A Sembler spokesperson declined to disclose the project's development cost. "We don't discuss monetary values," However, area construction sources familiar with comparable large-size retail undertakings in Florida tell GlobeSt.com the recent price rise in materials will probably mean the center will be built for no less than $125 per sf or about a total $107 million.

Minneapolis-based Target Corp. plans a SuperTarget store at the center which will probably total 215,000 sf, area retail brokers tell GlobeSt.com. The developers will also be selling off nine outparcels surrounding the center.

The project was undertaken because of the rapid residential growth and population in Metro Jacksonville, Sembler president and CEO Craig Sher says in a prepared statement. "The Oakleaf Plantation area is booming with growth and thousands of new homes are popping up every year," Sher says. "We are filling a need for residents to shop, dine and play close to where they live."