Native Development Group and Crescent Communities team up for Lakeland industrial project

Development will contain 300,000 square feet in a pair of Central Florida buildings just off Interstate 4.

By Kevin McQuaid
| 5:30 p.m. August 7, 2020
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COURTESY RENDERING -- Native Development Group and Crescent Communities have begun construction of the Lakeland North Business Center.

Commercial Real Estate

Native Development Group and Crescent Communities have begun construction on a 300,000-square-foot industrial development in Lakeland just off Interstate 4, the latest distribution project aiming to capitalize on the surging demand for modern logistics space amid the COVID-19 pandemic.

Alpharetta, Ga.-based Native Development and Crescent Communities, of Charlotte, hope to complete the two-building Lakeland North Business Center in mid-2021. The 900-920 N. Chesnut Road project is being developed on a speculative basis, without tenants in place.