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Classified in: Business
Subject: RLE

Concept Companies Purchases Significant Interest in Progress Park

GAINESVILLE, Fla., Jan. 21, 2022 /PRNewswire/ -- Concept Companies, a Gainesville headquartered full-service real estate development and construction firm, made a significant investment in real estate at Progress Park in Alachua. It's a natural move for the company that is already deeply involved in the joint development of R&D facilities, commercial, advanced manufacturing and residential space at The Convergence adjacent to Progress Park.

"This purchase reinforces our leadership position in Alachua's biotech cluster, including The Convergence, a hub for science and technology that we are developing in collaboration with The Roberts Companies through San Felasco Research Ventures," said Brian Crawford, founder, owner and CEO of Concept Companies. "We are committed to the region's burgeoning status as a center for excellence in research, science and technology."

The purchase consists of three buildings totaling 100,000 sq. ft., and approximately 50 acres of vacant land. Progress Park serves as the gateway to The Convergence, so this acquisition makes strategic sense as Concept Companies increases its role to spur advances in research, science and technology, and economic growth in the area.

San Felasco Research Ventures recently held a free community concert by Gainesville's own renowned Sister Hazel as a fitting way to kick-off groundbreaking for The Convergence.

About Concept Companies
Concept Companies is a full-service real estate development and construction firm, with projects ongoing across the U.S., headquartered in Gainesville, FL. Its services include commercial real estate development, site selection through turn-key construction and architecture. The firm has a broad portfolio of successful projects in a variety of industries including retail, education, life sciences, fitness, hospitality, automotive and industrial construction. For more information visit www.conceptcompanies.net

SOURCE Concept Companies

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News published on 21 january 2022 at 12:30 and distributed by: