Encore Capital Management and Twin Creeks Development Associates, the developer of Beachwalk, have named Colliers International Northeast Florida the exclusive retail leasing brokers for the project.
Colliers will be responsible for leasing 450,000 square feet of retail space surrounding the Crystal Lagoon in Beachwalk as part of the first phase of commercial development. The total project will be home to up to 1 million square feet of commercial space. Beachwalk’s retail component, which is designed to look like a seaside village in the Caribbean, will sit on the south shore of the project’s 14-acre Crystal Lagoon. This man-made lagoon is the size of ten football fields and will offer residents access to custom-built waterslides, swimming, kayaking, paddle boarding and more.
“Stretched out across more than 3,000 acres, Beachwalk is really a city within a city,” said Art Falcone, CEO and managing principal of Encore Capital Management. “Right now, St. Johns County is one of the fastest growing counties in the state, and the timing is right to bring this type of project to the forefront of development in the area.”
The Colliers International Northeast Florida team will be led by Nancy Sumner and Katy Figg, vice presidents of retail services. With their combined 20 years of experience in lease negotiations and landlord representation, Sumner and Figg will tap into both their national and local contacts to bring retail and restaurant concepts to this community.
“Beachwalk is unlike any other project in the U.S. right now,” said Sumner. “It feels like you’re in the middle of the Caribbean. We’re excited to create a unique retail lineup that reflects the needs of residents as well as the visitors who will frequent the project’s signature restaurants, shops and Crystal Lagoon.”
Figg added: “We’re looking for a mix of local flavor and national brands that provide the community with unique, creative and compelling options that have long been void in this area.’
Sumner and Figg are focused on bringing in a specialty grocer, movie theater, chef-driven, destination restaurants, health and wellness and home improvement options and more.
Located on County Road 210, Beachwalk’s retail component will be available to both residents living in the community’s 3,000+ homes and luxury apartments, as well as those who live nearby or are visiting the area. The retail village will also serve those working within the 2 million+ square feet of office and light industrial space in the community.
For more information, visit encoreretailcenters.com/beachwalk or contact Nancy or Katy at (904) 358-1206.