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COMPANY UPDATES
Read the latest announcements from Blue Steel Development, including project milestones, company news, and developments shaping our continued growth.
PRESS RELEASE
BLUE STEEL DEVELOPMENT BREAKS GROUND ON STEEL 70 INDUSTRIAL CAMPUS IN CLAYTON, NORTH CAROLINA
CLAYTON, N.C. - February 10, 2026 - Blue Steel Development today announced the groundbreaking of Steel 70, a new three-building industrial campus along the Clayton Boulevard corridor in Clayton, North Carolina. The approximately $50 million development will deliver 346,400 square feet of modern, market-ready industrial space designed to serve logistics, warehousing, distribution, and light industrial users.
PRESS RELEASE
Blue Steel Development Acquires ±12.55 Acres for Steel 12 - Building 1 at Gulf South Commerce Park in madeville, louisiana
MANDEVILLE, LA - February 2, 2026 - Blue Steel Development has acquired approximately ±12.55 acres at Gulf South Commerce Park in St. Tammany Parish, Louisiana, for the development of Steel 12 - Building 1, a ±200,555-square-foot speculative Class A industrial warehouse. The land acquisition closed in Q2 2026, with construction set to begin in May 2026 and delivery anticipated in Q1 2027.
PRESS RELEASE
BLUE STEEL DEVELOPMENT EXPANDS LEADERSHIP TEAM WITH APPOINTMENT OF RYAN VAUGHT AS PRINCIPAL & CHIEF INVESTMENT OFFICER
LAKELAND, FL – August 18, 2025 - Blue Steel Development (“BSD”) today announced the appointment of Ryan Vaught as Principal & Chief Investment Officer. Based in the company’s Lakeland, Florida headquarters, Vaught will oversee strategic direction and operational execution as Blue Steel enters its next phase of nationwide growth.
PRESS RELEASE
BLUE STEEL DEVELOPMENT EXPANDS NATIONAL FOOTPRINT WITH NEW MIDWEST OFFICE AND APPOINTMENT OF MATT HUBERT AS EVP OF INVESTMENTS
OAKBROOK TERRACE, IL – August 13, 2025 - Blue Steel Development ("BSD") announced a major milestone in its strategic growth plan with the opening of its first office outside Florida, located at Mid America Plaza in Oakbrook Terrace, Illinois, a suburb of Chicago. The new office is being led by industry veteran Matt Hubert, who joins the firm as Executive Vice President of Investments to spearhead its industrial development platform across key logistics markets nationwide.