The property is adjacent to the under-construction, $129 million, 325,000-sf, six-story Florida Hospital Waterman tentatively scheduled to open in summer 2003.
Joint developers Watkins Retail Group of Orlando and Peregrine Properties Inc. of San Francisco are betting an estimated 5,000 medical employees and workers at nearby clinics and medical supply companies, along with a growing residential base, will become part of the critical mass needed to support the 44-acre Triangle MarketPlace scheduled to open in October 2002.
"These people have done their home work and are knowledgeable in our area, and that makes me say the project will be successful," Will Walker, a longtime Lake County and Tallahassee, FL commercial broker tells GlobeSt.com.
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