Another development, called Town Center Exchange, is proposed near St. Johns Town Center that would generate more multifamily, commercial and hotel space.
Town Center Exchange will yield about 35.7 acres for development across Town Center Parkway from the open-air shopping center.
As proposed, the project will include up to 200,000 square feet of enclosed retail and commercial uses, up to 100,000 square feet of office space, up to 200 hotel rooms and up to 400 apartments and 40 townhouses.
The Town Center Exchange land, owned by members of the Skinner family, is up for rezoning by City Council.
Ordinance 2015-584 asks council to rezone about 63.3 acres along Town Center Parkway, between Midtown Parkway and Brightman Boulevard, opposite the St. Johns Town Center.
Of that, 27.6 acres is lake property, which means about 36 acres can be developed.
Signs posted on the property identify Core Property Capital as the developer and The Shopping Center Group as the contact for a mixed-use development.
Core Property Capital, with offices in Atlanta and Naples, is a real estate investor, asset manager and developer. Representatives did not return two phone calls Thursday.
Its website says Core Property Capital Fund has completed more than $1.3 billion in commercial real estate deals since 2009, totaling more than 3 million square feet of retail space and about 3,000 multifamily units.
The Shopping Center Group, based in Atlanta, is a retail real estate adviser that works with landlords, developers, investors, financial institutions and retailers.
Tom Mundy with The Shopping Center Group is identified on the sign as the contact. Mundy said Friday morning that Core Property Capital expected to close on the property purchase by the end of the year. “We have tenants lined up on just about every parcel,” he said. He declined to identify any of the prospective retail stores.
According to the ordinance, the property’s land use is proposed as 10.3 acres for multifamily; 15.45 acres for commercial; 2 acres for hotel rooms; and the rest for recreation and open space, rights-of-way and the lake.
HE Otter LLC and Charles Brightman Skinner Jr., as trustee of the Charles Brightman Skinner Jr. Trust, own the land. HE Otter LLC is led by Susan S. Thomas, a member of the Skinner family.
“It seems to be consistent with what is already there,” said council member Scott Wilson, whose District 4 includes the property.
However, he said he has not made a decision about the ordinance because he hasn’t reviewed all of the details.
Wilson chairs the council Land Use and Zoning Committee. It was introduced there Aug. 25.
Members of the large Skinner family of landowners originally sold the property for the St. Johns Town Center and also are selling land around it.
For example, the Arthur Chester Skinner III Trust has a contract to sell more than 61 acres to Preferred Growth Properties for mixed-use development.
That rezoning ordinance, 2015-222, was enacted May 12.
That site is adjacent to the Town Center Exchange land and the developers plan traffic improvements to help ease the congestion at the popular shopping destination, including additional turn lanes, access points and a trail for pedestrians, runners, bicycles and others.
“Traffic is always a concern. It is a very busy area,” Wilson said. He said the plan is for the Town Center Exchange to continue the shared pedestrian-bike path from the neighboring development.
The Town Center Exchange ordinance asks council to rezone the land from planned unit development, industrial business park, and residential medium density-D districts to a planned unit development district.
The applicant is CPC Jacksonville SJTC LLC. The name has not been filed with the Florida Department of State Division of Corporations. Wilson said he did not know the identity of the LLC.
Core Property Capital LLC has filed other LLCs with the state with the CPC designation.
According to a written description, the PUD zoning district is sought to provide for a pedestrian- and bicycle-oriented mixed-use development.
Regus plans Flagler Center office center
Regus, already with six local flexible office work centers, plans a seventh in Flagler Center.
With 3,000 locations in 120 countries, Regus is working on plans for an almost 13,000-square-foot center at 12724 Gran Bay Parkway W.
It already operates in the Bank of America Tower and the Aetna Building Downtown and in Ponte Vedra Beach, Deerwood Park and in two Office Suites Plus centers in Southpoint and the St. Johns Town Center area.
A building-permit application shows that Adams Interior Contractors Inc. will build-out the Flagler space at a project cost of almost $442,000.
Regus would open on the fourth floor of a four-story building.
Regus, founded in 1989, is based in Luxembourg.
The centers provide office space on flexible terms. Clients can lease offices for short periods, meeting space, executive suites as well as use the service as a “virtual” office for the purpose of an address, such as for home-based businesses or businesses that don’t need a brick-and-mortar location.
Regus Business Centers offer offices; meeting, board and training rooms; video communications, products and meeting facilities; business lounges; IT, telecommunications and free Wi-Fi; and business services such as administrative support and equipment.
3rd area Newk’s Eatery to open in Mandarin
Newk’s Eatery plans to open in Mandarin, making it the chain’s third Jacksonville restaurant in addition to its Avenues and North Jacksonville locations.
The menu features salads, sandwiches, soups and pizza.
Newk’s posted at newks.com that 11112 San Jose Blvd. is an upcoming location.
It already operates at 14964 Max Leggett Parkway in the Parkway Shops at River City Marketplace in North Jacksonville at 9047-1 Southside Blvd. near The Avenues mall.
A building-permit application shows that 4,210 square feet will be renovated for Newk’s in Claire Lane Center in Mandarin.
The space is between Miller’s Mandarin Ale House and Mattress Firm on the south side of the center.
The company said Thursday the restaurant would open in early 2016.
Tenant representative Carrie Smith, regional managing partner of Franklin Street in Jacksonville, said the Claire Lane location will be corporately owned, as will be future Jacksonville restaurants. She is working on multiple locations in Northeast Florida.
The two Newk’s that are open are owned by a franchisee.
Newk’s Chief Development Officer Chris Cheek told the International Council of Shopping Centers North Florida Idea Exchange in January that the fast-casual bakery café looks for 3,800- to 4,500-square-foot locations and has converted former retail stores and restaurants into a Newk’s Eatery.
Newk’s is based in Jackson, Miss. Its website shows at least 86 open locations in 13 states.
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