Franklin Street Scores Palm Coast Retail Center Leasing Deal

Franklin Street’s Retail Services team has been selected to lead leasing for The Promenade at Town Center, a 230,000-square-foot mixed-use development in Palm Coast, Florida. The development includes 204 residential units and 57,000 square feet of commercial space, targeting a mix of retail, restaurant, and professional office users. Persimmon Capital Partners is the owner and developer of The Promenade. The project broke ground this past July and is scheduled to be delivered in early 2026.

The Promenade, located in the 2,050-acre Palm Coast Town Center neighborhood, will feature a mix of retailers, coffee shops, restaurants, service providers and working spaces on its ground floor. The project’s upper floors will offer studio, one and two-bedroom apartment residences with balconies.

Palm Coast is the largest city in Flagler County, the third fastest-growing county in Florida, which is the fastest-growing state in the country.