Jacksonville, FL brokers tell GlobeSt.com the 40-acre Jacobydevelopment site is on the west side of State Road A1A, adjacent toMarineland.

Besides the new commercial development, Jacoby plans startconstruction in September on a new dolphin lagoon complex whereMarineland visitors would be allowed to feed the wildlife, pet thedolphins, scuba dive and snorkel in the five-acre, 450,000-gallonoceanarium structure that gained world-wide attention when itopened in 1938.

For Jacoby, a longtime Atlanta area developer, taking on the newchallenge is just another task on his things-to-complete laundrylist. He and the American International Group of New York arebuilding the $2 billion, 138-acre, mixed-use Atlantic Station inMidtown Atlanta. In suburban Orlando, Jacoby and Michael B. Vlass,another Atlanta developer, plan to build the $150 million,one-million-sf Altamonte Town Center in Altamonte Springs, FL.

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