Publix is planning to build its fourth and fifth supermarkets at Lakewood Ranch. Shown above is the northeast corner of State Road 70 and Lorraine Road where one of the stores would be built. On the backside of this pasture is an East Manatee Fire District station. James A. Jones Jr. jajones1@bradenton.com
An Ohio real estate developer plans to build a Publix-anchored shopping center at University Parkway and Lorraine Road.
An affiliate of North American Properties just bought a vacant 19-acre tract for $3.32 million from Schroeder Manatee Ranch Inc., the master developer of Lakewood Ranch.
NAP has taken a $16.2 million construction loan from USAmeriBank of Clearwater to finance the project, court records show.
The project, which documents indicate will be called University Corner, also will contain other retail/commercial tenants plus four outparcels for development.
Lorraine Road was just opened between University Parkway, the dividing line between Manatee and Sarasota counties, and Fruitville Road.
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