Hines and Key Group announce 3msf industrial aerospace and defense hub on Florida’s space coast
Hines, in partnership with Titusville-based Key Group, announced Space Coast Innovation Park, a 3 million-square-foot project that will feature three phases of class A industrial product situated across 450 acres in the heart of Florida’s Space Coast in Brevard County. The state-of-the-art project will be located along Grissom Parkway and Perimeter Road, within the boundaries of Space Coast Regional Airport’s (TIX) federally licensed Exploration Spaceport in Titusville.
Space Coast Innovation Park will be developed in three phases. Phase I, which comprises three rear-load industrial buildings totaling more than 639,000 square feet across 50 acres, is projected to break ground in Q1/2024. Phase II will include two industrial buildings spanning nearly 466,000 square feet across 50 acres. Phase III will feature a mixed-use development spanning 350 acres, the details of which will be announced at a future date.
“As the rapid commercialization and privatization of the