{"id":6163,"date":"2022-03-21T17:15:41","date_gmt":"2022-03-21T17:15:41","guid":{"rendered":"https:\/\/blue14investments.com\/?p=6163"},"modified":"2022-03-21T17:28:41","modified_gmt":"2022-03-21T17:28:41","slug":"winn-dixie-returning-to-college-park-the-former-town-country-shopping-center","status":"publish","type":"post","link":"https:\/\/blue14investments.com\/es\/2022\/03\/winn-dixie-returning-to-college-park-the-former-town-country-shopping-center\/","title":{"rendered":"Winn-Dixie returning to College Park, the former Town &#038; Country Shopping Center"},"content":{"rendered":"<div  class=\"tatsu-HJZsemV8f5 tatsu-section  tatsu-bg-overlay   tatsu-clearfix\" data-title=\"\"  data-headerscheme=\"background--dark\"><div class='tatsu-section-pad clearfix' data-padding='{\"d\":\"90px 0px 90px 0px\"}' data-padding-top='90px'><div class=\"tatsu-row-wrap  tatsu-wrap tatsu-row-one-col tatsu-row-has-one-cols tatsu-medium-gutter tatsu-reg-cols  tatsu-clearfix tatsu-rygigXEUMc\" ><div  class=\"tatsu-row \" ><div  class=\"tatsu-column  tatsu-bg-overlay tatsu-one-col tatsu-column-image-none tatsu-column-effect-none  tatsu-HJol7EUf9\"  data-parallax-speed=\"0\" style=\"\"><div class=\"tatsu-column-inner \" ><div class=\"tatsu-column-pad-wrap\"><div class=\"tatsu-column-pad\" ><div  class=\"tatsu-module tatsu-text-block-wrap tatsu-rkbWmNLf5  \"><div class=\"tatsu-text-inner tatsu-align-center  clearfix\" ><style>.tatsu-rkbWmNLf5.tatsu-text-block-wrap .tatsu-text-inner{width: 100%;text-align: left;}<\/style>\n<h3>The grocer will lease the space it left in 2006 as developer JWB Real Estate Capital arranges financing for the shopping center\u2019s redevelopment.<\/h3>\n<\/div><\/div><div  class=\"tatsu-module tatsu-text-block-wrap tatsu-rkvfQNLMq  \"><div class=\"tatsu-text-inner tatsu-align-center  clearfix\" ><style>.tatsu-rkvfQNLMq.tatsu-text-block-wrap .tatsu-text-inner{width: 100%;text-align: left;}<\/style>\n<p>After 17 years, Winn-Dixie intends to return to Arlington next year to College Park, the former Town & Country Shopping Center at northeast University Boulevard and Arlington Expressway where the supermarket operated for years.<\/p>\n<p>Winn-Dixie is a banner of Jacksonville-based Southeastern Grocers.<\/p>\n<p>President and CEO Anthony Hucker said March 3 that the College Park Winn-Dixie is an opportunity for the company.<\/p>\n<p>The opening allows Southeastern Grocers \u201cto expand in our hometown and return to the area to provide a unique grocery shopping experience for the Arlington community.\u201d<\/p>\n<p>\u201cWe plan to make a significant investment in the store to support the revitalization of the community and will welcome more than 100 associates to provide needed jobs and ensure our new customers receive remarkable service,\u201d he said in a statement.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-6176 size-full\" src=\"https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379146_standard.jpeg\" alt=\"\" width=\"2000\" height=\"1500\" srcset=\"https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379146_standard.jpeg 2000w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379146_standard-300x225.jpeg 300w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379146_standard-1024x768.jpeg 1024w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379146_standard-768x576.jpeg 768w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379146_standard-1536x1152.jpeg 1536w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379146_standard-1160x870.jpeg 1160w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379146_standard-67x50.jpeg 67w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379146_standard-650x488.jpeg 650w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379146_standard-1000x750.jpeg 1000w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379146_standard-50x38.jpeg 50w\" sizes=\"auto, (max-width: 2000px) 100vw, 2000px\" \/><\/p>\n<p>The store will open in 2023 at 999 University Blvd..<\/p>\n<p>Winn-Dixie will lease 48,738 square feet of space where Southeastern Grocers said it opened in 1997 and closed in 2006.<\/p>\n<p>Jacksonville-based JWB Real Estate Capital is redeveloping the 69-year-old retail plaza.<\/p>\n<p>Part of the 18.27-acre site is being cleared for an apartment project while the center\u2019s parking lot and facade are being replaced and upgraded.<\/p>\n<p>\u201cIt will be a really amazing catalyst for the neighborhood,\u201d JWB President Alex Sifakis said of College Park.<\/p>\n<p>He said his group is bringing infrastructure and amenities to the Arlington area.<\/p>\n<p>\u201cIt\u2019s already a great neighborhood, but the community has been asking for these types of amenities,\u201d he said.<\/p>\n<p>Sifakis said Winn-Dixie is a key piece of the College Park revitalization.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-6174 size-full\" src=\"https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379143_standard-1.jpeg\" alt=\"\" width=\"1991\" height=\"1043\" srcset=\"https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379143_standard-1.jpeg 1991w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379143_standard-1-300x157.jpeg 300w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379143_standard-1-1024x536.jpeg 1024w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379143_standard-1-768x402.jpeg 768w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379143_standard-1-1536x805.jpeg 1536w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379143_standard-1-1160x608.jpeg 1160w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379143_standard-1-95x50.jpeg 95w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379143_standard-1-650x341.jpeg 650w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379143_standard-1-1000x524.jpeg 1000w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379143_standard-1-50x26.jpeg 50w\" sizes=\"auto, (max-width: 1991px) 100vw, 1991px\" \/><\/p>\n<p><strong>Redeveloping and financing<\/strong><\/p>\n<p>Property records show Town & Country was built between 1953 and 1979. It comprises about 189,000 square feet of space.<\/p>\n<p>The property is part of the Renew Arlington Community Redevelopment Area, which the city hopes to assist with rejuvenation.<\/p>\n<p>Through 903 University Blvd LLC, JWB paid almost $5.1 million for the property in August 2019.<\/p>\n<p>Sifakis told Arlington business owners in July 2021 that the group intended to provide food options at the shopping center in response to neighborhood requests.<\/p>\n<p>That included a grocery store. While Sifakis would not identify the company, it would lease space previously occupied by Winn-Dixie.<\/p>\n<p>For food options, Sifakis also talked about the shipping container food court and entertainment complex that will be built on-site, next to the new apartments. JWB also wants to bring restaurants to the inline center.<\/p>\n<p>Sifakis said in July the center is 45% occupied, not counting the grocery center space leased for storage. When the grocery store moves in, occupancy rises to 72%.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-6170 size-full\" src=\"https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379142_standard.jpeg\" alt=\"\" width=\"2000\" height=\"915\" srcset=\"https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379142_standard.jpeg 2000w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379142_standard-300x137.jpeg 300w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379142_standard-1024x468.jpeg 1024w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379142_standard-768x351.jpeg 768w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379142_standard-1536x703.jpeg 1536w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379142_standard-1160x531.jpeg 1160w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379142_standard-109x50.jpeg 109w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379142_standard-650x297.jpeg 650w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379142_standard-1000x458.jpeg 1000w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379142_standard-50x23.jpeg 50w\" sizes=\"auto, (max-width: 2000px) 100vw, 2000px\" \/><\/p>\n<p>The largest current tenants include Dollar General, Advance Auto Parts, DaVita and Legacy Ministries. McDonald\u2019s and a service station on the site are separately owned.<\/p>\n<p>The first sign of renovation was art.<\/p>\n<p>Jacksonville artists created an eight-panel mural in early 2020 on the side of the building facing the expressway.<\/p>\n<p>In June 2021, the Renew Arlington Community Redevelopment Agency board approved an almost $1.31 million code compliance grant to the new owners, as well as a $2 million infrastructure development grant payable up to $400,000 annually over five years.<\/p>\n<p>The city approved a permit in June 2021 for Reliant Roofing Inc. to re-roof the center at a cost of $1 million.<\/p>\n<p>The city approved a permit Jan. 5, 2022, for commercial contractor ShayCore LLC to renovate the facade at a cost of $4.5 million.<\/p>\n<p>Sifakis said March 4 that his group will close on $18 million in financing this week with Local Initiatives Support Corp. Jacksonville and RBC Bank through the federal New Markets Tax Credit Program, and with VyStar Credit Union.<\/p>\n<p>The New Markets Tax Credit Program is designed to help economically distressed communities attract private capital by providing investors with a federal tax credit.<\/p>\n<p>Investments made through the program are used to finance businesses, \u201cbreathing new life into neglected, underserved low-income communities,\u201d says the U.S. Treasury Department.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-6168 size-full\" src=\"https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379144_standard.jpeg\" alt=\"\" width=\"1920\" height=\"1080\" srcset=\"https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379144_standard.jpeg 1920w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379144_standard-300x169.jpeg 300w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379144_standard-1024x576.jpeg 1024w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379144_standard-768x432.jpeg 768w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379144_standard-1536x864.jpeg 1536w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379144_standard-1160x653.jpeg 1160w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379144_standard-89x50.jpeg 89w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379144_standard-650x366.jpeg 650w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379144_standard-1000x563.jpeg 1000w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379144_standard-50x28.jpeg 50w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/p>\n<p>Under the program, investors receive a tax credit for making equity investments in certified Community Development Entities, which in turn use the proceeds to make loans and investments in businesses, real estate projects and community facilities in low-income communities, says LISC.org.<\/p>\n<p>Sifakis said the cost to develop the first phase of College Park is $18.5 million, paid for by the financing, the city incentives and JWB\u2019s cash.<\/p>\n<p>\u201cIt\u2019s been a great experience working with the city, LISC, VyStar and City Council member Joyce Morgan,\u201d Sifakis said.<\/p>\n<p>The first phase includes the parking lot renovations and facade work, which are underway. Sifakis expects the first phase completion in September.<\/p>\n<p>Colliers International Senior Director Matthew Clark and associates Sam Middlekauff and Olivia Steinemann are the leasing agents.<\/p>\n<p>The facade redesign, parking lot and landscape improvements, ADA compliance and upgraded LED lighting systems will be completed in the third quarter.<\/p>\n<p>The first phase will create two building pads for the second phase, which will consist of a shipping container food court and a multifamily project of 82 market-rate apartments among two three-story buildings in the parking lot corner at the expressway and University Boulevard.<\/p>\n<p>Sifakis said the second phase should come online 12 to 18 months after completion of the first phase.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-6166 size-full\" src=\"https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379140_standard.jpeg\" alt=\"\" width=\"1920\" height=\"1080\" srcset=\"https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379140_standard.jpeg 1920w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379140_standard-300x169.jpeg 300w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379140_standard-1024x576.jpeg 1024w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379140_standard-768x432.jpeg 768w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379140_standard-1536x864.jpeg 1536w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379140_standard-1160x653.jpeg 1160w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379140_standard-89x50.jpeg 89w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379140_standard-650x366.jpeg 650w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379140_standard-1000x563.jpeg 1000w, https:\/\/blue14investments.com\/wp-content\/uploads\/2022\/03\/379140_standard-50x28.jpeg 50w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/p>\n<p><strong>Donated space<\/strong><\/p>\n<p>Sifakis said previously that the College Park name seemed to fit with Jacksonville University, which is less than 2 miles north.<\/p>\n<p>He said JWB will donate space at the shopping center to JU and a few nonprofits.<\/p>\n<p>JU will lease 1,000 square feet for $1. It is deciding on a few plans for using the space.<\/p>\n<p>Tne nonprofit Suited For Success Jacksonville Inc. will lease 2,000 square feet of space for $1.\u00a0<\/p>\n<p>It provides job training and a new wardrobe to men in need. The organization received a CNN 2021-22 Champions for Change award.<\/p>\n<p>Its mission is \u201cto empower men seeking employment and reentry back into the community by providing interview suits along with personal and professional development service.\u201d<\/p>\n<\/div><\/div><\/div><\/div><div class = \"tatsu-column-bg-image-wrap\"><div class = \"tatsu-column-bg-image tatsu-bg-lazyload\" data-src = \"\"><\/div><\/div><div class=\"tatsu-overlay tatsu-column-overlay tatsu-animate-none\" ><\/div><\/div><style>.tatsu-row > .tatsu-HJol7EUf9.tatsu-column{width: 100%;}.tatsu-HJol7EUf9.tatsu-column > .tatsu-column-inner > .tatsu-column-overlay{mix-blend-mode: normal;}.tatsu-HJol7EUf9 > .tatsu-column-inner > .tatsu-top-divider{z-index: 9999;}.tatsu-HJol7EUf9 > .tatsu-column-inner > .tatsu-bottom-divider{z-index: 9999;}.tatsu-HJol7EUf9 > .tatsu-column-inner > .tatsu-left-divider{z-index: 9999;}.tatsu-HJol7EUf9 > .tatsu-column-inner > .tatsu-right-divider{z-index: 9999;}@media only screen and (max-width:1377px) {.tatsu-row > .tatsu-HJol7EUf9.tatsu-column{width: 100%;}}@media only screen and (min-width:768px) and (max-width: 1024px) {.tatsu-row > .tatsu-HJol7EUf9.tatsu-column{width: 100%;}}@media only screen and (max-width: 767px) {.tatsu-row > .tatsu-HJol7EUf9.tatsu-column{width: 100%;}}<\/style><\/div><\/div><\/div><\/div><div class=\"tatsu-section-background-wrap\"><div class = \"tatsu-section-background tatsu-bg-lazyload\" data-src = \"\"><\/div><\/div><div class=\"tatsu-overlay tatsu-section-overlay\"><\/div><style>.tatsu-HJZsemV8f5 .tatsu-section-pad{padding: 90px 0px 90px 0px;}.tatsu-HJZsemV8f5 .tatsu-section-offset-wrap{transform: translateY(-0px);}.tatsu-HJZsemV8f5 > .tatsu-bottom-divider{z-index: 9999;}.tatsu-HJZsemV8f5 > .tatsu-top-divider{z-index: 9999;}.tatsu-HJZsemV8f5 .tatsu-section-overlay{mix-blend-mode: normal;}<\/style><\/div>\n","protected":false},"excerpt":{"rendered":"<div><a href=\"https:\/\/blue14investments.com\/es\/2022\/03\/winn-dixie-returning-to-college-park-the-former-town-country-shopping-center\/\" class=\"exp-read-more exp-read-more-underlined\">Read More<\/a><\/div>\n","protected":false},"author":2,"featured_media":6180,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","footnotes":""},"categories":[42,42,42],"tags":[],"class_list":["post-6163","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-es"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Winn-Dixie returning to College Park, the former Town &amp; 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