The former Kmart building at 500 Atlantic Boulevard is shown on Thursday, Oct. 22, 2026. | Sheldon Gardner, Jacksonville Daily Record
Published on October 26, 2026 at 10:57 am
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Plans for the former Kmart at 500 Atlantic Blvd. include demolishing the building and replacing it with a hotel, two restaurants, and office and retail space, the developer says.
TriBridge Residential owns the property and is developing the Neptune Beach project, which is expected to cost more than $100 million, said Jacksonville attorney Steve Diebenow, who represents TriBridge and spoke with the Jacksonville Daily Record about the project. The proposed development is called Town Center West.
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The project needs variances and development plan approval to be built, Diebenow said. From there, it will take about 9-12 months to get through design and permitting.
Read the rest of this story at the Jacksonville Daily Record, a Jacksonville Today news partner.
