Of Palm Beach

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Easton Group has proposed a warehouse in Riviera Beach to aid in distribution of goods from nearby Port of Palm Beach.

Miami-based Easton Group owns the 8.9-acre site on the Dr. Martin Luther King Jr. Blvd. on west side of railroad tracks. It acquired the vacant property for $6.5 million in December 2021 through SFG ISF Riviera MLK LLC. The developer has a pending application with the city to combine three parcels into a single tract of land and to build a 34,500-square-foot warehouse/office facility.

The Riviera Beach Planning and Zoning Board approved the application 5-1 on April 28. The project will need City Council approval at a later date. The building would have 31,500 square feet of warehousing and 3,000 square feet of office, along with 60 trailer loading docks lining the building. There would be 49 trailer staging parking spaces on the site.

 

Source: SFBJ