ATLANTIC BEACH, Fla. — Lote Group, a Gainesville, Fla.-based development and property management firm, announced plans for a complete renovation of the Shoppes of Northshore, a neighborhood in the heart of the Atlantic Beach submarket of Jacksonville, Fla.
“We purchased this property with the vision of re-establishing it as a historic landmark, where 3rd Street and Atlantic Boulevard intersect at the center of Beaches Town Center,” Taraz Darabi, president and CEO of Lote Group, said. “We are excited to refresh and re-merchandise the center to extend and complement the walkable, pedestrian-friendly, boutique-style shopping and lifestyle experience of Beaches Town Center.”
“Shoppes of Northshore and Beaches Town Center is a high-energy locale in heavy demand due to the sense of community that is created by the restaurants and boutiques – it is the gathering spot for the beaches,” Whitney Butler, director of retail leasing for Franklin Street, a full-service commercial real estate firm that serves as the exclusive retail leasing agent for the roughly 17,000-square-foot shopping center, said.
The renovation will begin this summer and is scheduled to be completed by the end of 2019. The leasing team, led by Butler, is actively seeking local restaurants, boutique retailers and fitness and wellness concepts for the project.
“This shopping center has been a fixture of the Atlantic Beach community for over 25 years,” Butler said. “The new owner is continuing that tradition by bringing in a new group of experiential retailers to better serve neighborhood residents and tourists alike. We’re seeking tenants that will fit the year-round, active lifestyle of both current and future residents.”
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