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Severe space shortages constrain industrial demand growth in Brevard County, Florida

Several large projects planned despite development constraints and rising costs
Space Coast Innovation Park in Titusville is a proposed 3 million-square-foot distribution project located within the boundaries of Exploration Spaceport. Global real estate investment and development firm Hines is behind the project, which is expected to break ground during the second quarter of this year. (CoStar)
Space Coast Innovation Park in Titusville is a proposed 3 million-square-foot distribution project located within the boundaries of Exploration Spaceport. Global real estate investment and development firm Hines is behind the project, which is expected to break ground during the second quarter of this year. (CoStar)
CoStar Analytics
March 19, 2026 | 2:29 P.M.

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There is substantial untapped demand for industrial product in Brevard County, driven by a severe shortage of high-quality, available space.

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