en.Wedoany.com Reported - ProximityParks, a developer of urban logistics parks in Mexico, recently outlined its strategy to build a last-mile delivery network in major Mexican city centers through an urban renewal model. The company manages nearly $700 million in assets and operates Mexico's largest portfolio of dedicated last-mile logistics parks in Mexico City, Monterrey, and Guadalajara.
Under its Mexico plan, ProximityParks has delivered two operational assets, with six more properties in the pipeline. The company invests strictly within major city centers, focusing on serving the domestic consumer market. At the core of its model is urban renewal, which involves acquiring underutilized urban properties and transforming them into modern distribution nodes equipped with solar panel arrays and green spaces. The company operates under a framework called the "Triple Net Positive" investment criteria, requiring capital to simultaneously meet three benchmarks: generating positive impacts on commercial clients and consumers, positive impacts on cities and the environment, and positive impacts on institutional investors.
In terms of sustainability, ProximityParks pre-deploys infrastructure supporting electrification in its facilities. Each facility is designed to support up to 100 industrial electric vehicle chargers and already has the electrical capacity for high-density fleet charging. In water-stressed areas like Mexico City, properties are equipped with low-consumption systems, including waterless urinals and eco-efficient building materials. The entire portfolio has obtained or is undergoing LEED certification, and the certification process is streamlined by adopting the LEED Volume Program, which allows organizations to certify an entire portfolio at once.
Regarding the feasibility of multi-story warehouse models in the Mexican market, ProximityParks believes that due to the widespread use of American-style 53-foot long-nose trailers in Mexico's logistics industry, their larger turning radius makes constructing spiral ramps or relying on heavy-duty freight elevators for vertical transport unsuitable for large-scale last-mile logistics. Instead, the company adopts advanced horizontal optimization on a single floor, using proprietary data tools and AI to analyze variables such as land use and traffic patterns to acquire single-story properties in core urban blocks.
ProximityParks currently operates 17 active locations nationwide and aims to expand its platform from nearly $700 million to $1 billion over the next three years, requiring the deployment of approximately $100 million in capital annually and adding four to six urban locations to the network. Founded in 2017, the company is a real estate developer and leasing service provider specializing in industrial parks for the last-mile delivery sector.
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