Get Social With Us
Purple Square Management Company | Dunkin’ franchisee selects Okaloosa for $4.5M commercial bakery and distribution center
21215
post-template-default,single,single-post,postid-21215,single-format-standard,ajax_fade,page_not_loaded,,vertical_menu_enabled,vertical_menu_with_bg_image,select-child-theme-ver-1.0.0,select-theme-ver-2.6,wpb-js-composer js-comp-ver-6.9.0,vc_responsive
 

Dunkin’ franchisee selects Okaloosa for $4.5M commercial bakery and distribution center

Dunkin’ franchisee selects Okaloosa for $4.5M commercial bakery and distribution center

CRESTVIEW — Purple Square Management, a Tampa-based management company that operates over 205 franchise locations in nine states — including 95 Dunkin’/Baskin Robbins stores throughout Florida and Alabama — has selected Okaloosa County for a new, state-of-the-art commercial bakery and distribution facility. 

The 24,500-square-foot plant will be developed on a 4 acre parcel located within the Okaloosa Industrial Air Park — land that was previously certified as “shovel ready” through Gulf Power’s Florida First Sites program. 

The company’s real estate holding company closed on the purchase of the property with the Okaloosa County Board of County Commissioners on Thursday.

The cost of constructing and equipping the new facility is projected to be about $4.5 million, and 60 new jobs are expected to be created as the company scales up to full production.

In recognition of the economic benefits of the project, the county commissioners had approved approved an Economic Development Ad Valorem Tax Exemption award for the company and discounted the purchase price for the parcel on Adora Teal Way.

“We applaud the decision by Purple Square Management and Dunkin’ brands to construct their new commercial bakery and distribution operation in the Okaloosa County Industrial Air Park and welcome the new jobs they will provide. Okaloosa County’s dynamic combination of favorable operating costs, efficient access to Interstate 10 and top-notch training partnerships will be instrumental in their continued success,” said Commissioner Paul Mixon, whose district includes the Industrial Air Park.

Read Full Article

Northwest Florida Daily News

 

No Comments

Sorry, the comment form is closed at this time.