The widening of Florida A1A and new pro-business attitudes are fueling growth in Nassau County, Nicholson said.
Now rebounding from the recession and poised to take advantage of growth at the port, Nassau could become Northeast Florida’s next St. Augustine, Nicholson said.
“You saw a lot of bedroom-community developments that were just mothballed and taken back by banks during the recession,” he said. “They’re bustling right now.”
Road expansion to the east and west of Interstate 95 is opening up new housing markets. And Terrapointe’s planned East Nassau Development Center will accelerate that development.
Coldwell Banker recently leased nearly half of a 350,000-square-foot warehouse in Yulee that was dormant for 10 years.
“Nassau has become very pro-business development,” Nicholson said. “They’ve been reaching out to all of the brokerage companies.”