Site work under way for new east Gainesville shopping center

GAINESVILLE - Work is underway in east Gainesville on the site where a new shopping center, New Holland Market.

The complex, which will be located at the Jesse Jewell/Limestone parkway intersection, will be anchored by a 123,000 square foot Kroger Marketplace grocery store and will offer an additional 20,000 square feet of retail space. In addition, nine outparcels will be created on both sides of Jesse Jewell Parkway and 26 acres will be made development-ready for additional retail, medical office or multi-family use.

It's been two years since word first surfaced about plans for the shopping center. (See link to earlier story.)

"We at Pacolet Milliken look forward to bringing Kroger and New Holland Market to the Gainesville area," said Richard Webel, President of Pacolet Milliken Enterprises, Inc.

"We believe that New Holland Market will be a catalyst for a renaissance in the New Holland area of Gainesville," added Ned Long, Executive Vice President of Pacolet Milliken. "We hope that the success of this development will create additional opportunities for further development."

Site work has begun and Kroger will open in the spring of 2014. Pacolet Milliken is the owner of New Holland Market. Carolina Holdings, Inc. will develop the property and act as the property manager and leasing agent.

About Pacolet Milliken Enterprises, Inc.
Pacolet Milliken Enterprises, Inc. is a private, family-owned investment company founded in 2007 by the shareholders of Milliken & Company with a mission to secure and grow high-quality assets with enduring value in the energy and real estate markets. For more information, please visit www.pacoletmilliken.com.

About Carolina Holdings, Inc.
Carolina Holdings, Inc. is a full service real estate firm headquartered in Greenville, South Carolina. The firm has invested more than twenty-six years of experience into commercial development, asset management and consulting for a select group of tenants and clients. For more information about Carolina Holdings, please visit the company website: www.choldings.com.