Malls · Florida
Treasure Coast Square
Proposed redevelopment of Simon-owned mall into mixed-use with 760 housing units, pending zoning change. · summary, model-written
Solid = from the authors' map · outlined = public source · dashed = model-written, not yet reviewed by a person. Tap any value's source label to see where it came from. documented = a quoted excerpt (click to read it) · reported = a source named, no excerpt yet · no source.
Site profile11 elements · what this retrofit is built with · tap a chip for the evidence
Dillard's
This site: Dillard's wikipedia · all sites with thisJCPenney
This site: JCPenney wikipedia · all sites with thisMacy's
This site: Macy's wikipedia · all sites with thisRetrofit in the pipeline
This site: …proposed record · all sites with thisCounty typical rent $2,000+
This site: $2,263/mo zillow · all sites with thisRedeveloped
This site: The final build out would result in 760 residential units, an amphitheater, and tree lined sidewalks, with half of the existing commercial space. record · all sites with thisCivic and government
This site: …new_use field newtypes-extraction · all sites with thisEntertainment and sports
This site: …new_use field newtypes-extraction · all sites with thisHousing
This site: The final build out would result in 760 residential units, an amphitheater, and tree lined sidewalks, with half newtypes-extraction · all sites with thisPark and open space
This site: …new_use field newtypes-extraction · all sites with thisRetail (continued)
This site: …new_use field newtypes-extraction · all sites with thisNow
| Status | Retrofit proposedWikipedia no source |
|---|---|
| Strategy | Redevelopment, proposedWikipedia no source |
| New uses | civic, entertainment, housing, park, retailWikipedia no source |
| What is there now | The final build out would result in 760 residential units, an amphitheater, and tree lined sidewalks, with half of the existing commercial space.newtypes-extraction reported |
Planning
| Zoning change | Any future project involving residential development would require major zoning and land-use changes because the property is currently designated for commercial use only.newtypes-extraction reported |
|---|---|
| Planning notes | Approved by Martin County commissioners.Wikipedia no source |
Securitised debt and public filers
Filings (2001 to date) that name “Treasure Coast Square” and “Jensen Beach” (198 hits, first 100 sampled). No commercial-mortgage trust names this mall in the sample, which does not rule out a securitised loan. Text matches, not a title search. Open the search · all trusts.
| Kind | Filer | Filings | Dates | Forms |
|---|---|---|---|---|
| Public owner (strong) | SIMON PROPERTY GROUP INC /DE/ (SPG, SPG-PJ) | 97 | 2002-05-17 to 2026-08-10 | 8-K 78, 10-K 18, 8-K/A 1 |
| Public owner (strong) | SIMON PROPERTY GROUP L P /DE/ | 3 | 2003-03-31 to 2004-03-30 | 10-K 3 |
As reported by the owner
Property tables from the owner's annual report (Form 10-K, Item 2) on EDGAR, one row per filing year. GLA, occupancy and anchors are the filer's own figures at that year end; “leased” counts signed leases, “occupied” counts open stores; ownership is the filer's share. Matched by name and place, unreviewed; the verbatim table row is in sec_facts.csv.
| Year end | Filer | Name in filing | GLA sq ft | Occupancy | Years | Share | Sales psf | Anchors listed |
|---|---|---|---|---|---|---|---|---|
| 2025 | Simon Property Group 10-K, 2026-02-25 | Treasure Coast Square Jensen Beach, FL match: exact | 873,908 | 94.3% occupied | built 1987 | 100.0% Fee | Macy's, Dillard's, JCPenney, Regal Cinema, Elev8 Fun Indoor Adventure Park | |
| 2016 | Simon Property Group 10-K, 2017-02-24 | Treasure Coast Square Jensen Beach, FL match: exact | 876,257 | 94.9% occupied | built 1987 | 100.0% Fee | Macy's, Dillard's, JCPenney, Sears, hhgregg, Regal Cinema | |
| 2009 | Simon Property Group 10-K, 2010-02-25 | Treasure Coast Square Jensen Beach, FL match: exact | 878,213 | 89.7% occupied | built 1987 | 100.0% Fee | Macy's, Dillard's, JCPenney, Sears, Borders Books & Music, Regal Cinema |
Site context
| Housing permits, Martin County (FL), 2024 | 110 units in 5+ unit buildings, 12 in 2–4, 524 single-family; 2023: 341 in 5+Census BPS |
|---|---|
| Retail trade in the county, 2025 (BLS QCEW) | 9,790 jobs in 799 establishments; average annual pay $41,068; employment location quotient 1.27; employment +0.8% on the yearBLS QCEW 2025, NAICS 44-45, private |
| Jobs located in the tract, 2022 | 2,789 jobs; 625 in retail trade, 1,010 in accommodation and food (workplace blocks summed to tract 12085000200)Census LEHD LODES8 WAC 2022 |
| Upward mobility (Opportunity Atlas, 2010 tract) | children of low-income (25th percentile) families reached the 40th income percentile as adults; 6.1% incarcerated at the 2010 count (188 children in the sample); born 1978–83, measured 2014–15Opportunity Insights |
| Food access (USDA FARA 2019, 2010 tract) | low-access at 1 mile, not low-income; 20% of residents more than 1 mile from a supermarket; poverty rate 9.1%; median family income $81,339; 77 SNAP householdsUSDA ERS |
| Schools | Martin County School District (PK-12); 0 public schools within 1 mileNCES EDGE |
| Elevation | 19 ft above sea level at the site pointUSGS 3DEP |
| Storm events in the county, 2016-2025 | 69 county-logged events: 23 thunderstorm wind, 13 hail, 12 tornado, 5 lightning; $15,511,700 property damage reported; 2 direct deaths; forecast-zone events (most flood, winter and heat) not countedNOAA Storm Events |
| Homes for sale in ZIP 34957, 2026-09 | median list price $496,919 (+1.9% on the year); 249 active listings; median 80 days on market; 18% with a price cutRealtor.com Research |
| Retail trade in the county, 2012 to 2023 | 801 establishments (+8%); 10,868 jobs (+17%)Census CBP |
| Housing market in the county | typical home value $448,233 (+1% 1 yr, +20% 5 yr); typical rent $2,263/mo (+3% 1 yr), 2026-09Zillow Research |
| Traffic on the busiest road within 600 m (2024) | 12,700 vehicles a day on NE PINEAPPLE AVE (minor arterial, 2 lanes); 21 counted segmentsFHWA HPMS |
Summary, model-written
Treasure Coast Square, an enclosed mall in Jensen Beach, FL, is proposed for redevelopment. Martin County commissioners approved the plan. The project would replace half the existing commercial space with 760 residential units, an amphitheater, and tree-lined sidewalks. New uses include civic, entertainment, housing, park, and retail. Simon Property Group owns the site (per SEC filings).
Why. Zoning change required for residential component (current commercial zoning only). Housing market shows median rent at $1,499 (per record), with ZORI at $2,263/month (2026-09).
Where it stands. Status: proposed. Approved by county but requires zoning change. No construction timeline provided. Peer sites (e.g., Town Center at Boca Raton) share similar redevelopment strategies in FL.
For a planner
- Zoning change needed for housing
- 760 units align with local housing market (ZORI $2,263)
- Simon Property Group as owner (established developer)
For a developer
- Approved plan reduces regulatory risk
- Housing demand supported by median rent data
- Peer projects in FL validate strategy
What we do not know yet
- Exact zoning change process unknown
- No timeline for construction
- Full cost/budget not specified
Generated by qwen3-30b-a3b-64k:latest on Dell 5820 RTX 3090 (Ollama, qwen3-30b-a3b) from the fields, parcels, deals and context layers on this page, with no outside knowledge. It is regenerated when the record changes and has not been checked by a person. How it is made.
Similar sites
- Town Center at Boca Raton, Boca Raton, FL · Malls · same strategy: redevelop; also in FL
- Fashion Mall, Plantation, FL · Malls · same strategy: redevelop; also in FL
- Miracle City Mall, Titusville, FL · Malls · same strategy: redevelop; also in FL
- Winter Park Mall, Winter Park, FL · Malls · same strategy: redevelop; also in FL
Elsewhere on the web
Search images: Google · Bing · Commons · references: ULI case studies · Google Scholar
Multifamily screen
- already in play: under construction, approved, or sold to a developer with housing plans
- median rent $1,499
- housing in the record
Inputs: record fields (size, status) and county Census ACS 2018–2023 figures (growth, rent). How the points work. Not a recommendation.
History and original facts
| Anchors | Macy's, Dillard's, JCPenney, Regal Cinemas, Elev8 Fun entertainment center |
|---|---|
| County | Martin County |
| Census division | 5 · South Atlantic |
| Notes | Draft from cbs12.com, model-extracted, unreviewed: Treasure Coast Square, an enclosed mall opened in 1987 in Jensen Beach, Florida, is proposed for redevelopment into a walkable mixed-use village with 760 residential units, reduced retail space, and public amenities. |
Not yet recorded: acres, GLA, year opened, original developer, retrofit year. Know it? Tell us.
Timeline
- 1987 Mall first opened
Sources
- Martin County study envisions major transformation of Treasure ...
2 quoted sentences
Treasure Coast Square
It would be nice to have some stores come back again, said Nancy Leonard, who remembers when the mall first opened in 1987.