In a $28.2 million deal, Chicago’s Bridge Development Partners purchased 185 acres it plans to use for a large industrial park, according to The Real Deal.

The sale works out to about $152,000 per acre for space at 3900 Northwest 215th St. in Miami Gardens, just off the Ronald Reagan Turnpike. Bridge Development bought the lot from Atlanta’s Manheim Auto Auctions, which acquired the property for $9 million in 2004, according to property records.

The forthcoming industrial park, called Bridge Point Commerce Center, will include 2 million square feet of Class A industrial space that will be completed in two phases. Per The Real Deal, phase one will include more than 1 million square feet of space spread across three separate buildings. Phase two will commence on the property’s western edge, a site that was once a landfill (though it’s been closed for 40 years).

The industrial park will include at least 13 acres of green space, part of Bridge Development’s agreement with the city of Miami Gardens.

This marks another industrial development project in Miami Gardens following Gateway Commerce Park, which recently broke ground on a 61-acre site that was once a horse race practice track. The city also recently agreed to move forward with a large basketball complex.

According to its website, Bridge Development focuses on developing “investment-grade buildings and business parks.” Their current Florida portfolio includes a distribution facility in Fort Lauderdale called Bridge Point Riverbend. That site received a $16.6 million construction loan in July. The company also recently sold a 17.5-acre industrial park, Bridge Point I-95, to Indianapolis-based Duke Realty Corp.