Cantrell & Morgan and Stiles JV to Build New GreenWise Center in St. Augustine, FL
Posted on 10/7/2019Cantrell & Morgan and South Florida-based Stiles announced today they will break ground on a new grocery-anchored retail shopping center featuring a 25,000-square-foot GreenWise Market by Publix. Construction is slated to begin first quarter of 2020 and GreenWise is expected to open in 2021.
Located at World Commerce Center near World Golf Village and Murabella, the site is situated at the intersection of International Golf Parkway and Florida S.R. 16, near historic St. Augustine. In addition to GreenWise Market, the center includes approximately 15,000 square feet of in-line retail shops as well as several outparcels.
GreenWise Market is a specialty, natural and organic store featuring items for the health-conscious and gourmet foodies. The store is divided into experience zones and includes a large prepared foods area featuring fresh to-go items, such as gourmet pizzas, burrito bowls, chef-created sandwiches and a selection of heat-and-eat main courses and sides.
"This development will provide residents with an attractive local option for quality shopping, dining, beauty and other services," said Ryan Karlin, President of Stiles Retail Group. "Stiles established roots in this market more than a decade ago having developed the Publix-anchored center across the street, and we are very excited to partner with Cantrell & Morgan to bring a new specialty shopping experience to the St. Johns County community."
In 2009, Stiles developed The Shoppes at Murabella, a Publix-anchored, 77,500-square-foot retail center located at S.R. 16 and Pacetti Rd., which at the time was the area's first major retail center. Stiles continues to own and operate that center.
About Cantrell & Morgan
Cantrell & Morgan, Inc. is the largest locally owned and privately held commercial real estate firm in North Florida. The company specializes in retail development, brokerage, and property management. For more information, please visit www.CantrellMorgan.com or call 904-493-1603.
Established in 1951, Stiles is a full-service real estate development firm with a clear mission: Invest. Build. Manage. Stiles services include development, construction, tenant improvement, realty, property management, architecture, acquisitions and financing. The company is responsible for more than 48 million square feet of office, residential, industrial, retail and mixed-use projects throughout the southeastern United States. Headquartered in Fort Lauderdale, Stiles maintains regional offices in Miami, West Palm Beach, Naples/Fort Myers, and Orlando, Florida, as well as a development office in Charlotte, North Carolina. Learn more about Stiles at www.stiles.com.