Skip to main content
Jax Daily Record Wednesday, Dec. 11, 201903:20 PM EST

Planet Swim closes on loan for Nocatee center

Construction is expected to be complete in mid-April.

Planet Swim closed Dec. 11 on a $5 million loan to build an aquatics and tennis facility in Nocatee.

North Avenue Capital, a commercial lender based in St. Johns County, announced the closing of the Department of Agriculture Rural Development loan in a news release.

The Planet Swim site is on Davis Park Road between the entrance to Davis Park and Ponte Vedra High School.

The loan will be used to construct a 50-meter Olympic-size outdoor pool, an indoor teaching pool, seven clay tennis courts, spectator seating, locker room accommodations and more.

Construction is expected to be complete in mid-April.

The facility plans to create 25 jobs.

The release said Gus Calado launched Planet Swim in 2009 in Ponte Vedra Beach.

Planet Swim offers year-round swim lessons and swim team options and will add tennis with a training staff that includes Olympic, USPTA, and NCAA athletes. 

Be the first to know the latest breaking news and information that business leaders rely on in this fast-paced changing Northeast Florida economy. Regional business news, trends and statistics needed to grow your business. Key upcoming events you won’t want to miss and much more. Click Here to Grow your Business NOW!

Related Stories