A Home Depot distribution facility that will total over 1 million square feet has broken ground in Hialeah.
CCP Central South LLC, an affiliate of Miami-based Florida East Coast Industries (FECI), obtained a $98.7 million construction loan from Wells Fargo Bank for the project at 4210 and 4040 W. 108th St. It’s not far from the U.S. 27 interchange of Florida’s Turnpike and the southernmost exit of Interstate 75.
The 72.7-acre site has been leased to Home Depot (NYSE: HD), according to county records.
General contractor Conlan Co. filed notice with the county it started construction on the site of a 715,428-square-foot market delivery distribution warehouse and a 332,067-square-foot flatbed/bulk distribution warehouse. Such a facility would boost Home Depot’s supply chain in the region, allowing it to move goods to shelves faster.