PORT ST. LUCIE, FL – Joint-venture partners, PEBB Enterprises and Banyan Development have secured a contract to acquire 15 acres of land for the development of a grocery-anchored shopping center within the master-planned community, Tradition, in Port St. Lucie, FL.
Upon closing the acquisition, the partnership plans to construct a 71,000-square-foot neighborhood shopping center, titled the Shoppes @ the Heart of Tradition. The partners are currently in discussions with potential grocery tenants for the development.
The project's name, the Shoppes @ the Heart of Tradition, serves as an ode to its location near the master-planned community's heart sculpture, which is being designed and constructed by artist, JEFRË.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
