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Nearly one million square feet of industrial space is under construction in Titusville and is expected to bring manufacturing and much-needed support to commercial aerospace needs in the region.
Key Group Holdings LLC has submitted plans to develop 50 acres of land on Grissom Parkway and Perimeter Road near the Space Coast Regional Airport in Titusville where the future Space Coast Innovation Park is in early planning stages.
Plans for the first phase of the project include three large industrial production buildings and six other buildings totaling 917,099 square feet.
Key Group Holdings was not available for comment on the project timeline.
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Kevin Daugherty, director of airports for the Titusville-Cocoa Airport Authority, said demand for space and aerospace manufacturing space is outstripping supply, and there is a desperate need for large industrial parks. I said I meant.
The land on which the project will be built is owned by the Airport Authority and leased to Key Holdings. then lease The building itself is owned by the company that will eventually set up the shop in the park.
“At the moment it’s still conceptual. But at the moment it’s going to be a light industry or maybe a corporate campus. I think they’re getting to the point where they’re going to submit site plans, but they don’t have end users yet. said Daugherty. .
Our manufacturing facility in North Brevard around Kennedy Space Center is much needed as commercial aerospace efforts pick up steam.
Little other details were available about the project and which companies might end up using the facility, Daugherty said. But he expects that to change in the coming months.
It’s common for a project of this size to put the card near the vest, but I’m looking forward to the economic benefits a project of this size can bring to the northern tip of the county.
“North Brevard desperately needs these spaces. We don’t have them in stock at all,” he said.
Tyler Vazquez is North Brevard Watchdog Reporter for FLORIDA TODAY.contact Vasquez 321-917-7491 or tvazquez@floridatoday.com. twitter: @tyler_vazquez
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