$25M industrial building development planned for Southington site

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

https://www.hartfordbusiness.com/article/25m-industrial-building-development-planned-for-southington-site

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