Miller Valentine Breaks Ground on Industrial Speculative Facility Near Dayton International Airport
Construction is underway on a new speculative industrial facility near the Dayton International Airport for Panattoni Development Company. Initial plans call for a 524,000-square-foot, tilt-up structure that has the capability to be expanded up to 1 million square feet.
The facility will serve the continued demand for distribution space in the fast-growing area around the Dayton airport. It will be the first in the Dayton region for Panattoni, which is one of the largest privately held, full-service real estate development companies in the world. Potential tenants have already expressed interest in the site, which is helping to drive the project’s aggressive eleven-month schedule.
Due to supply chain issues, the Miller Valentine team has taken proactive, decisive steps to minimize the risk of potential delays caused by material shortages. The team is expediting procurement for critical path materials and continually scrutinizing the schedule to take advantage of the most cost-effective and direct path for construction. Miller Valentine’s proven adaptability, flexibility, and transparency will be key to limiting the effect of the supply chain disruptions that are hindering other construction projects across the nation.
Construction is expected to wrap up during the third quarter of 2022.
For more information, contact Hank Betts, Vice President of Business Development.