With the city permit issued April 5, Lockwood Quality Demolition Inc. will take down the closed Southgate Plaza shopping center.
Jacksonville-based Lockwood will demolish the 65-year-old center at 3428 Beach Blvd. at a cost of $500,000 for redevelopment into about 295 apartments.
The permit says the center is 149,042 square feet. It is in the St. Nicholas area near San Marco.
Jacksonville-based Demetree Brothers Inc. sold the property March 2 through Southgate Shopping Center LLC to developer Chance Partners LLC for $4.9 million.
A site plan shows three four-story buildings with a pool and courtyard in the center of one.
A spokesperson for Chance Partners said in October the developer expects to break ground in June 2022 on the 18-month project.
The shopping center was built in 1957.
The city issued a mobility fee calculation certificate Dec. 16 for the Southgate Plaza apartments on 9.96 acres. The city calculated no fee was needed for the property.
Kimley-Horn and Associates Inc. is the civil engineer.
Chance Partners developed several nearby multifamily communities including The Exchange, Barlow and San Marco Promenade along Philips Highway.