Merritt Properties Expands Imeson Landing Business Park in Jacksonville
Merritt Properties has begun construction on the third phase of its Imeson Landing Business Park in north Jacksonville, Florida. This expansion includes three new light industrial buildings totaling 126,500 square feet and small-bay incubator spaces for smaller businesses. The development adds to Merritt's existing portfolio at Imeson Landing, which now totals over 392,700 square feet across eight buildings. The project is part of the company’s broader strategy in Jacksonville since entering the market in 2021 and follows successful prior phases completed with strong demand for flexible industrial space. Merritt continues to invest in its Gate Parkway redevelopment as well, converting office spaces into multi-tenant light industrial facilities. This phase three construction is expected to be finished by Q2 of 2027.
Topics: business_park construction expansion industrial_space