Cornerstone Redevelopment

Location: 2153 SE Hawthorne Road

Key Partners: Santa Fe College CIED, City of Gainesville, local residents and businesses

Available Funding: $1,500,000 TBD

Cornerstone Redevelopment
Cornerstone Redevelopment

Objective

The Cornerstone redevelopment will transform the 13.6 acre campus around the Gainesville Technology Entrepreneurship Center (GTEC) on East Hawthorne Road. GTEC is a 30,000 sq. ft. business incubator, owned by the City and managed by Santa Fe College. Established in 2000, GTEC was the first technology company incubator in the City.

The CRA led the design of a commercial-focused mixed-use development with up to ten buildings, aiming to retain GTEC graduates in East Gainesville and attract new businesses to the area. In 2016 Merieux NutriSciences, an international food testing company, announced their plans to relocate to a new facility on the Cornerstone Campus. Concept Companies construction of the 22,700 sq ft Merieux facility is well underway with an expected completion date in February of 2019. Construction of the Phase 1 infrastructure site improvements is substantially complete with the exception of the areas adjacent to the Merieux building.

Avison Young (Formerly Front Street Realty) is actively advertising the additional development opportunities. For more information and who to contact, go to the listing.

Milestones Accomplished

  • Master plan complete and adopted, 3/2015
  • Developer solicitation and selection completed, 4/2014
  • Phase 1 construction substantially complete
  • Branding, marketing and business recruitment underway
  • Construction of Merieux Building nearing completion

Next Steps

Partner with developers and potential tenants to construct additional buildings on site. Complete site and infrastructure improvements. Implement branding and marketing strategies.

Contact Information

352-393-8200

info@gainesvillecra.com

Last Updated On: Last updated on March 6, 2018

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