The new building at 251 Maine St. replaces the planned Assisted Living Facility on the original CCWO Master Plan.
Fugleberg Koch designed the 20,000-square-foot Mission-style building, which has retail shops on the ground floor and offices upstairs. The building's signature element is a nearly 70-foot high tower with an observation deck.
Plans filed with the St. Johns River Water Management District indicate the project includes site development for a second commercial building to be constructed at a later date.
The master-planned CCWO community is projected to contain 823,000 square feet of commercial space, 1,720 residential units and a hotel.
Park Development kicked off horizontal development in 2017 and has been in vertical construction for the first two condominium/retail buildings for much of this year. The 8-story buildings have 500 condo units, more than 200,000 square feet of retail space -- including more than 50,000 square feet of waterfront dining on Lake Bennett -- and a 215-room Hilton Garden Inn.
The concrete topping slab is scheduled to be competed in December, according to the developer's website. The Phase 1 retail component is scheduled to open in October 2019.