Town Center Exchange Site Plan Released

Core Property Capital has the 63.3 acres (28 developable acres) across from the St. Johns Town Center under contract, with plans to develop the property into what it calls “Town Center Exchange”. The project is expected to include 100,000 square feet of retail and restaurants, a 150 room hotel, an undisclosed amount of office space and 350 apartments. The deal is expected to close by the end of the year and will be developed in phases.

Karen Brune Mathis with the Daily Record has the story.

About Ernie Saltmarsh

Ernie works for Colliers International in the Northeast Florida Investment Services Group. The team includes Robert Selton, Scott Rogers, Ernie Saltmarsh and Adrienne Miller. Ernie works with buyers who are looking to invest in commercial real estate and sellers who are looking to dispose of investment assets. Ernie's background in research, marketing and finance provide the vital skills necessary to serve his clients.

Posted on September 14, 2015, in Development, Hotel-Restaurant-Tourism, JAX Daily Record and tagged , , . Bookmark the permalink. Leave a comment.

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