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Parkway and Silverpeak to develop 5msf industrial park in Lakeland, Fla.
Transactions - MAY 25, 2021

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Parkway and Silverpeak to develop 5msf industrial park in Lakeland, Fla.

by Released

Orlando-based Parkway Property Investments and Silverpeak Real Estate Partners recently broke ground on Lakeland Central Park, a 740-acre class A industrial development near the intersection of Interstate 4 and the Polk Parkway in Lakeland, Fla.

When complete, Lakeland Central Park will contain more than 5 million square feet of industrial space suitable for manufacturing and distribution companies. The first phase of Lakeland Central Park’s construction — scheduled to open in fourth quarter 2022 — will include a 708,000-square-foot industrial building and the infrastructure to deliver development-ready sites throughout the project.

“The property spans one-and-a-half miles along the Polk Parkway and is thoughtfully designed for companies looking to be in a critical transportation hub in the geographic center of Florida,” said James Heistand, Parkway CEO. “Strategically located along the I-4 corridor, Lakeland Central Park will be one of the largest industri

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