More developments coming to AC Skinner Parkway and Gate Parkway.
QuoteEckstein Investments, a Jacksonville-based development firm, is working on a 115-acre mixed-use project across from the St. Johns Town Center on Gate Parkway, part of a $300 million project in the area.
The location will not have the large box type of stores that are in the St Johns Town Centers, but include smaller boutique retail shops and restaurants, said Mark T. Farrell, owner of Killashee Investments, the broker on the acquisition of the property, which is under contract from the Skinner family.
The deal is expected to close around the second quarter of 2015.
QuoteMeanwhile, the developers are gearing up on the apartment project, which includes 600 luxury units on AC Skinner Parkway and is projected to cost about $80 million.
The apartments will be developed under the "Loree" brand and spread across 30 acres.
Full article: http://www.bizjournals.com/jacksonville/news/2014/11/19/eckstein-investments-adds-mixed-used-projects-to.html
I was about to post this in a new thread but I see you've got it covered, Lake! http://www.jaxdailyrecord.com/showstory.php?Story_id=544345
What are the chances we see some kind of transit circulator between UNF and Tinseltown and all this development in between? It scares me to think of the traffic coming to Gate Parkway.
This sounds pretty boring for the SJTC area.