Commodities
VanTrust Pursues Industrial Development on Former Eagle LNG Site
VanTrust Real Estate is exploring industrial development on the Eagle LNG property in North Jacksonville. The company has turned its attention to the site after previous plans for a liquefied natural gas facility fell through.
The proposed project, Imeson Park South Phase 3, would involve building an approximately 860,000-square-foot structure on a 194.2-acre parcel along Zoo Parkway. City utility JEA is currently reviewing VanTrust's request to provide services for the development.
VanTrust Executive Vice President Marc Munago confirmed that the company is working through due diligence on the property and has received interest from potential tenants. However, he did not elaborate on the interested parties or their plans.