If demand meets projected forecasts, the company could start work later this year on another 436,000 sf in the 60-acre Miramar Business Center on Miramar Parkway near Florida's Turnpike. Market research tells Dinner the Broward County markets absorbed about 4.3 million sf last year, with a little more than two million sf classified as under construction. About 1.78 million sf was under construction. Another 182,000-sf of space recently was completed and is ready for occupancy at the Pompano Beach site. Global demand remains strong for South Florida import-exports handled by companies that rely heavily on the type of product IDI is building, Dinner says.
Land is a scarce resource.
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