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19 Aug, 2020

Infrastructure work commences at Crescent B Commons shopping center at Babcock Ranch: Vertical construction scheduled to begin fourth quarter 2020

BABCOCK RANCH, Fla. (Aug. 18, 2020) – Infrastructure work is now underway at Crescent B Commons, the Publix-anchored 82,640-square-foot shopping center at a new entrance to Babcock Ranch being constructed about one mile south of the existing entrance on Babcock Ranch Road/State Road 31.

The 48,387-square-foot Publix will also feature a drive-thru pharmacy. Crescent B Commons is currently 65% leased, with Publix Liquors, Encore Nails, Pi Pizza and M’xuma Tacos executing leases in the past 90 days. The shopping center contains 19,600 square feet of in-line space, as well as three available outparcels along Cypress Parkway totaling 14,653 square feet. Kitson & Partners, the developer of Babcock Ranch, is seeing steady tenant demand in categories including restaurants, health care, pet care, financial services, and general daily needs, such as dry cleaners, pack and ship, and salons and spas.

Vertical construction of Crescent B Commons is slated to begin in the fourth quarter of this year, with a projected completion of summer 2021.

“As Babcock Ranch continues to grow, we are excited to offer our residents and neighbors in the area the convenience of a nearby Publix and additional services, shops, and multiple dining options,” said Kitson & Partners’ President and Chief Investment Officer, Tom Hoban. “Crescent B Commons will align with Babcock Ranch’s distinctive style, with outdoor areas offering opportunities for shoppers to sit and enjoy the natural beauty of our area.”

Earlier this summer, Babcock Ranch was named to the RCLCO Real Estate Advisors’ Top 50 list, ranking 39th among the country’s top-selling master-planned communities. Babcock Ranch’s RCLCO ranking was based on 230 mid-year sales reported from January to June. Babcock Ranch also is ranked as Southwest Florida’s top master-planned community based on Metrostudy data on single-family home annual starts in Charlotte, Lee and Collier counties.

Babcock Ranch was created by Kitson & Partners with respect for the natural environment and the philosophy that smart growth and sustainability work hand in hand. Half of the town’s 18,000-acre footprint is set aside as greenways, parks and expansive lakes, providing recreation and scenic backdrops for Babcock Ranch’s homes and the Founder’s Square downtown district.

Emphasizing a distinct sense of place that nurtures a sense of community, Babcock Ranch promotes healthy living through a walkable community plan with 50 miles of planned biking and hiking trails, the 4.5-acre Jack Peeples Park with tennis, pickleball and basketball courts, interconnected lakes for paddling enthusiasts, a robust calendar of exercise classes, and the Healthy Life Center managed by Lee Health at Founder’s Square, with health club facilities, nutrition counseling, therapeutic services, and medical offices.

Table & Tap restaurant, Slater’s Goods & Provisions, Square Scoops Coffee & Creamery, Curry Creek Outfitters, and Babcock Neighborhood School welcomed the greater community to Founder’s Square even before the arrival of the town’s first residents. Founder’s Square is also home to Bloom Academy, offering infant care through VPK, and The Hatchery and Hive co-working classroom and meeting spaces.

A sprawling downtown park offers a lakefront bandshell, boardwalk, covered pavilions, and charging stations for electronics, including cars.  With plans to expand into On Demand services, goods delivery and hourly/daily car rentals, Babcock Ranch will continue offering compelling mobility solutions that reduce the need for car ownership in the new town.

Nearing the 800 homes sold milestone, Babcock Ranch has nine homebuilders offering more than 50 home designs for nearly every lifestyle, from condominiums to villas to single-family estates ranging from 1,120 to more than 4,000 square feet. Homes appeal to young millennials, families, empty nesters and retirees alike, with prices ranging from the low $200s to over $1.5 million. Built to Florida Green Building Coalition standards, homes emphasize energy and water conservation and a healthy indoor environment and offer a full gigabit of fiber-optic connectivity.

Babcock National brings golf to Babcock Ranch with a newly opened 18-hole Gordon Lewis-designed course as the centerpiece of Lennar’s new lifestyle community.

Within Babcock Ranch’s seven welcoming neighborhoods, more than two dozen models and quick-delivery homes are now open or under construction by AR Homes by Arthur Rutenberg, Divco Custom Homes, Florida Lifestyle Homes, Fox Premier Builders, Lennar, Meritage Homes, Pulte Homes, Stock Classic Homes and WCI. Many models are open for viewing daily.

For more information about Southwest Florida’s new hometown, located just northeast of Fort Myers off Babcock Ranch Road/State Road 31, visit the Woodlea Hall Discovery Center at 42850 Crescent Loop in Babcock Ranch, call 877-709-6620, or visit www.BabcockRanch.com.

Cutline: Infrastructure work has commenced at Crescent B Commons at Babcock Ranch, the new Publix-anchored 82,640-square-foot shopping center located at a new entrance to Babcock Ranch, about one mile south of the existing entrance.

Contact:

Tina Matte, Gravina, Smith, Matte & Arnold Marketing and PR, 239-275-5758, [email protected]

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