The Shoppes at Yellow Pine in Babcock Ranch, the first solar-powered town in the United States, are leasing up. Katz & Associates’ Jon Cashion and Eric Spritz, representing Kitson & Partners have signed Marshalls (22,470 square feet), Ace Hardware (15,000 square feet), Five Below (9,486 square feet), Oar & Iron (5,500 square feet), Tipsy Salonbar (3,000 square feet), Fountain Pools (2,600 square feet). Seymour Orthodontics (2,500 square feet), Yummy Thai & Chinese (1,900 square feet), Verizon (1,600 square feet), Papa Johns (1,500 square feet), Carvel (1,300 square feet) and Laser Lounge (1,300 square feet) to the property.
The Shoppes at Yellow Pine is set to deliver to tenants the first quarter of 2025 with the retailers slated to open in early 2025. The next several centers are in the works, with drive-thru positions, free-standing lakefront restaurants, box and outparcel opportunities.
Cashion and Spritz have also recently signed three more tenants — Starbucks, Fifth Third Bank and Fiore + Ela Salon (slated to open early 2024) — to Crescent B Commons, the center across the street from the planned Shoppes at Yellow Pine. They join retailers at Crescent B Commons, including Publix, Pi Pizza, Royal Paw Groomer, Heartland Dental, Great Clip and Pet Supermarket.
These leases mark 24 deals Katz has signed at Babcock Ranch for over 120,000 square feet within the first two shopping centers in the city.
“It’s been exciting to help take this grand-scale project from scratch to a robust multi-center retail hub,” said Cashion and Spritz. As the next handful of large projects come to life, we are excited to work hand in hand with Kitson’s leadership to bring best in class retail, office, and industrial users to serve the community.”
Located at SR-31 and Cypress Parkway, Babcock Ranch is an 18,000-acre “new town” development in Southwest Florida. It’s entitled for 19,500 residents and six million square feet of commercial space.
