The Ferber Company announced The Shoppes at Black Diamond, a 29-acre retail development in Citrus County located at the northwest quadrant of the intersection of Norvell Bryant Highway and Lecanto Highway, in Lecanto, Florida.
“We saw this as a huge void for retailers and restaurants in Citrus County. The additions coming to this intersection to join Walmart will benefit the residents of Lecanto, Beverly Hills, and Citrus County,” said Marlon Champion, Executive Vice President at The Ferber Company and lead developer on this project.
Citrus County has become a prime target for residential development, generating the need for more commercial uses to complement that growth and existing residents. The Ferber Company is also in the beginning stages of an additional phase of the shopping center adjacent to The Shoppes at Black Diamond. This joins an additional retail development that broke ground this summer, neighboring Walmart, on the south side of the intersection.
“It is an exciting time in our county as Ferber continues to break ground and contribute to our economic growth, while still adhering to the standards we have for our quality of life and environmental protection,” said County Commissioner Ruthie Davis Schlabach, District 3. The Shoppes at Black Diamond will include retailers such as Target Supercenter, Aldi, Starbucks, 7-Eleven, Panera, and Texas Roadhouse, with one more retail pad available for lease.
Development site work began in October of 2022 and is nearing completion. Building construction will commence in the upcoming weeks with the first retail openings anticipated to occur in early 2024.
The Ferber Company is a privately held real estate development and investment company headquartered in Ponte Vedra Beach, Florida, with offices in St. Petersburg and West Palm Beach, as well as a regional office in Basking Ridge, NJ.
