More plans are unfolding for Trevato Development Group’s vision for The Pondry, its rebranded 30-acre Allstate Campus office park, with retail and residential space.
JEA issued a service availability determination letter July 29 for The Pondry that details more of the vision.
The Allstate campus sits south of Butler Boulevard and west of San Pablo Road South.
The current eight-story and five-story connected office buildings, totaling 192,836 square feet, will remain while the two-story building across the parking lot is being removed.
Trevato proposes adding about 20,000 square feet of retail space, 36 residential town homes. 24 row houses and 190 residential condominium units, according to the JEA application.
A site plan shows 10 buildings for condos and town homes, three sets of row houses, a parking structure, first-floor retail, another retail structure and surface parking.
The site data totals 250 total residential units and 20,019 square feet of retail space.
In more detail:
• A proposed 850-space parking structure would be wrapped with several stories of 58 condo units over amenities and two first-floor retail areas totaling 10,600 square feet of space.
• Five buildings will comprise 132 condo units over parking.
• Four buildings will comprise 36 town homes over parking.
• Three sets totaling 24 proposed row houses will have yards and garages.
• One stand-alone retail building of 5,099 square feet and another 4,320 square feet of retail on a first floor will be built.
The property totals 29.77 acres.
The site plan is dated June 28. The architect is Valerio Dewalt Train of Chicago.
VIKA South LLC of Jacksonville is the applicant. VIKA specializes in project planning, engineering and design and has been active in the Jacksonville market.
Trevato said through a spokesperson Aug. 2 that it had no new information to share regarding The Pondry.
The marketing
CBRE is marketing the property as The Pondry “coming in 2024.”
The marketing brochure also hinted that residential uses were possible.
“The Pondry reflects how the modern workplace has evolved and adapted to our ever-changing world and way of life. The Pondry combines workspace, residential living, and commerce in a one-of-a-kind mixed-use ecosystem,” says the marketing brochure.
It says The Pondry’s office hub features co-work hoteling, meeting spaces, commercial office space and “first-class amenities.”
It says the location, at 1776 American Heritage Life Drive, is “surrounded by nature and only minutes from the Beaches and Downtown.”
The address also is known as 4920 San Pablo Road S.
The property
Jacksonville Beach-based Trevato announced the deal in a news release May 31, the same day it bought the property.
Through SP 1776 LLC, Trevato Development Group paid $20 million for the Allstate Campus office park on about 30 acres near Mayo Clinic in Florida.
It bought the property from American Heritage Life Insurance Co., a subsidiary of Northbrook, Illinois-based Allstate.
Trevato said in the release the property comprises three buildings totaling 235,484 square feet of commercial space.
Duval County property records show two of the buildings – eight floors and two floors – were developed in 1994 and the third – five floors – in 2001. The two-story building is the one to be removed.
Trevato said it was rebranding the property and completing designs, but could not provide details.
The release said the design and architecture team includes CD+urban studio architects/placemakers, headquartered in Jacksonville, as well as Valerio Dewalt Train, serving as the lead architect and designer on the project.
The CBRE real estate company will manage leasing for the development. First Vice President of Office Leasing and Sales Billy Kuntz and Senior Vice President Oliver Barakat will lead the efforts.
CBRE Senior Vice President Mike Harrell represented the seller in the deal, Trevato said.
Jacksonville-based American Heritage Life Insurance Co. developed the property when it relocated its headquarters from Downtown.
Allstate Corp. completed its $1.1 billion acquisition of American Heritage Life Investment Corp., a holding company for the insurance company, in October 1999.
“Allstate employees have more choice about where they work, and we no longer need as much office space,” Allstate said in a statement June 6.
“We’ll continue to utilize a portion of the Jacksonville office for employees who choose to work in person,” it said.
It did not detail how much space it uses.
Tenant improvements
Several tenants have been announced for the buildings.
Jacksonville-based Stellar Energy anchors the eight-story building and leased 34,600 square feet of space on the top two floors. It moved into the eighth floor in March and the seventh floor in June.
Hueman People Solutions, a talent recruitment firm launched in Jacksonville Beach, leases space among three floors in the eight-story building, on part of the second and on the full third and fourth floors.
Allstate is remodeling space on the third, fourth and fifth floors in the five-story building for Allstate Benefits, part of Allstate Insurance Co.
Trevato Director of Operations and Portfolio Katelyn Taylor said in the May 31 news release that Trevato has pre-leased more than 120,000 square feet of total space based on its plans “to reimagine the campus to lifestyle office.”
It did not announce who has pre-leased space.