Timber Hill's special purpose firm Coconut Palm TH LLC, and Champion Realty Advisors have scored a permit for their IOS facility project in Homestead, Florida.
The move has allowed the joint venture to finally break the ground on the project at South Dade Truck Parking Overlay after the process took months. This marks the first time a purpose-built IOS facility was granted a permit in Miami-Dade County.
The 200-acre site at South Dade will set aside 60 acres for Timber Hill and Champion's project. It will be a ground-up development that will feature an asphalt lot with dolly pads, 24-hour security, gate-controlled access, and 1,572 parking spaces for trucks.
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