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Suncoast Crossing sputters in drive for top tenants

SPRING HILL — While construction is under way on Kohl's, an anchor store in the fledgling Suncoast Crossing shopping center, a sagging economy is stalling the development from signing up top-name tenants.

"A lot of companies have put (expansion) on hold for the next 18 months," Robert McGarrity of developer Regency Centers of Jacksonville said recently.

"That's not good for us. We've got a lot of convincing for us (to enlist tenants). We could get second-tier businesses, but we don't want that."

Developers are hoping the shopping center on 53 acres at Spring Hill Drive and Ariel Way can attract a chain restaurant, and talks are under way with Olive Garden. Also, developers are seeking a Books-A-Million bookstore, as well as a shoe store, bank, electronics-appliance store, dry cleaner and more.

Kohl's, a discount department store, targets families and shoppers in the 20- to 50-year-old age range. It will offer apparel, footwear and home accessories in its 90,000-square-foot store.

Target, its closest outlet on U.S. 19, expects to open in Suncoast Crossing in July 2009 with a 142,000-square-foot site.

Beth Gray can be reached at graybethn@earthlink.net.

Suncoast Crossing sputters in drive for top tenants 07/28/08 [Last modified: Wednesday, July 30, 2008 7:41pm]

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