A joint venture that was entered into last fall by the University of Florida Foundation with Hawley and Taylor Real Estate Group and Concept Construction of North Florida is planning for development of lab space in the city of Alachua in the next coming months. The development will be taking place on 14 acres of land next to Sante Fe College’s Perry Center for Emerging Technology on U.S. 441. The contract on the land was signed last year, but there is an allotted amount of time given, which is outlined in the contract, to survey the land before the exchange of title and money occurs. The builders plan to submit the building permit within the next 90 days and will begin building shortly after.
The main focus of this development will be to gain bioscience and research companies as tenants. AGCT, a research company concerned with developing methods for treating rare eye diseases, is already signed on to be the development’s first tenant. As of now the development is scheduled to be 50,000 square feet but could potentially be as large as 248,000 square feet. Hawley and Taylor have experience have experience developing similar properties; the group was responsible for Progress buildings 1, 2, and 3 of the Progress Park project.