Nocatee roadways near completion, about a decade earlyBack to News
Despite the economy, Nocatee's developers said this week they
expect to finish the final phase of the area's $100 million
transportation infrastructure by August, as much as a decade
earlier than anticipated.
Work is also progressing on two new housing subdivisions at the
massive development west of Ponte Vedra Beach.
The roadway completion date was slated for sometime between 2015
and 2020. Completing the project early will make the area more
convenient for residents to travel and will reduce future
construction impacts, developers said.
"We wanted to get in before all the people started moving to
Nocatee," said Chris Pilinko, Parc Group project director. "We see
the major benefits to get it complete now ... to allow the
development to move forward."
While many other developments are struggling financially, Parc
Group officials said Nocatee financing was secured before the
development started. Nocatee was approved as a development of
regional impact in 2001. The 15,000-acre eventual
residential-commercial complex straddles the St. Johns-Duval
counties' line. The property is owned by the Davis family, which
has a controlling interest in Winn-Dixie grocery stores.
"Major transportation improvements and community amenities
[were] secured on the front end of the development, allowing us to
follow through with our commitment," Pilinko said. The project was
financed through bonds and other means.
The new 5-mile Nocatee Parkway across the development will
connect to County Road 210, which links with Florida A1A. That will
let traffic travel across Nocatee without crossing paths with the
local traffic.
Motorists traveling on U.S. 1 will also have access to the
parkway, said Pilinko.
The project began in January 2008. It will serve as a vital
hurricane evacuation route for traffic from the Beaches area.
"We are very happy with where we are," Pilinko said. "This will
complete the majority of the transportation infrastructure of the
property; we feel like the Nocatee story is now beginning to be on
the ground."
About 1,200 people live in the evolving development.
Meanwhile, plans are moving ahead for the development of two new
Nocatee communities, Greenleaf Village and Highland Lakes.
Developers expect sales to excel now that the new amenities have
opened in the area.
The new communities are off Valley Ridge Boulevard directly
across from Austin Park at Nocatee, officials said.
"There has always been strong interest for entry-level homes in
Ponte Vedra," said Rick Ray, managing partner with the PARC
Group.
The opening of the roadway this summer complements other recent
Nocatee projects.
For example, the Nocatee Town Center, the central shopping hub
for the community, features the largest Publix supermarket in
Northeast Florida at 54,000 square feet.