News

  • Orlando Health preps demolition for building on Lucerne Annex site in SoDo

    Orlando Health preps demolition for building on Lucerne Annex site in SoDo

    Orlando Health is in the midst of renovating and repurposing a 36-year-old building on its Lucerne Pavilion Annex property for staff support and human resources, and plans to tear down a smaller neighboring building that is now obselete.  Located at 55 W. Gore St. south of Downtown Orlando, directly...

  • Off Lease Only auto dealer preps big expansion near Orlando airport

    Off Lease Only auto dealer preps big expansion near Orlando airport

    Used car dealer Off Lease Only, Inc., is preparing to triple its footprint northeast of Orlando International Airport and solidify a claim as Greater Orlando's top-selling auto dealership by volume.  The company owns and or leases more than 28 acres on the northwest corner of Narcoossee and McCoy...

  • Subscribers: RSVP now for June 13 cocktail party at Majors Motors

    Subscribers: RSVP now for June 13 cocktail party at Majors Motors

    You're invited to join us on June 13 from 6-8 p.m. to celebrate GrowthSpotter’s two-year anniversary at an exclusive cocktail party event just for subscribers, to be held at the newly opened Majors Motors private event space in Downtown Orlando’s Ivanhoe Village. More than 60 classic cars will...

  • Former Red Lobster president pays $2.7M for Maitland lakefront home

    Former Red Lobster president pays $2.7M for Maitland lakefront home

    An ex-president of Red Lobster and spouse that owns a local winery paid $2.7 million in mid-May for an expansive gated home property with 200 feet of frontage on Lake Maitland.  Located on Westwind Court near the Maitland border with Winter Park, the 36-year-old home has 5,978 square feet of conditioned...

  • Haines City Commission approves pair of new residential projects totaling 400+ lots

    Haines City Commission approves pair of new residential projects totaling 400+ lots

    Haines City Commissioners this month approved a pair of rezoning requests for new residential subdivisions that will add more than 400 new home lots to the city. The larger of the two projects is in development by Feltrim Group, the same firm that is in the second phase of Balmoral Resort and is...

  • Diocese of Orlando buys land south of Bishop Moore High for future expansion

    Diocese of Orlando buys land south of Bishop Moore High for future expansion

    The Diocese of Orlando spent $2.736 million last week to line up property directly south of Bishop Moore Catholic High School for future expansion of the campus.  Located south of the school's entry point on Edgewater Drive, the Diocese acquired eight semi-contiguous parcels totaling 1.856 acres...

  • Family-owned printing company to leave Longwood, build new HQ in Sanford

    Family-owned printing company to leave Longwood, build new HQ in Sanford

    Magnolia Press, a homegrown print shop doing business in Seminole County since 1973, has outgrown its Longwood operation and plans to build a new main office in Sanford. At 21,000 square feet, the new building will be more than twice as large as the company's current 8,000-square-foot print shop...

  • Winter Park picks bid for 'Blake Yard' infill site, nets extra $25k in process

    Winter Park picks bid for 'Blake Yard' infill site, nets extra $25k in process

    Winter Park city commissioners voted Monday to sell the 0.45-acre "Blake Yard" infill site near its downtown to an affiliate of local developer Dan Bellows, following a third round of bids that netted the city an additional $25,000. Located at 301 W. Comstock Ave. just one-and-a-half blocks from...

  • Washington D.C.-based Kettler eyes Florida market entry in Celebration

    Washington D.C.-based Kettler eyes Florida market entry in Celebration

    A Washington, D.C.-area developer that specializes in multifamily mixed-use projects is eyeing its Florida market entry via Celebration. Kettler has filed a conceptual plan for an 18.4-acre commercial parcel on Celebration Boulevard, right next to Adventist Health Sytem's new $20 million skilled...

  • CRE investors plan retail corner redevelopment in Orlando's Milk District

    CRE investors plan retail corner redevelopment in Orlando's Milk District

    A pair of realtors invested in a 1.25-acre assemblage in Downtown Orlando's Milk District are pursuing partial redevelopment of a handful of retail-commercial buildings. Located on the southwest corner of N. Bumby Avenue and E. Robinson Street, just southwest of the T.G. Lee Dairy plant, the project...

More GrowthSpotter News

  • Tavistock selects architect for sports & performance resort in Lake Nona

    Tavistock selects architect for sports & performance resort in Lake Nona

    Tavistock Development Company has hired international firm Arquitectonica to lead the design of its planned resort hotel in the sports and performance district of Lake Nona.  Rasesh Thakkar, senior managing director of Tavistock, said Monday during a groundbreaking for KPMG's corporate training...

  • Land owners prepping for new retail center across from Providence

    Land owners prepping for new retail center across from Providence

    The owners of 27 acres at a prime corner across from the Providence master-planned golf community in Four Corners is prepping for a grocery-anchored retail development. The Gotts family has owned the property at the southwest corner of Ronald Reagan Parkway and Orange Blossom Trail (U.S. 17-92)...

  • Hotel investors under contract for historic Downtown Sanford building

    Hotel investors under contract for historic Downtown Sanford building

    Private investors have a contract to buy one of Downtown Sanford's most historic buildings and want to convert it into a 120-room boutique hotel, returning it to the original use from its opening in 1925 as the Forrest Lake Hotel. Located at 1095 E. 1st St. overlooking Lake Monroe, the building...

  • KPMG seeks local GC for Lake Nona training center, site work eyed in June

    KPMG seeks local GC for Lake Nona training center, site work eyed in June

    New York-based KPMG LLP should pick a local general contractor within the next 45 days to manage construction of its 800,000-square-foot corporate training and conference center in Lake Nona, and estimates a June start to site work for the project, the company's new managing director of construction...

  • Kissimmee hires CSL to fast-track performing arts center study

    Kissimmee hires CSL to fast-track performing arts center study

    The Kissimmee City Commission last week hired a leading Minneapolis-based consulting firm to conduct a rapid market study and feasibility report for a future performing arts center at the Kissimmee Civic Center. Convention, Sports & Leisure International (CSL) is the same firm that worked with...

  • Brian Capo, Marcus & Millichap

    Brian Capo, Marcus & Millichap

    There are myriad reasons why it’s not surprising Brian Capo fell headlong into tournament fishing: No. 1: He’s an 8th generation Floridian. A native of Hollywood’s east side, Capo rode his bike to the beach as a child; No. 2: Though he’s definitely a salt-water guy, lakes will certainly do. Capo...

  • Universal files more detailed PD plans for I-Drive property, shows hotel towers

    Universal files more detailed PD plans for I-Drive property, shows hotel towers

    Universal Orlando filed detailed zoning plans this week with the City of Orlando for redevelopment of its Wet n' Wild property on International Drive, showing the prospective layout and design of hotel towers that would total 4,000 guestrooms.  The company filed a Framework Planned Development...

  • More restaurants and apartments in the works for ChampionsGate

    More restaurants and apartments in the works for ChampionsGate

    The nation's largest Panera franchisee paid $1.3 million last week for one of the last undeveloped lots in ChampionsGate Village. Covelli Enterprises owns and operates 77 Panera Bread locations in Florida, including 32 in the Orlando area. The company acquired the lot next to Red Robin, which faces...

  • Owner plans event space expansion at Renaissance hotel near SeaWorld

    Owner plans event space expansion at Renaissance hotel near SeaWorld

    California-based Sunstone Hotel Investors is planning an expansion of ballroom-area meeting space at the Renaissance Orlando at SeaWorld by nearly 40 percent of its current capacity. Located at 6677 Sea Harbor Dr., the 781-room resort lies directly across the street from SeaWorld's main theme park...

  • Osceola staff wants major changes to Tavistock Sunbridge plan

    Osceola staff wants major changes to Tavistock Sunbridge plan

    Osceola County's planning staff is pushing for a dramatic rewrite of the Phase 1 master plan for Tavistock Development Company's Sunbridge project. Entitlements consultant Richard Levey and other members of the Tavistock team had an hours-long meeting in April with the county's Development Review...

  • Homebuilder lined up for 75-acre Apopka lakefront site w/143 lots

    Homebuilder lined up for 75-acre Apopka lakefront site w/143 lots

    Boca Raton-based Equity Investments LLC and Gentry Land Company have a homebuilder ready to close in June on 75-plus acres directly west of the new Florida Hospital Apopka that's slated to open this fall. Named for now as "Vistas at Waters Edge," the 75.24-acre project was given final approval...

  • Four Corners Bus Tour highlights booming economy, challenges from rapid growth

    Four Corners Bus Tour highlights booming economy, challenges from rapid growth

    After taking a one-year hiatus, the Osceola Kissimmee Chamber's Four Corners Bus Tour led participants through a whirlwind of new developments on Wednesday in a rapidly growing submarket. "Today we're seeing things that we were only talking about two years ago on the last tour," Four Corners Area...

  • Eaton Vance REIG affiliate pays $56.5M for Aqua at Millenia apartments

    Eaton Vance REIG affiliate pays $56.5M for Aqua at Millenia apartments

    An affiliate of Boston-based Eaton Vance Investment Managers paid $56.5 million on Tuesday for the 329-unit Aqua at Millenia apartments. Located at 5451 Millenia Lakes Blvd., the 8.23-acre property has five mid-rise apartment buildings of four stories each, and structured parking. Built in 2009...

  • Plan for Downtown Sanford hotel faces triad of challenges

    Plan for Downtown Sanford hotel faces triad of challenges

    John Revelle's plans to open a boutique hotel in an historic building in Downtown Sanford is a goal that has long been championed by city supporters. But if he is to deliver, he'll need to overcome several obstacles. Revelle, who lives in Maitland and formed Sanford Hotel Group LLC in February,...

  • Lake County seeks land use attorneys to oversee real estate disputes

    Lake County seeks land use attorneys to oversee real estate disputes

    Lake County is seeking land use attorneys to help oversee occasional real estate disputes involving environmental and land use issues, according to a Request for Proposals (RFP) published last week.  The county would contract qualified attorneys or law firms to serve as Special Magistrate (known...

  • RNR Tire Express expands into Lake County via Leesburg

    RNR Tire Express expands into Lake County via Leesburg

    The entrepreneur who started Champion Rent–To-Own furniture store recently bought a former Tuffy’s Auto repair shop in Leesburg, with plans to renovate and reopen as a national tires store.  Located at 10742 U.S. 441 across from Leesburg's Home Depot, The 4,550-square-foot building will reopen...

  • Osceola razes W192 eyesore building after years of code violations

    Osceola razes W192 eyesore building after years of code violations

    Osceola County demolished an abandoned, former walk-in medical clinic on the W192 tourism corridor last week after dealing with years of code violations, and is considering what should come next for the property. The owners of the former clinic at 4721 W. Irlo Bronson Memorial Highway had racked...

  • Nunziatas sell Walgreens-leased 1st floor of Downtown Orlando bldg for $6.18M

    Nunziatas sell Walgreens-leased 1st floor of Downtown Orlando bldg for $6.18M

    The brothers and co-CEOs of FBC Mortgage drew nearly $6.18 million last week from an investor for the Walgreens-leased first floor of Downtown Orlando's historic First National Bank building, 1.3 times what they paid for the entire property in 2014.  Located at 190 S. Orange Ave. on the northwest...

  • Winter Park senior care firm buys Fern Park office park, plans conversion to ALF

    Winter Park senior care firm buys Fern Park office park, plans conversion to ALF

    The new owner of a Seminole County office park plans to renovate and repurpose its six buildings into a senior living facility, with a opening targeted for late 2018 or early 2019. Premier Senior Consultants of Winter Park paid $2.7 million for the office park at 7255 Estapona Circle, according...

  • Mackenzie Carolan, Gilbane Building Co.

    Mackenzie Carolan, Gilbane Building Co.

    Mackenzie Carolan grew near half as tall as the corn fields across from the Indiana home in which she grew up. She grew strong, too, a runner since middle school who was fast on her feet and later recruited for high school rugby. But when her mom married her stepdad – an Argentinean architect –...

  • Brazilian group prepping Four Corners site for large multifamily project

    Brazilian group prepping Four Corners site for large multifamily project

    A Brazilian investment group led by engineer Odilon Monterio has applied to rezone a 20-acre parcel on the Westside Boulevard corridor for a new multifamily development. Monteiro is a veteran civil engineer in Sao Paulo and a lead executive with real estate-focused engineering firms Pozam Engenharia...

  • Artegon owner preps own mixed-use redevelopment concepts for I-Drive mall

    Artegon owner preps own mixed-use redevelopment concepts for I-Drive mall

    New York-based Lightstone Group is working with VHB, Inc., on its own mixed-use redevelopment plans for the 104-acre Artegon Marketplace property on N. International Drive, after nearly nine months of marketing the asset for sale.  Envisioning a mix of retail-commercial, hotels and multifamily...

  • Orlando-based aluminum distributor defers construction after Orange DRC approval

    Orlando-based aluminum distributor defers construction after Orange DRC approval

    A national distributor of aluminum products based in Orlando earned local government approval this week to nearly double the size of its operation, but the firm’s officers are undecided about whether to move forward. AA Metals submitted a Development Plan to Orange County in February for a 90,000-square-foot...

  • Balfour Beatty Construction loses Orlando-based leader in corporate shakeup

    Balfour Beatty Construction loses Orlando-based leader in corporate shakeup

    Balfour Beatty Construction is shaking up its Southeast executive team and in the process lost an Orlando-based president that was one of the company's most senior leaders, according to an internal memo from May 4 shared with GrowthSpotter.  Sean DeMartino has left the company after more than 24...

  • D.R. Horton planning new South region HQ building near Lake Nona

    D.R. Horton planning new South region HQ building near Lake Nona

    D.R. Horton, the nation's largest homebuilder, is prepping to move its South Regional headquarter operations to East Park, a Horton-planned community just east of Lake Nona proper. Horton forward planning manager Chris Wrenn filed a Master Plan last week with the City of Orlando for a nearly 50,000-square-foot...

  • Joani Jordaan, Stantec

    Joani Jordaan, Stantec

    Joani Jordaan’s childhood was fruitful. And we mean that literally. She grew up alongside 20-some cousins on a big family farm that grew mangos and citrus in what she jokingly calls, “the South African equivalent of Kansas.” Early schooling was a microcosm – “elementary school, middle school, high...

  • Catalyst buys site for new apts near UCF, adjacent land planned for 45k SF retail

    Catalyst buys site for new apts near UCF, adjacent land planned for 45k SF retail

    Catalyst Development Partners paid a combined $5.94 million on Wednesday for 11.46 acres near UCF, where it should break ground on 296 apartments by mid-summer. An adjacent 7.26 acres is under contract to a Tampa-based retail developer with plans for a 24-hour Walmart Neighborhood Market.   Located...

  • Winter Park seeks Construction Manager for new library project, w/$21M budget

    Winter Park seeks Construction Manager for new library project, w/$21M budget

    The City of Winter Park is ready to hire a Construction Manager At Risk (CMAR) for its new public library and civic center project at Martin Luther King Jr. Park, with a projected $21 million construction budget, per a Request for Qualifications (RFQ) published on Thursday. The CMAR's responsibilities...

  • Orlando church led by ex-NFL player buys Orange County land & building to expand

    Orlando church led by ex-NFL player buys Orange County land & building to expand

    The Orlando World Outreach Center, a non-denominational church headed by pastor and former NFL player Tim Johnson, has found a new home. Previously located in a rented building at 741 N. Mills Ave., the church is now moving to the former Christian Family Worship Center property at 4365 Kennedy...

  • Owners of historic Winter Park home pay $3M for neighbor's lot, plan new pool

    Owners of historic Winter Park home pay $3M for neighbor's lot, plan new pool

    A local senior health care executive and his interior designer spouse paid $3 million in late April for the property that neighbors their historic home facing Lake Maitland, on Winter Park's Via Lugano, where they may build a new guest house and swimming pool. Set in the 500 block of Via Lugano,...

  • Jacksonville company to rehab Sanford building for new ice production plant

    Jacksonville company to rehab Sanford building for new ice production plant

    Jacksonville-based The Ice Man is expanding into Seminole County and will be hiring local contractors to transform a Sanford building into a new ice plant, the company's owner told GrowthSpotter. The company paid $1.6 million for an industrial building on 2 acres at the corner of Old Lake Mary...

  • Developer builds assemblage in SE Lake Nona, plans neighborhood retail center

    Developer builds assemblage in SE Lake Nona, plans neighborhood retail center

    South Florida-based Futura Development Company paid a combined $3.05 million on Tuesday for the second and third parcels of a tripart assemblage in Southeast Lake Nona, with plans to develop its first mixed-use neighborhood retail center, the company's president told GrowthSpotter. The three parcels...

  • KB Home buys Phase 1 of 245-home subdivision on Westside Blvd corridor

    KB Home buys Phase 1 of 245-home subdivision on Westside Blvd corridor

    KB Home paid $3.2 million on Wednesday for Phase 1 of a 245-home approved subdivision on the Westside Boulevard corridor. Jim Reinert, vice president of land, told GrowthSpotter that KB will start horizontal construction immediately on the first 123 lots, and expects to open sales and start building...

  • Kissimmee shopping center at busy intersection sells for $5M

    Kissimmee shopping center at busy intersection sells for $5M

    An Orlando trucking business owner paid $5.075 million on Friday for 46,000 square feet of retail space at one of Kissimmee's busiest intersections. Vlado Ivetic, vice president of Ivetic Trucking, is the new owner of Pleasant Hill Center at the southwest corner of Pleasant Hill Road and John Young...

  • Developers still in pursuit of Winter Park's 'Blake Yard' site amidst bids debate

    Developers still in pursuit of Winter Park's 'Blake Yard' site amidst bids debate

    Two local developers aren't giving up on their pursuit of a 0.45-acre downtown infill site owned by Winter Park after city commissioners delayed a sale decision last week. With the final decision now expected on May 8, the twice-high bidder implied in a letter from his attorney on Tuesday that...

  • AV Homes files plans for 700 homes next to new Poinciana SunRail station

    AV Homes files plans for 700 homes next to new Poinciana SunRail station

    AV Homes is reworking a concept plan the developer filed recently for its new 82-acre, transit-oriented community just north of the new Poinciana SunRail Station. The plan calls for a maximum of 300 single-family and 400 multifamily residential units on the property that was part of the Poinciana Office...

  • Shopping center developer buys prime corner lot site near Reunion Resort

    Shopping center developer buys prime corner lot site near Reunion Resort

    A Chattanooga-based shopping center paid $1.2 million last week for a prime corner piece of the 15-acre Orlando Tree Trek Adventure Park. Adventure park owner Dave Lemieux told GrowthSpotter the park would remain open. "We didn't sell all our property, it's just a corner piece at the back of our...

  • Shanna Cole, Fidelity National Title Group

    Shanna Cole, Fidelity National Title Group

    Nebraska native Shanna Cole grew up with what she calls “good Midwestern values – being a hard worker, asking ‘How can I make that next step…?’ It’s a sense of self-determination, self-motivation…” She brings this ideology to her post as Director-at-Large for the Orlando chapter of Commercial Real...

  • PD&E bids sought for extension of Lake County's C.R. 455 to Wellness Way

    PD&E bids sought for extension of Lake County's C.R. 455 to Wellness Way

    Lake County is looking for a consultant to provide project planning, engineering, and environmental analysis services for an approximate 3.5-mile extension of C.R. 455 from Hartwood Marsh Road to Wellness Way, opening a back-door entrance to South Lake County’s new planned growth corridor. Tasks...

  • Tampa developer plans 2nd Downtown Orlando hotel near ORMC

    Tampa developer plans 2nd Downtown Orlando hotel near ORMC

    A Tampa-based developer is pursuing city approvals to build its second hotel in South Downtown Orlando serving the Orlando Regional Medical Center and its surrounding campus, just as its first property reaches stabilization.  Development entity 51 Columbia Hotel Property LLC is a newly-created...

  • Winter Haven to consider proposed 1,747-home, mixed-use community near U.S. 27

    Winter Haven to consider proposed 1,747-home, mixed-use community near U.S. 27

    Winter Haven officials are scheduled to vote this month on a proposed mixed-use development that could add more than 1,700 new homes near the intersection of U.S. 27 and Thompson Nursery Road. The city's Planning Commission has already recommended approval of the future land use and rezoning for...

  • McCraney pursues two new spec warehouses at Bent Oak Industrial Park

    McCraney pursues two new spec warehouses at Bent Oak Industrial Park

    West Palm Beach-based developer McCraney Property Company is starting permit applications for the last two undeveloped pads it owns within Bent Oak Industrial Park, which should total nearly 180,000 square feet of spec warehouse space.  The company filed development permit requests on Sunday with...

  • Delaware Hotel Group pays $2M for Motel 6 at Kissimmee Maingate

    Delaware Hotel Group pays $2M for Motel 6 at Kissimmee Maingate

    Delaware Hotel Group owner Mike Khatiwala has acquired his 20th hotel property and first in Florida with the purchase last week of the corporate-owned Motel 6 Kissimmee Maingate West for $2 million. The 147-room motel at 7455 W. Irlo Bronson Memorial Highway sits on 3.2 acres just west of Reedy...

  • NY investor pays $22M for 51% stake in condo community, major reno planned

    NY investor pays $22M for 51% stake in condo community, major reno planned

    New York-based multifamily investor ESG Kullen paid more than $22 million last week for a controlling stake in the 390-unit Grand Reserve at Kirkman Parke condominiums, a property with huge value-add potential that hasn't been updated since its 2000 construction, a principal with the buyer told...

  • Florida Hospital confirms plans for $80M patient tower at Celebration Health in 2019

    Florida Hospital confirms plans for $80M patient tower at Celebration Health in 2019

    Florida Hospital Celebration Health has confirmed plans to build a 156-bed expansion that would make it the largest hospital in Osceola County. Hospital Administrator Ken Bradley told GrowthSpotter on Monday the $80 million tower is projected to open in Winter 2019. "Florida Hospital is expanding...

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