International Management Co. LLC announced in a news release April 22 that it signed a lease with Publix Super Markets Inc. to anchor the Northpoint Village Shopping Center it is developing at northeast New Berlin and Yellow Bluff roads in North Jacksonville.
Publix signed a lease for 48,387 square feet of space for a grocery store and pharmacy.
Northpoint Village’s first phase of 16.86 acres will comprise Publix and 16,600 square feet of adjacent store space for units from 1,300 to 7,000 square feet. IMC expects to complete it in summer 2022.
Site plans show five outparcels of 0.89 to 1.53 acres.
Phase II is entitled for up to 64,000 square feet of retail, medical and office space.
When completed, Northpoint Village could total about 142,000 square feet of space on 27 acres.
Brett McKee, IMC vice president of property services, said in the release the location is near interstates 295 and 95 and U.S. 17.
“Northpoint Village will offer convenience and selection in close proximity to a dense residential market,” said McKee, calling the location a long underserved area.
The project has been in city review since at least December 2018, when the city issued a mobility fee calculation certificate and a conditional capacity availability statement for Northpoint Village.
The property owner is Northpoint Realty LLC, led by Jacksonville-based IMC.
Those plans showed a 48,387-square-foot grocery anchor flanked by three retail buildings totaling 16,600 square feet of retail space and the five outparcels.
The city calculated a $276,647 mobility fee to mitigate the traffic impact. England-Thims & Miller Inc. was the agent.
