QuoteLarge office buildings planned for Nocatee
VanTrust Real Estate LLC is planning several buildings that will total 675,000 square feet in Class A office space on Nocatee Parkway, one-half mile west of the Town Center.
VanTrust Trust Florida said Friday it had closed on the project's 72-acre parcel, located on the south side of Nocatee Parkway, and has begun planning and design.
Nocatee has one office building over 100,000 square feet and one that is 80,000 square feet under construction, but nothing of this magnitude, according to John Carey, who heads VanTrust Florida.
The idea, Carey said, is to get closer to the executive labor pool.
"There are now 5,000 homes in Nocatee. Just think of how many people that is," he said. "You're five miles from Ponte Vedra. It's really not out there anymore."
http://www.jaxdailyrecord.com/showstory.php?Story_id=546823
Growing population, abundant inexpensive land, brand new roads providing access for employees, unlimited space for parking, a willing and favorable St Johns County government.... sounds like the scales are tipped in the direction of sprawl rather than infill development.
Yup! These building have been in the works for a little while now.