JACKSONVILLE, FL—Significant population growth continues topropel the retail market in this region. The growth has encouragedthe start of several new, large-scale, mixed-use developments inDuval, St. Johns and Nassau Counties, and enticed new brands andretailers to enter the marketplace, Ernie Saltmarsh, a seniorassociate with Colliers International in Jacksonville, tellsGlobeSt.com.

"As the largest city in the contiguous United States based ontotal land size, Jacksonville has plenty of room for newdevelopment, which has taken place at a healthy rate over the lastfew years," he says. "Supply has kept up with demand and resultedin strong, yet stable, rents for landlords. The St. Johns TownCenter remains the epicenter for retail for the region, however newdevelopments are under construction that will be similar in termsof quality and tenancy."