Town Center Promenade- New Details

The 69 acre site (30 acres developable) at the St. Johns Town Center (across from Publix) that was under contract to Core Property Capital closed at $23.5M, and now has a name- Town Center Promenade. Since closing, the buyer has released some additional information about the proposed development. Highlights include:

  • National Grocer
  • Full-service hamburger restaurant
  • Brazilian steakhouse
  • Two (2) Hotels
  • Apartment complex (on 8.5 acres)
  • Includes 11 outparcels

Derek Gilliam with the Jacksonville Business Journal covered 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 January 27, 2016, in Development, Hotel-Restaurant-Tourism, JAX Business Journal, Land, Multifamily, Shopping Centers/Retailers and tagged , . Bookmark the permalink. Leave a comment.

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