July 2013 is target completion date for Panama City, Fla., warehouse.
The Panama City, Fla., Port Authority has broken ground on a 150,000-square-foot distribution warehouse. The warehouse has been designed to provide port users with a local facility for storing and distributing imported and exported products and those moving via the Intercoastal Waterway.
According to the Port Panama City website, the port offers “easy access to both the Gulf of Mexico and the Gulf Intracoastal Waterway.”
The $6 million facility will provide up to 40 loading doors in a building can be subdivided into three separate operations and can be expanded by an additional 100,000 square feet.
The construction of the port’s distribution warehouse coincides with the construction of a privately owned 60,000-square-foot distribution being built on an adjacent site within the port’s intermodal distribution center.
Panattoni Construction LLC, Atlanta, has been selected to build the facility, which is scheduled for completion in July 2013.
In a news release announcing the groundbreaking, Port Panama City says, “The Florida Department of Transportation has been instrumental in the development of the Intermodal Distribution Center, providing matching grants for the road and rail infrastructure and extending a State Infrastructure Bank loan for the construction of the warehouse.”