Jacoby Racing To Daytona

Leave it to Jacoby Group of Cos to spearhead what could be one of the nations most ambitious mixed-use projects post Great Recession. Its in conjunction with the International Speedway Corp.

During this weeks ICSC RECon convention in Las Vegas (Bisnow has multiple reporters there),Jacobys Jim Jacoby and Brian Leary gave us an exclusive peek into the firms latest mega project--a 1.1M SF mixed-use development directly connected to the Daytona International Speedway called One Daytona. The development--if the partnership can pass municipal muster and round up local incentives--will contain apartments, 500k SF of retail,and two hotels. Over the course of years, ISC assembled 180 acres of land contiguous with the NASCAR racetrack and the firms 200k SF HQ. Jacoby already has LOIs from a major outdoor sporting goods retailer and a movie theater. Click the video to hear Brian describe one of its three parts.

One of Atlantas most famous CRE attorneys is also involved in the Jacoby project. We ran into Arnall Golden Gregorys Abe Schear, who's assisting Jacoby and ISC; the partnership hopes to get started by early next year for a delivery by the end of 2015.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Atlanta Newsletters
Related Stories

1375 Peachtree: A Bespoke Design Redefining The Midtown Atlanta Workspace

Furniture Outlet The Dump Is Getting Dumped In Atlanta

Downtown Atlanta Improvement Group Picks Food Bank Chief As Next Leader

Trump's DEI Crackdown Is Creating New Risks For Landlords That Lease To The Government

Brandon Johnson Seeks Second Term Amid Strained CRE Relationship

Thor Equities Plans $1B Data Center In North Georgia: The Atlanta Deal Sheet

Former CBRE Exec Suing Brokerage Giant Over Age Discrimination, Whistleblower Complaint

D.C. Investor Behind The Stacks Swaps CEO For First Time In 25 Years

Solar Projects In Georgia Meet Local Backlash As Data Centers Drive Demand For Power

CBRE IM Buys Net Lease REIT For $1.6B, Plans More Investment

The Difference Between Service And Hospitality That Makes A Flexible Workspace A Success

Beyond The Boom: How Miami's CRE Market Continues To Be Resilient