5 Major Developments Rising Along SR 9B/I-795

June 15, 2015 18 comments Open printer friendly version of this article Print Article

Stretching into northern St. Johns County, in three years, Jacksonville's fourth interstate highway will open to traffic, spurring additional development in what is already one of the fastest growing areas in the state. Here's a look at five major developments that will benefit from the accessibility this highway will offer.

3. Flagler Center

Originally developed in the late 1990s, Flagler Center is poised to greatly benefit from the completion of SR 9B. When phase 2 opens, Flagler Center will have its own off-ramp from the highway. Anchored by Baptist Medical Center South and Citicorp, the business park currently contains more than 1.4 million square feet of office and industrial space. At the time it was acquired by NYC-based Investcorp International Realty in 2014, it was entitled to accommodate another 2.4 million square feet of office space, 150,000 square feet of retail, 410 multifamily units and 130 hotel rooms. New projects already underway in 2015 include a massive industrial facility for Jacksonville-based toy importer Ja-Ru Inc.

Ja-Ru Inc.'s new headquarters and warehouse under construction at Flagler Center.

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