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Investment Highlights

  • 270 net acres of land with entitlements to support 2,000,000 square feet of industrial, office, hotel, retail, multifamily, and flex space.
  • Master site plan in-place, final site plan approval by administrative order only so long as adhering to the zoning requirements.
  • One of the lowest economic tax bases on the Treasure Coast, resulting in reduced operating costs and improved long-term cash flow.
  • Developer will entertain multiple block sales, however individual tracts range from 5-13 acres, providing diverse development options.
  • Off-Site storm water retention and improvements accounted for, allowing for seamless construction timelines.
  • Anchor business in a bustling town center with nearly 300,000 square feet of retail, office space, and restaurants.

Executive Summary

Reflecting the small-town sensitivities of Martin County, Florida, Newfield’s vision was carefully created to appeal to the tastes and priorities popular among demographics as diverse as retirees, mature and young families, millennials, and Gen Z. Those attributes include a return to traditional neighborhood structure and organization, pedestrian-friendly conveniences, lively and inviting downtown atmospheres, and publicly accessible unspoiled, natural environments.

With 270 net acres entitled to support up to 2,000,000 square feet of industrial, office, hotel, retail, multifamily, and flex space, opportunities are endless. With individual tracts ranging from 5 to 13 acres, the developer will entertain multiple block sales, providing flexibility for projects of varying sizes and user types. Off-site stormwater retention and required infrastructure improvements have already been accounted for, helping streamline the development process. A master site plan is in place, and final site plan approval can be obtained by administrative order, provided development adheres to existing zoning requirements, creating a rare opportunity for efficient delivery.

Newfield is the largest mixed-use project approved in Martin County in more than 40 years. To the surprise of many observers, the famously slow-growth county embraced the vision put forth by original landowner and nationally known economic journalist Knight Kiplinger. The emphasis on open-space preservation, walkability, interaction, and a natural outgrowth of culture creates a community unlike any other in the Treasure Coast.

Delivering an Old Florida Town with walkable neighborhoods, Newfield offers a wide variety of homes, a robust downtown center, and a workplace district moments away. Newfield is specifically designed to create an overall environment that harmonizes daily life, work, culture, and nature.

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Property Facts

Sale Type Investment
Sale Condition Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Multifamily
  • Apartment Units
  • Distribution
  • Hospital
  • Hotel
  • Warehouse
Total Lot Size 270.00 AC
Cross Streets Florida's Turnpike
Zoning PUD-C - Planned Unit Development

1 Lot Available

Lot

Lot Size 270.00 AC

Description

Newfield Workplace District is the commercial and employment core of Newfield, a 3,411-acre master planned community in Martin County designed around a true live, work, play environment. The community will include 4,200 homes, a town center, schools, recreation, and more than 2 million square feet of entitled workspace. Fully entitled, development-ready sites are available for industrial, flex, office, retail, hospitality, and multifamily uses. With residential construction underway and infrastructure supporting phased growth in place, the district offers a rare opportunity to develop within a cohesive, high-growth community. Over two-thirds of Newfield is preserved natural land, complemented by trails, playing fields, and a working farm, creating a setting that supports both economic growth and exceptional quality of place.

  • Listing ID: 25884081

  • Date on Market: 2022-06-08

  • Last Updated:

  • Address: SW Citrus Blvd, Palm City, FL 34990

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