MIAMI—Skyfarm Strategic Capital, a Miami-based diversified asset management company, just won approval to develop a 100-acre industrial park in Martin County's Indiantown. Dubbed the Florida Commerce Park, it's is one of the largest non-residential land developments in recent South Florida history.

Florida Commerce Park will offer up to 1.3 million buildable square feet, making it the largest-ever industrial development in Martin County. It's located off State Road 710—one of the state's main emergency routes—by SW Railroad Avenue.

“We already have a pipeline of industrial users interested in tapping into the strong demographics of South Florida,” Jeremy Shapiro, director of Corporate Real Estate Development for Skyfarm, tells GlobeSt.com. He points to a population of 8 million residents and over 650,000 businesses within a 100-mile radius of Florida Commerce Park.

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