Charleston, S.C. -- Frampton Construction Company, LLC, a full-service construction firm providing planning and design support, preconstruction, and construction services, has started work on Sunlake Business Center, a two-building industrial development in Tampa, Fla. Stonemont Financial Group, a privately held real estate investment firm, is developing the project.
Totaling 361,000 square feet, the two rear-load facilities will be constructed of concrete tilt walls and a structural steel frame. Building one will measure 190,000 square feet, with 32-foot clear heights, 57 dock doors, and 309 parking spots. Building two will be 171,000 square feet, with 32-foot clear heights, 51 dock doors, and 231 parking spaces. The layout includes dedicated storefront office space at the two front corners of each building.
Kyle Shank, project manager at Frampton Construction, noted, “We’re excited about our Tampa market debut as we begin to move dirt for the Sunlake Business Center project. Thanks to careful collaboration with our partners during the planning stage, our team is well equipped to deliver a high-quality project, safely and efficiently.”
Located on State Road 54, Sunlake Business Center provides easy access to Suncoast Parkway, Highway 41, and I-75. Tampa’s airport, central business district, and the Port of Tampa are all located within a 30-minute drive of the park.
“We are excited to break ground on another speculative project in the Central Florida market. The Tampa metropolitan area has benefited from unsurpassed absorption, yielding a record low vacancy rate. We expect this to be a successful project, thanks to all of our partners, including Frampton Construction and JLL,” said Avery Dorr, vice president at Stonemont Financial Group.
The scope of work also includes performing sitework and adding infrastructure on 9.7 acres of adjacent land to create two pad-ready sites for future development. Ware Malcomb completed the design for the building. Kimley Horn and Associates is the civil engineer on the project, and DDA Engineers is the structural engineer. Construction is expected to conclude in April of 2023.
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Stonemont Financial Group is a private real estate firm founded on a simple strategy: to combine the experience and resources of a large institution with the creativity and flexibility of an entrepreneurial firm. As a diversified investment manager for public and private institutions and private capital clients, today they have over $2 billion in assets under management.
Frampton Construction is a full-service construction firm offering planning and design support, preconstruction, and construction services. The dedicated team of professionals takes pride in building strong relationships with clients while providing the highest quality of service. They deliver executive leadership and personal oversight throughout the building process, while working diligently to exceed the expectations of every client. With offices in Charleston, S.C., and Charlotte, N.C., the company is positioned to manage projects in the Southeast and beyond. For more information, visit www.frampton.construction/ or call 843-572-2400 (Charleston) or 704-900-0511 (Charlotte).