NOCATEE, Fla. – Nocatee, now the third best-selling master-planned community in the country, first welcomed residents in the midst of one of the worst housing markets in 2008. Although home sales began slowly during the Great Recession, the community reached a milestone in 2010 when Northeast Florida's largest Publix supermarket opened its doors.
The commercial sections serving the community began to grow in earnest following the opening of Publix, and now an exciting lineup of new restaurants are set to open in the Nocatee area over the next few months.
Two respected, locally-based real estate developers control the majority of Nocatee's commercially zoned properties. Regency Centers is the developer of Nocatee Town Center, a 21-acre retail center with 106,764 square feet of active commercial property (anchored by the 54,000 square foot Publix) along with an additional 4.61 acres of undeveloped parcels.
Nocatee Town Center includes a mix of locally-based franchise operations in Dick's Wings & Grill and The Loop Pizza Grill, as well as national brands such as Wendy's, Dunkin Donuts, Tijuana Flats and Starbucks. Skinner Bros Realty is the developer of Nocatee Town Center East, a 6.25-acre tract that consists of four multi-tenant buildings and one outparcel. Nocatee Town Center East tenants include the likes of local favorites M Shack and national brands like Pieology.
With over a population of over 13,000 people, with an average household income of $126,149 located within 3 miles of Nocatee Town Center and Nocatee Town Center East, it was inevitable that more restaurants would be interested in putting down roots in this rapidly growing, affluent community.
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