{"id":1004140442,"date":"2016-03-28T07:41:36","date_gmt":"2016-03-28T15:41:36","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004140442"},"modified":"2022-03-05T02:24:22","modified_gmt":"2022-03-05T10:24:22","slug":"publix-anchored-east-san-marco-project-is-finally-happening","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/publix-anchored-east-san-marco-project-is-finally-happening\/","title":{"rendered":"Publix-Anchored East San Marco Project Finally Happening"},"content":{"rendered":"<p><em>By Robert Demeter<\/em><\/p>\n<div id=\"attachment_1004140447\" style=\"width: 290px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/San_Marcos_Watercolor1.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004140447\" data-attachment-id=\"1004140447\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/publix-anchored-east-san-marco-project-is-finally-happening\/san_marcos_watercolor1\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/San_Marcos_Watercolor1.jpg\" data-orig-size=\"1521,847\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Edsel Arnold&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1456507485&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"East San Marco Concept Art\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;East San Marco Concept Art&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/San_Marcos_Watercolor1.jpg?w=1024\" class=\"wp-image-1004140447\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/San_Marcos_Watercolor1.jpg\" alt=\"East San Marco Concept Art\" width=\"280\" height=\"156\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/San_Marcos_Watercolor1.jpg 1521w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/San_Marcos_Watercolor1.jpg?resize=300,167 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/San_Marcos_Watercolor1.jpg?resize=768,428 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/San_Marcos_Watercolor1.jpg?resize=1024,570 1024w\" sizes=\"auto, (max-width: 280px) 100vw, 280px\" \/><\/a><p id=\"caption-attachment-1004140447\" class=\"wp-caption-text\"><em>East San Marco Concept Art<\/em><\/p><\/div>\n<p><strong>Jacksonville<\/strong>\u2013<a href=\"https:\/\/www.regencycenters.com\/\" rel=\"nofollow noopener\" target=\"_blank\">Regency Centers<\/a>, a national owner, operator, and developer of grocery-anchored shopping centers, teamed up with ArchCo Residential, <a href=\"https:\/\/www.whitehallpartners.com\/\" rel=\"nofollow noopener\" target=\"_blank\">Whitehall Realty Partners<\/a>, and <a href=\"https:\/\/bluerockresidential.com\/\" rel=\"nofollow noopener\" target=\"_blank\">Bluerock Residential Growth REIT, Inc.<\/a> on their East San Marco development in <a href=\"https:\/\/www.commercialsearch.com\/news\/jacksonville\/\" target=\"_blank\" rel=\"noopener\">Jacksonville<\/a>. Anchored by <a href=\"https:\/\/www.publix.com\/\" rel=\"nofollow noopener\" target=\"_blank\">Publix<\/a>, this 4.33 acre mixed-use development is planned to be a live, work, and play environment for the San Marco neighborhood. Construction at the $60 million project is scheduled to begin late this summer.<\/p>\n<p>\u201cArchCo has a stellar track record and was the perfect choice to handle the residential operations of what we are hoping will become a powerful addition to an already great neighborhood. Having Publix as our anchor will enable us to bring in the right merchandising mix that will really reflect the lifestyles and interests of the surrounding area. They are extremely well-respected for their quality of operations, and we couldn\u2019t be more proud to have them as involved as they have been,\u201d  said in prepared remarks Jim Thompson, executive vice president operations, Regency Centers.<\/p>\n<p>Located at the intersection of Atlantic Boulevard and Mango Place in the historic San Marco community, East San Marco will feature 46,000 square feet of retail and restaurant space, including a 32,500-square-foot Publix, as well as 239 apartments on top of the retail center. The residences will be comprised of 141 one-bedroom, 76 two-bedroom, 4 three-bedroom units and 18 studios. The apartments will feature nine- and 10-foot ceilings, stainless steel appliances, ceiling fans and state-of-the-art telecommunication devices. Other amenities include an outdoor courtyard with pool, 24-hour fitness center, business center and rooftop patio.<\/p>\n<p>Initially, in 2006, when the project first came to light, the plan was to have condominiums instead of apartments, with opening planned for 2009. Because of the recession and the inherent housing bubble, <a href=\"https:\/\/www.commercialsearch.com\/news\/san-marco-neighbors-welcome-50m-publix-mixed-use-development\/\" target=\"_blank\" rel=\"noopener\">the project remained shelved until 2013<\/a>.<\/p>\n<p>ArchCo Residential and co-developer Whitehall Realty Partners will be responsible for the overall construction of the project. Jacksonville-based Whitehall will lead local efforts for the duration of the development and upon completion, while ArchCo and its partner Bluerock will own and manage the residential portion of East San Marco. Regency will own and operate the center&#8217;s retail component.<\/p>\n<p>\u201cArchCo is proud to be part of this exciting project and to be partnering with Regency Centers, Publix, and Bluerock. A mixed-use development of this type creates synergy between the residential and retail which in turn will provide great benefit to the community,\u201d said Neil Brown, CEO, ArchCo Residential.<\/p>\n<p>Construction is slated for completion in late 2018.<\/p>\n<p><i>Courtesy renderings<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Regency Centers joined forces with three real estate development and management companies to kick off a long-stalled development project in Jacksonville.<\/p>\n","protected":false},"author":59,"featured_media":1004140447,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,1591,21752,21742,21749],"tags":[],"class_list":["post-1004140442","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-jacksonville","category-mixed-use","category-latest","category-retail"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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