Newk’s Eatery confirmed Tuesday it will open in the Town Center Exchange, a development planned along Town Center Parkway.
The Jackson, Miss.-based restaurant chain expects to open there by early 2017. It recently bought two existing franchised stores in Jacksonville and intends to open a San Jose Boulevard location in January and add another five restaurants in Northeast Florida within several years.
The Town Center Exchange property is under contract to Core Property Capital, which wants to develop apartments, a hotel and retail and restaurant space.
Town Center Exchange is adjacent to the proposed Strand retail center. That property is under contractor to Preferred Growth Properties. An apartment community and the Hobby Lobby chain have confirmed plans to open there. Hobby Lobby wants to open in mid-2017.
Carrie Smith, regional managing partner with Franklin Street, represents Newk’s Eatery in its site transactions in North Florida.