Miami, FL February 11, 2019
Construction for the future home for Costex Tractor Parts (CTP) has officially started. We were honored to have in attendance for this incredible occasion dignitaries like; Lieutenant Governor Jeanette Nunéz, the Commissioner Miami Dade County District 12 Jose ‘Pepe’ Diaz, Mayor Juan Carlos Bermudez, Financers, Members of the CTP team, family, friends and business partners.
“We are absolutely thrilled to be here today being able to share a milestone of this dream that has come true, which was once unattainable. This is definitely a major breakthrough that will change the history of our company, a big step to our next level of performance” said Costex Tractor Parts Vice President Mrs. Teresa Uribe. “To us, this is not just a big building that we just need for space but also a place where our people can relax, play, learn, and develop. A place they will feel proud to belong to. A place where we will be able to increase our manufacturing range, proudly made in USA. A place that will allow us to grow in an efficient and organized way. A place for our customers to learn and grow their own businesses’. It will be our home. And because we like things well done, it will enhance the commercial area of our wonderful Miami.”
The new building will have 3 floors of office space totaling 90,000 sq. ft. and 2 floors of warehouse space of approximately 380,000 sq. ft. Amounting to a total of 470,000 sq. ft. This will allow the company to consolidate and improve on its existing operations. The building will be located at 5900 NW 74th Ave. Miami, Fl 33166 which is close to the current location and is expected to be completed in 18 months, just in time for the company’s 40th anniversary.
We have planned on creating a green space, which will allow for walking, running and bike paths that will be spread out over the 17-acre property to promote wellness amongst our employees. The building will also use locally sourced natural materials such as wood and stone in many of its design elements. When entering the main lobby, you will come into an atrium which includes a central staircase with an expansive view of the Miami Canals, bringing the feeling of the “outdoors,” indoors. The back lobby features a quiet, communal location for customers and employees to have meetings and conduct business. Spread throughout the building are several conference rooms which can be used for meetings or social interaction.
Mr. Guillermo Fernandez, President of Link Construction Group, was quoted as saying,’ This project means the world to us and added that he is extremely grateful to the Uribe family for entrusting them to build this state –of- the- art facility. ‘We are committed to getting it done because we have the team and the expertise in completing the project. He concluded by saying’ In 18 months’ time we will be celebrating with a ribbon cutting.
Mayor Juan Carlos Bermudez also congratulated the Uribe family and reiterated the importance of this kind of investment being a critical part for the future for South Florida. He also emphasized the positive knock on effect that it will have on the local community.
‘Today Costex has the power to change the economic landscape in Miami’ noted George Bemudez, Senior Vice President of the Bank of America.
Costex Tractor Parts (CTP) was established in 1980 by Gilberto and Teresa Uribe. A husband and wife team with a dream. Today, CTP has grown from a start-up company to a well-established and recognized brand in the heavy equipment parts industry. Costex distributes to over 140 countries worldwide with over 300 employees and two locations in Miami, Fl and Dallas, Texas.