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June 9, 2023

$25M industrial building development planned for Southington site

Contributed The proposed industrial building at 53 Spring St., Southington.
By Hanna Snyder Gambini

A local development team is seeking land use permits for a vacant parcel in Southington that they will sell for a future industrial warehouse project.

Mark Lovley and Jason Manafort, principals of Technology Industrial Park LLC, bought a 53-acre vacant parcel at 53 Spring St., for $550,000 in 2021. 

They are seeking wetlands and planning and zoning board approval for a 283,000-square-foot industrial warehouse that will be built by Pennsylvania-based Johnson Development Associates Inc.

Once land use approvals are in place, the national real estate developer would purchase the property from the Technology Industrial team for an undisclosed amount, Lovley said. 

Johnson Development has six office locations throughout the U.S., and has developed more than 28 million square feet of industrial property, along with 28 multifamily communities, and more than 70 self-storage facilities, according to the company website.

Lovley said Johnson has projects in Pennsylvania, New Jersey, Florida and the Carolinas, and is looking to expand into the Connecticut market with this Southington project.

The $20 million to $25 million industrial facility will be built on spec, or without a tenant secured, and can be subdivided for up to four tenants, Lovley said. Plans call for up to 63 loading bays, 76 trailer parking spaces and 202 employee parking spaces.

Tenants would include industrial storage and distribution operations, but no manufacturing, Lovley said.

He anticipates a spring 2024 construction start, with occupancy roughly nine to 12 months later.
 

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