PALM COAST, Fla. – The residential rooftops are filling in and now it’s time for the commercial to follow suit in the Innovation District of Town Center.
The long-awaited groundbreaking for the sprawling 17.35 acres of urban hub known as The Promenade at Town Center has been two and a half years in the making according to William P. Angrick III, founder of Persimmon Capital.
Angrick, a Flagler Beach resident, is helping bring to life the vision for Town Center dating back to 2003 while incorporating feedback shared by the next generation of Palm Coast residents who participated in focus groups to identify those attributes and amenities that would make the area an attractive place to live, work, and raise a family.
The Business of The Promenade
The reinvestment of dollars back into the community by area business owners and the attraction of new businesses to The Promenade enhances the value of the walkable, mixed-use development that will feature 56,793 sq ft of business space with a variety of shops, restaurants, offices and more on the first floor.
“The Promenade at Town Center represents a significant step forward in urban development for the city of Palm Coast and fulfills the original vision for this area,” said Angrick. “With its unique mix of retail, dining, institutional and residential spaces, coupled with its walkability and proximity to the UNF and JU satellite campuses, The Promenade will not only enhance the local landscape but also create a hub of activity and community engagement.”
Greg Blose, President and CEO of the Palm Coast Flagler Regional Chamber of Commerce anticipates an uptick in jobs, starting with the construction process, and the addition of new commercial businesses to the tax base.
Overall, the project sets in motion long awaited Town Center development in a tangible way.
“I think it’s a game-changer, not just because of the size of the project but because of the location right here at Central Park,” said Blose. “These projects take years to even get to this point and so I think when people start to see this, we’re going to have shops, right here on Central Ave, right behind FPC, we’re going to have some residential, some other uses here, it’s really going to be a positive. It’s going to be a mental game-changer for a lot of folks here.”
Active Lifestyle, Healthy Communities
As Flagler County continues to diversify its housing inventory, The Promenade will add to the offerings, especially for those who enjoy an active lifestyle. With a pool and pickleball courts on site, and close proximity to the area’s walking and bike trails, The Promenade’s studio, one and two-bedroom apartment homes will meet the needs of a variety of residents from young professionals all the way to on-the-go seniors.
“We are excited to break ground on The Promenade at Town Center to bring this visionary project to life,” stated Frank Mendola, Director of Development with Persimmon Capital, as they hit the ground running.
“We have other parcels we’ve purchased in the area to do other phases. The same type of mixed-use development too, so we’re very excited about it,” added Mendola. “We always felt that Palm Coast was a diamond in the rough so now it’s finally coming to fruition and we love it.”
“We’re going to have all different types of mixed-use commercial, industrial, and institutional use here too. One big thing is the people are really looking forward to the restaurants more than anything,” he said.
Billed as a best-in-class development, Palm Coast Mayor David Alfin looks to the future of Town Center with great optimism.
“We saw a concept of what Town Center could be,” said Alfin. “This is the first step in what will become the actual not visualization but the actual build of Town Center as it was originally envisioned. What’s happening today is we’re connecting the past to the present which is the build of all of this and then looking forward to the future.”
