Neptune Beach Kmart to be turned into retail, entertainment and hotel development

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Saltwater Row Neptune Beach

Developers plan to convert a former Kmart site in Neptune Beach into a retail, entertainment and hotel development.

TriBridge Residential and TLM Realty Corp. announced their intentions in a Sept. 23 news release, giving the project the name Saltwater Row.

“Our goal is to transform a sluggish plaza into a dynamic shopping and entertainment destination with curated retail, restaurants and hotels, attracting locals and visitors alike,” said TriBridge Residential Principal of Development Katherine Mosley.

Plans for the first phase call for a  two-story building with 30,000 sq. ft. of retail on the ground floor with a 44-room boutique hotel above.

The developers hope to begin construction in early 2020.

The second phase would include a 150-room upscale hotel.

Saltwater Row’s retail offerings are being “carefully curated and will complement the vibrant lifestyle experience available in the nearby Beaches Town Center including local chef-driven concepts, fitness activities, boutique stores and entertainment,” the news release said.

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