Town Center Exchange to bring new tenants to town

[thelakelander]

By Karen Brune Mathis, Managing Editor

Town Center Parkway's west side won't look the same in a few years.
Now, there's undeveloped lakefront land on the site, just opposite the parkway from St. Johns Town Center.

By late 2016 or early 2017, there could be a grocery store, restaurants, financial offices, retailers, a 150-key hotel and about 350 apartments on the site, called Town Center Exchange.

Core Property Capital is expected to buy the 63.3 acres by the end of the year from members of the Skinner family of landowners, according to a real estate adviser who is marketing the sites for sale, lease or build-to-suit projects.

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