Park Place One, the VanTrust Real Estate LLC office project in Nocatee, is approved for construction.
The city issued a permit Thursday for Brasfield & Gorrie LLC to build the four-story, almost 125,000-square-foot building on 10.51 acres at a project cost of almost $9.7 million.
The office park is designed as 675,000 square feet of Class A space and build-to-suit projects.
VanTrust estimated an investment of more than $30 million in the first building.
The property owner is VTC Jacksonville Office Park Development LLC of Kansas City, Missouri, where VanTrust is based.
England, Thims & Miller Inc. is the civil engineer.
The master site plan shows Park Place One and four more future buildings along Nocatee Parkway. The 60-acre business park can accommodate 675,000 square feet of office space.
The address for Park Place One is 100 Palmetto Park Place, off Nocatee Parkway in Duval County, just north of St. Johns County.