PARTNERSHIP TO CREATE ALTERNATIVE ENERGY INDUSTRIAL PARK

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DESTINY, FLA. — Dominion Development Partners, an affiliate of Richmond, Va.-based The Lingerfelt Companies, has partnered with the city of Destiny to develop the Alternative Energy Industrial Park at Destiny.

As the America’s first eco-sustainable city, Destiny is actively seeking eco-friendly developers and projects to highlight the city’s sustainable environment and lifestyle. Companies looking to develop and manufacture new, clean technologies will benefit from the synergies of co-location to reduce start-up and operating costs.

“Our interest is to build the first eco-sustainable city and to do that, we have to pursue new green industries, like green research and development and manufacturing opportunities,” explains Randy Johnson, chief operating officer of Destiny. “Dominion has a terrific record, and understands our market needs for renewable electricity and recycled water.”

The initial 500-acre phase of the project will include a Research and Development Campus, which will house a Technology Incubator, a Distribution Center, and an Academic Village and Training Center. The partnership has eight planned phases for the build-to-suit development, which when complete could accommodate approximately 5 million square feet of industrial, office and commercial space. The future phases will feature energy generation assets to power the city, and possibly ethanol and biodiesel processing, as well as pyrolysis, gasification and other “waste-to-energy” facilities

“Companies who locate here want to be able to walk the walk, not just talk the talk, about sustainable and green development,” says Johnson.

Construction of the park is slated to begin in 2012, pending the approval and entitlements from appropriate agencies.

Situated in Osceola County, the eco-sustainable city is being developed by The Pugliese Company and Fred DeLuca, co-founder of SUBWAY Restaurants. The city is being master planned by Rj Whidden and Associates Inc., with Arup providing sustainability planning.

— Amy Bigley

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