Palm Coast Developments For 2008

By
Real Estate Agent with Trademark Realty Group of Palm Coast

Many are often wondering what exactly is going on in Palm Coast, and it can sometimes take some digging to find out.  The following are some useful links to search for development information and a recent article from the Daytona News Journal which provides an overview of major projects in the area.  As you'll see, there are some pretty exciting developments for 2008 and beyond. 

  • Development/Project Websites:
    • Town Center - This is probably one of the most talked about developments in Palm Coast.  This is a large-scale project with several phases over the next several years.  The full vision of the project is a "city within a city" that will encompass housing, shopping, community, and government.
    • Palm Coast Park - This is another multi-phase devlopment project along the US1 corridor.  Residents are already beginning to see the beginnings as 2 linear parks are being built along the north end of Palm Coast on US1 with walkways stretching along either side.  This also is a large-scale project that is envisioned to include housing, shopping, and business.
    • City Walk - This is a retail, office, and storefront project behind the Wal-Mart on Cypress Point Parkway. 
    • Cobblestone Village - Cobblestone Village is a shopping plaza which opened this past fall with its two anchor stores, Lowes and Belk's.  Other businesses presently includes Mattress Giant, Super nails, China King, and Pronto Italian Restaurant.  More businesses are planned for the center. 
    • Epic Theatre - A planned 14 cinema movie theater planned to be within Town Center.  Epic Theatre is a Florida-based company which has location in Northeast Florida and other states.  Ground-breaking is scheduled for early 2008.  Click here to read Epic Theatre's announcement of their approval in Palm Coast.
    • Search Public Records - Since all development projects must go through the Planning Board and Permit Applications, you may also search the Public records found on the City of Palm Coast's website.  Click the following links to begin your search today
  • The article from the Daytona News Journal 12/29/2007:

Housing slowing, but commercial projects to start

By KARI COBHAM
Staff Writer

PALM COAST -- Despite a housing market slump that has pushed the county's unemployment rate higher, there are several projects under way or about to start that could be a silver lining for those dark clouds.

With almost 200 projects approved or under review by the planning department, the city has a laundry list of developments breaking ground in 2008.

The 74 commercial and retail developments approved since January account for 55 percent of all approved projects -- 60 more than last year.

"We've been aching for commercial activity for a long time and we're really starting to get a lot," planning manager Ray Tyner said.

The surge in commercial development follows the city's rapid residential growth.

"I believe the residential market is right-sizing, if you will, and the end result of the construction market being as slow as it is has given a phenomenal opportunity to commercial developers, because the construction-related businesses out there are now in the position to be available and not tied up with residential development," said Ira Corliss, Palm Coast economic development coordinator.

And that population growth has helped fuel commercial development.

"Typically what happens is retail follows roofs," Tyner said.

In 2006, Flagler County was dubbed the fastest growing county in the U.S. by the Census Bureau. And since 2000, Palm Coast's population more than doubled to more than 68,000 residents in 2006, the bureau reported.

Here's a list of what has recently opened or is on tap for 2008:

COBBLESTONE VILLAGE

WHERE: Cypress Edge Drive

WHAT: 288,949-square-foot retail complex with a Belk department store and Lowe's Home Improvement Center. An 11,088-square-foot Golden Corral restaurant is also scheduled.

WHEN: The Golden Corral should be open by mid-2008

COLBERT LANDING

WHERE: Colbert Lane and State Road 100

WHAT: A 432-lot, single-family subdivision and 160-unit condo development called the Preserve at Palm Coast. Also, some 80 acres of commercial development, including a drug store, bank, shopping center and hotel.

WHEN: Groundbreaking for the commercial development expected by mid-2008

INTEGRA WOODS AT PALM COAST

WHERE: Near Seminole Woods Parkway to the east of U.S. 1

WHAT: 482 multifamily apartments. First phase: 310 luxury apartments with attached garages

WHEN: Construction to begin in early 2008 with the first building open by fall 2008

PALM COAST PARK

WHERE: North of U.S. 1 and Palm Coast Parkway

WHAT: A planned community with residential, commercial, retail, a school and 7.2 miles of trails for biking and walking

WHEN: Construction to begin in early 2008

SAWMILL CREEK

WHERE: In the northern part of Palm Coast Park

WHAT: A 500-acre mixed development with 279 and 127 single family lots with a golf course, school, community park and some retail

WHEN: Construction to begin in early 2008

TOWN CENTER

Brook Haven

WHAT: 134 condo units

WHEN: Unconfirmed groundbreaking

City Center

WHAT: Three 3-story buildings with 69,280 square feet of retail, office and restaurant space

WHEN: Unconfirmed groundbreaking

City Place

WHAT: Five buildings with 30,367 square feet of retail, office and restaurant space

WHEN: Unconfirmed groundbreaking

Epic Theater

WHAT: 14-screen movie theater with 17,252 square feet of restaurant and retail space

WHEN: Construction to begin in early 2008

Hilton Garden Inn

WHAT: 6 stories of 121 rooms

WHEN: Estimated completion date set as August 2008

Target

WHAT: Other stores planned for shopping center: McDonalds, PetSmart, Linens-N-Things, Ross, Famous Footwear, Michaels Arts and Craft store, TJ Maxx

WAL-MART SUPERCENTER

WHERE: 5975 Old Kings Road

WHAT: 187,488-square-foot retail space

WHEN: City hopes construction will begin by late spring to mid-2008

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Posted by

Kathleen West, Realtor
Trademark Realty Group of Palm Coast

416 South Central Ave Flagler Beach, FL  32136 | Office: (386) 446-5930 
Email:  Kathleen@PalmCoastHomeShow.com
www.PalmCoastHomeShow.com

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Comments (2)

Gary White~Grand Rapids Home Selling Pro Call: 616-821-9375
Flexit Realty "Flexible Home Selling Solutions" - Grand Rapids, MI
Real Estate Services You can Trust!

Kathy this is a very detailed update to outline all the developments that going impact 2008 in your area.  Nice post and well put together.

Jan 04, 2008 03:22 PM
Anonymous
Anonymous

I wouldn't recommened Integra Apartments to my worst enemy.

Oct 21, 2009 12:52 AM
#2