Exciting news for Gainesville! On University Avenue, directly across from the University of Florida, there is soon to be new retail and restaurant space. There are plans for rooftop and outdoor dining as well. Gainesville commercial real estate will most definitely benefit from the addition of this new shopping center.
By Anthony Clark | The Gainesville Sun
The Presbyterian and Disciples of Christ Student Center across from the University of Florida campus is slated for redevelopment as a restaurant and retail center called U14 with up to seven suites.
Officials with the Presbyterian Synod of South Atlantic, which owns the property at 1402 W. University Ave., could not be reached for comment. The student center’s website shows no events scheduled there after 2010, while Presbyterian churches in town have held college student services.
The 35-year-old Burrito Brothers Taco Co. restaurant moved to the back of the building in 2006 before its location at 16 NW 13th St. was demolished as part of the now dormant University Corners development project.
“Burrito Brothers is an institution in Gainesville. We’re doing everything possible to make sure they stay and hopefully expand their presence in the building,” said Nick Banks of the Front Street Commercial Real Estate Group.
Front Street started marketing the project this week and Banks said it already has six national restaurants that are “extremely interested.”
Plans call for closing in the covered porch facing University Avenue and expanding the building back toward Northwest First Avenue. The plan includes a rooftop deck and 6,000 square feet of outdoor dining space. The developer, which has a contract to buy the property, held a design contest for UF architecture students for ideas. It is expected to be complete in summer 2013.
The developer is a partnership of Keith Crutcher and David Selznick. Crutcher owns Gainesville Real Estate Management Company with properties that include the UF Plaza, home of Copper Monkey, Pita Pit and Munchies 420, among others. Selznick is a UF grad with a Chicago real estate investment firm.