PEBB Enterprises and Banyan Development Generate Joint venture secures seven new tenants in past 60 days at Aldi-anchored shopping center in Port St. Lucie, FL

 

Jenny Schuemann

PORT ST. LUCIE, FL –– PEBB Enterprises and Banyan Development completed seven new leases in the past 60 days at the joint venture’s Shoppes @ the Heart of Tradition project in Port St. Lucie’s master-planned Tradition community.

The 71,000-square-foot project is anchored by popular supermarket chain Aldi and has a well-known overall tenant roster.

The newest tenant signings are:

• Ace of Carts (golf cart retail store), 1,950 square feet
• Carmela Coffee, 1,800 square feet
• Cooper Orthodontist, 1,800 square feet
• The Joint Chiropractic, 1,604 square feet
• Papa John’s Pizza, 1,602 square feet
• Robeks Smoothie, 1,340 square feet
• Swift Mediterranean Grill, 2,770 square feet
•  

The recent flurry of activity leaves the project with only three inline spaces available for lease within the center and three outparcel pads available for ground lease, ranging from 1 to 2.8 acres.

 Jason Sher

“Our project continues to be extremely well-received by retailers and food-and-beverage operators,” PEBB Vice President of Leasing Jenny Schuemann said. “These tenants perfectly complement Tradition’s rapidly growing residential population. We anticipate reaching ‘fully leased’ status very soon.”

Aldi is leasing 19,231 square feet at the center. Other signed retail and food-and-beverage tenants include Kyle G’s Amore Chop House, Spanish restaurant Port Tradition, Tomalty Dental, Peach Cobbler Factory, Picasso Nails, Rita’s Ice, a restaurant chain that specializes in Italian ice and frozen custard.

PEBB and Banyan expect to complete exterior construction in summer 2024, with tenant buildouts commencing then.

“Construction of Shoppes @ the Heart of Tradition is progressing smoothly,” Banyan Development Principal Jason Sher said. “The community has been clamoring for new service-oriented retail and dining options, and we are excited to fill that void.”

Shoppes @ the Heart of Tradition is being developed on a 15-acre site just south of the intersection of Tradition Parkway and the I-95 interchange along Village Parkway and Mattamy Homes’ Manderlie residential community.

 It will also provide direct access to residents of Telaro at Tradition, Mattamy’s upcoming premier 55+ active-adult residential community.

The project name is a nod to its location adjacent to the “Heart” sculpture by acclaimed international artist JEFRË designed and constructed at Tradition.

Mattamy partnered with BEEP Autonomous Solutions to create an autonomous vehicle network – Tradition in Motion (TIM) – that is operational throughout the community. PEBB and Banyan’s project site connects to a main drop-off/pick-up area for the autonomous shuttles.

For Shoppes @ the Heart of Tradition leasing inquiries, contact Jenny Schuemann at jschuemann@pebbent.com at (561) 613-4020.

  

 Contacts: 

Eric Kalis/Daniel Benjamin

954-370-8999

ekalis@boardroompr.com/dbenjamin@boardroompr.com

 

Daniel Benjamin

Account Director

dbenjamin@boardroompr.com

C 954-618-8287

O 954-370-8999

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www.banyandev.com.

https://pebbenterprises.com/.