{"id": "n-9fa9b424a2", "slug": "jensen-beach-treasure-coast-square", "type": "mall", "name": "Treasure Coast Square", "aka": [], "city": "Jensen Beach", "county": "Martin County", "state": "FL", "country": "US", "census_division": 5, "lat": 27.25005, "lon": -80.23042, "geocode_method": "nominatim-city", "address": null, "metro": null, "original_use": "enclosed mall", "year_opened": null, "year_closed": null, "acres": null, "gla_sqft": null, "stores_peak": null, "levels": null, "original_developer": null, "original_architect": null, "before_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.", "strategy": ["redevelop"], "new_use": ["civic", "entertainment", "housing", "park", "retail"], "share_retrofit": null, "status": "proposed", "year_retrofit": null, "developer": null, "architect": null, "after_notes": "The final build out would result in 760 residential units, an amphitheater, and tree lined sidewalks, with half of the existing commercial space.", "narrative": null, "narrative_license": null, "narrative_source": null, "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.", "public_subsidy": null, "entitlement_year": null, "planning_notes": "Approved by Martin County commissioners.", "wikidata_qid": null, "wikipedia": null, "osm_id": null, "verified": "draft", "verified_by": null, "last_verified": null, "last_updated": "2026-10-18", "created": "2026-10-18", "contributor_name": null, "contributor_org": null, "contributor_link": null, "international": 0, "county_fips": "12085", "opp_score": 5.0, "opp_reasons": ["already in play: under construction, approved, or sold to a developer with housing plans", "median rent $1,499", "housing in the record"], "for_sale": 0, "distressed": 0, "url": "https://retrofitatlas.org/malls/fl/jensen-beach-treasure-coast-square/", "events": [{"year": 1987, "date": null, "kind": "note", "detail": "Mall first opened", "source_id": 7903}], "sources": [{"id": 7902, "site_id": "n-9fa9b424a2", "url": "https://cbs12.com/news/local/martin-county-study-envisions-major-transformation-treasure-coast-square-mall-walkable-mixed-use-apartments-shopping-restaurants-trees-green-space-redevelopment-simon-property", "title": "Martin County study envisions major transformation of Treasure ...", "publisher": "cbs12.com", "date": null, "quote": "Treasure Coast Square", "kind": "news", "license": null, "retrieved": "2026-10-18"}, {"id": 7903, "site_id": "n-9fa9b424a2", "url": "https://cbs12.com/news/local/martin-county-study-envisions-major-transformation-treasure-coast-square-mall-walkable-mixed-use-apartments-shopping-restaurants-trees-green-space-redevelopment-simon-property", "title": "Timeline", "publisher": null, "date": null, "quote": "It would be nice to have some stores come back again, said Nancy Leonard, who remembers when the mall first opened in 1987.", "kind": "quote", "license": null, "retrieved": "2026-10-18"}], "deals": [], "parties": [], "parcels": [], "context": {"assessment": {"what_happened": "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"], "risks_and_unknowns": ["Exact zoning change process unknown", "No timeline for construction", "Full cost/budget not specified"], "data_quality": "good", "one_line": "Proposed redevelopment of Simon-owned mall into mixed-use with 760 housing units, pending zoning change.", "model": "qwen3-30b-a3b-64k:latest", "machine": "Dell 5820 RTX 3090 (Ollama, qwen3-30b-a3b)", "record_sha1": "e7eb9640a47a"}, "edgar": {"query": "Treasure Coast Square", "city": "Jensen Beach", "total": 198, "name_only_total": 9, "common_name": false, "sampled": 100, "latest": "2026-08-10", "earliest": "2002-05-17", "cmbs": [], "public": [{"name": "SIMON PROPERTY GROUP INC /DE/  (SPG, SPG-PJ)", "cik": "0001063761", "n": 97, "first": "2002-05-17", "last": "2026-08-10", "forms": {"8-K": 78, "10-K": 18, "8-K/A": 1}, "cmbs": false, "kind": "owner", "sic": "6798", "acc": "0001104659-26-093361", "doc": "tm2620726d2_ex99-1.htm", "adjacent": true}, {"name": "SIMON PROPERTY GROUP L P /DE/", "cik": "0001022344", "n": 3, "first": "2003-03-31", "last": "2004-03-30", "forms": {"10-K": 3}, "cmbs": false, "kind": "owner", "sic": "6798", "acc": "0001047469-04-009954", "doc": "a2130566z10-k.htm", "adjacent": true}], "other": [], "forms": {"8-K": 78, "10-K": 21, "8-K/A": 1}, "url": "https://efts.sec.gov/LATEST/search/#/q=%22Treasure%20Coast%20Square%22%20%22Jensen%20Beach%22&forms=10-K,10-D,8-K,10-Q,ABS-EE&dateRange=custom&startdt=2001-01-01", "retrieved": "2026-10-20", "v": 4, "adj": ["0000068270", "0001022344", "0001063761"], "adj_total": 109, "first_in_sample": null, "securitised": null, "vintage": null, "vintage_strong": false, "source": "SEC EDGAR full-text search"}, "elevation": {"elevation_ft": 18.9, "resolution": 1, "source": "USGS EPQS (3DEP)", "retrieved": "2026-10-20"}, "food_access": {"tract10": "12085000200", "urban": 1, "lila_1_10": 0, "low_access_1mi": 1, "lapop1share": 19.7315851479764, "poverty_rate": 9.12143256855064, "median_family_income": 81339.0, "snap_households": 77.0, "pop2010": 3228.0, "source": "USDA ERS Food Access Research Atlas 2019 (ArcGIS copy)", "retrieved": "2026-10-20"}, "housing_market": {"zhvi": {"latest": 448233, "month": "2026-09", "change_1y": 0.007, "change_5y": 0.204}, "zori": {"latest": 2263, "month": "2026-09", "change_1y": 0.026, "change_5y": 0.254}, "county_fips": "12085", "source": "Zillow Research (ZHVI, ZORI)"}, "jobs_lodes": {"tract20": "12085000200", "jobs": 2789, "retail_jobs": 625, "food_accommodation_jobs": 1010, "year": 2022, "source": "Census LEHD LODES8 WAC 2022 (all jobs, primary and secondary), blocks summed to the 2020 tract", "retrieved": "2026-10-20"}, "listings": {"zip": "34957", "month": "202609", "median_listing_price": 496919, "median_listing_price_yy": 0.0191, "active_listing_count": 249, "median_days_on_market": 80, "price_reduced_share": 0.18, "pending_ratio": 0.3494, "source": "Realtor.com Research, inventory core metrics by ZIP (ZCTA at the site point)", "retrieved": "2026-10-20"}, "opportunity": {"tract10": "12085000200", "kfr_p25": 0.4046, "jail_p25": 0.0607, "kids_count": 188.0124, "commuting_zone": "Port St. Lucie", "vintage": "children born 1978-83, outcomes measured 2014-15", "source": "Opportunity Insights, Opportunity Atlas (Chetty, Friedman, Hendren, Jones, Porter 2018)", "retrieved": "2026-10-20"}, "peers": {"peers": [{"id": "n-0620125f68", "name": "Town Center at Boca Raton", "city": "Boca Raton", "state": "FL", "score": 5.0, "why": ["same strategy: redevelop", "also in FL"]}, {"id": "m-4e3fd7a81a", "name": "Fashion Mall", "city": "Plantation", "state": "FL", "score": 4.5, "why": ["same strategy: redevelop", "also in FL"]}, {"id": "m-b44b8861c4", "name": "Miracle City Mall", "city": "Titusville", "state": "FL", "score": 4.5, "why": ["same strategy: redevelop", "also in FL"]}, {"id": "m-1a60792885", "name": "Winter Park Mall", "city": "Winter Park", "state": "FL", "score": 4.5, "why": ["same strategy: redevelop", "also in FL"]}, {"id": "m-ca5df27aed", "name": "Boca Mall", "city": "Boca Raton", "state": "FL", "score": 4.5, "why": ["same strategy: redevelop", "also in FL"]}, {"id": "m-e6bb5ed1ef", "name": "Dadeland Mall", "city": "Kendall", "state": "FL", "score": 4.5, "why": ["same strategy: redevelop", "also in FL"]}], "method": "size, era, strategy, status, type, state, distance"}, "permits": {"county": "Martin County", "2024": {"units_1": 524, "units_2_4": 12, "units_5plus": 110, "value_total": 443944809}, "2023": {"units_1": 575, "units_2_4": 28, "units_5plus": 341, "value_total": 406664917}, "retrieved": "2026-10-18"}, "qcew_retail": {"county": "12085", "year": 2025, "establishments": 799, "employment": 9790, "avg_annual_pay": 41068, "lq_employment": 1.27, "employment_change_1y": 0.8, "source": "BLS QCEW 2025 annual, county, NAICS 44-45 retail trade, private", "retrieved": "2026-10-20"}, "retail_trend": {"2012": {"estab": 743, "emp": 9274}, "2023": {"estab": 801, "emp": 10868}, "estab_change": 0.078, "emp_change": 0.172, "county_fips": "12085"}, "schools": {"district": "Martin County School District", "district_geoid": "1201290", "grades": "PK-12", "district_vintage": "SY2024-25", "public_schools_1mi": 0, "schools": [], "schools_vintage": "SY2023-24", "source": "NCES EDGE", "retrieved": "2026-10-20"}, "sec": {"reit": [{"filer": "Simon Property Group", "filed": "2026-02-25", "as_of": "2025-12-31", "url": "https://www.sec.gov/Archives/edgar/data/1063761/000110465926019419/spg-20251231x10k.htm", "match": "exact", "name": "Treasure Coast Square", "city": "Jensen Beach", "state": "FL", "gla_sqft": 873908, "gla_inline_sqft": null, "year_built": 1987, "year_acquired": null, "year_renovated": null, "occupancy_pct": 94.3, "occupancy_basis": "occupied", "sales_psf": null, "anchors": "Macy's, Dillard's, JCPenney, Regal Cinema, Elev8 Fun Indoor Adventure Park", "ownership_pct": 100.0, "tenure": "Fee"}, {"filer": "Simon Property Group", "filed": "2017-02-24", "as_of": "2016-12-31", "url": "https://www.sec.gov/Archives/edgar/data/1063761/000155837017000934/spg-20161231x10k.htm", "match": "exact", "name": "Treasure Coast Square", "city": "Jensen Beach", "state": "FL", "gla_sqft": 876257, "gla_inline_sqft": null, "year_built": 1987, "year_acquired": null, "year_renovated": null, "occupancy_pct": 94.9, "occupancy_basis": "occupied", "sales_psf": null, "anchors": "Macy's, Dillard's, JCPenney, Sears, hhgregg, Regal Cinema", "ownership_pct": 100.0, "tenure": "Fee"}, {"filer": "Simon Property Group", "filed": "2010-02-25", "as_of": "2009-12-31", "url": "https://www.sec.gov/Archives/edgar/data/1063761/000104746910001324/a2196642z10-k.htm", "match": "exact", "name": "Treasure Coast Square", "city": "Jensen Beach", "state": "FL", "gla_sqft": 878213, "gla_inline_sqft": null, "year_built": 1987, "year_acquired": null, "year_renovated": null, "occupancy_pct": 89.7, "occupancy_basis": "occupied", "sales_psf": null, "anchors": "Macy's, Dillard's, JCPenney, Sears, Borders Books & Music, Regal Cinema", "ownership_pct": 100.0, "tenure": "Fee"}], "absee": [], "source": "SEC EDGAR: REIT 10-K property tables and ABS-EE Exhibit 102", "retrieved": "2026-10-20"}, "storms": {"county": "12085", "years": "2016-2025", "events": 69, "by_type": {"Thunderstorm Wind": 23, "Hail": 13, "Tornado": 12, "Lightning": 5, "Funnel Cloud": 4, "Flood": 4, "Flash Flood": 4, "Heavy Rain": 3, "Dust Devil": 1}, "property_damage_usd": 15511700, "deaths_direct": 2, "injuries_direct": 7, "note": "county-typed events only; events logged to forecast zones (CZ_TYPE Z: most winter, heat, flood and coastal events) are not counted", "source": "NOAA NCEI Storm Events Database, details files", "retrieved": "2026-10-20"}, "traffic": {"max_aadt": 12700, "trucks_aadt": null, "road": "NE PINEAPPLE AVE", "class": "minor arterial", "lanes": 2, "segments_600m": 21, "year": "2024", "source": "FHWA HPMS", "retrieved": "2026-10-20"}}, "elements": [{"slug": "use-retail", "name": "Retail (continued)", "group_": "use", "evidence": "new_use field", "origin": "newtypes-extraction"}, {"slug": "strategy-redevelop", "name": "Redeveloped", "group_": "strategy", "evidence": "The final build out would result in 760 residential units, an amphitheater, and tree lined sidewalks, with half of the existing commercial space.", "origin": "record"}, {"slug": "use-housing", "name": "Housing", "group_": "use", "evidence": "The final build out would result in 760 residential units, an amphitheater, and tree lined sidewalks, with half", "origin": "newtypes-extraction"}, {"slug": "use-park", 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