Ponte Vedra, FL – Regency Centers (www.regencycenters.com), a national owner, operator and developer of grocery-anchored and community shopping centers, has announced the opening of a 54,340 square foot Publix Super Market at Nocatee Town Center, Crosswater Parkway and Nocatee Parkway in Ponte Vedra, Florida. Publix Super Market will open its doors to the public on Saturday, February 13 at 8 am. The store will include a Publix pharmacy, bakery, deli, floral and fresh seafood and will employ approximately 90 associates. The milestone will be marked with a ribbon cutting ceremony and St. John’s County Commissioner Cyndi Stevenson at 2 pm.
The Publix Super Market will be the first retail store to open its doors in the new Nocatee Town Center which is located in the Town of Nocatee, a master planned community of more than 15,000 acres in northeast St. Johns County. Regency closed on the purchase of 21.44 acres of undeveloped land in December 2007 to develop the 69,802 square foot community shopping center which will include 15,462 square feet of small shop space and up to six outparcels.
““Regency is proud to announce the opening of Publix Super Market at our newest shopping center in northeast Florida,” said Tom Fleming, Regency Centers vice president of investments. “Publix is the leading supermarket chain in the region and we’re pleased to bring the grocer and other best-in-class merchants to serve this one-of-a-kind, eco-friendly new coastal town,” he said. According to Fleming, Nocatee Town Center will feature a mix of national and local retailers, restaurants and service businesses which are slated to open in May 2010.
Regency is the leading national owner, operator, and developer of grocery-anchored and community shopping centers. As of December 31, 2009, the Company owned 400 retail properties, including those held in co-investment partnerships. Including tenant-owned square footage, the portfolio encompassed 53 million square feet located in top markets throughout the United States. Since 2000 Regency has developed 201 shopping centers, including those currently in-process, representing an investment at completion of $3.0 billion. Operating as a fully integrated real estate company, Regency is a qualified real estate investment trust that is self-administered and self-managed.