130,000 square feet of Class-A mixed-use real estate to enter St. George market
St. George, Utah – Plans for the development of Commerce Pointe were released to the public at the St. George Area Economic Development’s annual Economic Summit. Located at the intersection of South Bluff St., Black Ridge Dr., and the I-15 interchange, Commerce Pointe will introduce 16 acres of Class A retail, office and entertainment facilities to the southwestern quadrant of the St. George business district.
Commerce Pointe comprises a joint venture between local St. George ownership including the Layton and Jennings families. JMI Property Services will be the project developer and manager. JMI Constructors will be the general contractor. Colliers International’s St. George office has been brought in to facilitate leasing within the development.
“This project has been more than 15 years in the making,” said Steve Jennings, president of JMI Property Services. “We look forward to introducing a diverse mixture of Restaurants and Retailers to energize, strengthen, and reinvigorate the southwest gateway of the city.”
A list of retail tenants was revealed at the unveiling. Highlighting the new restaurant locations at Commerce Pointe will be a second full-service Chick-Fil-A in St. George with dual drive-through entrances. Also planning to join the project are Jersey Mike’s Subs, Blaze Pizza, LongHorn Steakhouse, Crumbl Cookies, Mo Bettahs Hawaiian Style, Taco Bell and Beans & Brews. Go Wireless -Verizon will also join the growing tenant list.
“The number of national credit tenants joining Commerce Pointe demonstrates both the economic strength of the St. George market and the incredible quality Commerce Pointe offers companies looking to enter and grow market share within Southern Utah,” said Troy Scheel, vice president at Colliers International.
In addition to a noteworthy and diverse set of retail and restaurant tenants, an approximately 23,000 square foot Class A office building has already been significantly pre-leased.
“We expect to formalize announcements highlighting office users as well as more significant mid-box retailers and entertainment-oriented tenants over the coming weeks,” said Scheel. “The amount of attention this project has received is incredible. Commerce Pointe is one of the hottest destinations not only in St. George but also in the state of Utah as a whole.”
Commerce Pointe is set to celebrate the project with a public open house in the near future. For inquires regarding leasing opportunity at the development call Colliers International’s St. George Office – (435) 656-5500.
Commerce Pointe Site Ariel