MILTON — A Southeastern pharmaceutical and medical device company wants to centralize its operations at the Northwest Florida Industrial Park @ I-10 in Santa Rosa County.


The 8-acre site the company wants would make it the first tenant in the industrial park.


Santa Rosa County Economic Development Director Shannon Ogletree said he looks forward to developing the 88-acre park located on State Road 87 one mile south of Interstate 10.


“We have quite a few lingering out there,” Ogletree said of companies interested in the site. “This would be the first and launch this park.”


The company would build a 100,000-square-foot facility. It would employ 90 people in warehouse, distribution and packaging jobs. The salary would be 150% of the county’s average annual wage or in the mid-$50,000 range.


The site still lacks infrastructure, so the county plans to submit a $3.6 million pre-application to Triumph Gulf Coast to construct a road, install utilities and add stormwater improvements. Triumph oversees the distribution of BP funds required for the Deep Horizon Oil Spill.


The company, which the county has dubbed Project Lionheart, was the only firm to bid on the June 2019 request for proposals for the 8 acres. The county plans to waive the $160,000 purchase price for the property as part of the match for the Triumph application.


The company also qualifies for the Florida Qualified Target Industry Tax Refund Program, which encourages companies to invest in the state. Project Lionheart would receive $4,000 per job or a total award of $360,000. The county is required to provide a 20% match in the amount of $72,000 that it would pay back over six to eight years with electric franchise fee funds.


Ogletree said the veteran-owned business has said it looks forward to relocating to Santa Rosa County.


“This is just one of the first steps,” Ogletree said. “I spoke to the owner last week and he is ready to get through these tasks.”