Regency Centers, a national owner, operator and developer of shopping centers, is preparing to launch retail development at The Village at Seven Pines.
The city is reviewing permit applications for Buildings C, F, G and H on the 22.39-acre site within the larger Seven Pines development at southeast Butler Boulevard and Interstate 295. The site is near St. Johns Town Center, which is at northwest Butler and I-295.
Permits show the project cost of the first four shell buildings at an estimated $20.9 million.
Regency Senior Manager of Communications Eric Davidson said Sept. 30 that the buildings are being separately permitted.
Jacksonville-based Regency Centers and former landowner Sawmill Timber LLC said previously The Village at Seven Pines will be the primary retail component of the master-planned Seven Pines community.
Seven Pines is about 1,000 acres. When complete, it will have about 1,600 single-family homes, apartments and more than a million square feet of commercial and retail space.
Regency Centers will develop, own and operate the retail center, which will include dining, health/wellness, soft goods and personal services.
Regency Centers and landowner Sawmill Timber LLC announced plans Jan. 30 for the shopping center. Regency Centers bought the land Sept. 15 for $8.47 million.
On Aug. 1, the city issued a permit for Regency Centers to clear 22.39 acres at 11870 Stillwood Pines Blvd. It then announced it will move its headquarters from Downtown into the suburban retail development and that Publix Super Markets Inc. will be the grocery anchor.
Regency has said it will start construction on The Village at Seven Pines in the first quarter of 2026 and open the first retail stores in 2027.
“This is going to be one of our larger development projects over the next few years,” Eric Davidson, Regency Centers senior communications manager, said in January.
Regency Centers’ leasing brochure says the center will be 250,000 square feet. The retail portion will be at least 182,000 square feet.
The first four shell buildings in permitting comprise:
• Building C, 5255 Village Pines Blvd., four stories, 85,386 square feet, $14.5 million. The floors comprise 30,667 square feet on the ground floor and about 18,000 square feet on the top three floors.
• Building F, 12235 Dairy Ridge Road, 20,208 square feet, $2.4 million. That is the retail space next to Publix.
• Building G, 12220 Dairy Ridge Road, 11,389 square feet, $1.9 million.
• Building H, 12210 Dairy Ridge Road, 10,692 square feet, $2.1 million.
Site plans indicate there will be 11 buildings, A through K.
The Publix building will be submitted for permitting.
There are pads for outparcels, which are typically or sold or leased to developers or owners for restaurants, fast-food, office, medical and other uses.
A. Chester “Chip” Skinner III, president of Sawmill Timber, said it chose Regency Centers because the shopping center developer “has a long and successful development track record and an outstanding reputation both nationally and here in Jacksonville.”
The new Regency Centers headquarters will span three floors and integrate within the retail space.
Regency Centers leases headquarters space Downtown in what had been Wells Fargo Center, now called 1 Independent Square, at 1 Independent Drive. The company has 260 employees there and occupies 55,000 square feet of space among three floors in the 37-story tower.
Davidson said the headquarters building would open at Seven Pines after the first retailers.