News

  • Clermont seeks architect for new expanded public works facility campus

    Clermont seeks architect for new expanded public works facility campus

    The city of Clermont wants to hire an architectural firm to design a new public works facility on 18 acres, according to a Request for Qualifications (RFQ) issued last week. To be located on Hancock Road, the new facility is meant to serve the current and future needs of the city's public works...

  • Wekiva Capital has land under contract near Winter Park Village, eyes townhomes

    Wekiva Capital has land under contract near Winter Park Village, eyes townhomes

    Winter Park developer Chris Hughes of Wekiva Capital Partners has 1.67 acres under contract for future townhomes in Winter Park within walking distance of three prominent retail centers. The four contiguous parcels lie between Gay Road and Trovillion Court, directly south of the Winter Park Shopping...

  • Owner wants to reboot condo project next to Bahama Bay with townhomes

    Owner wants to reboot condo project next to Bahama Bay with townhomes

    The owner of a partially built condo community next to Davenport's Bahama Bay Resort wants to reboot the community by switching from condos to townhomes. ICM Development Group founder Carlos Balzola acquired the 24-acre parcel in the Westside Planned Development (PD) in 2012, and brought in additional...

  • Brazilian hotel group pays $2.4M for entitled site near I-Drive, plans indy flag

    Brazilian hotel group pays $2.4M for entitled site near I-Drive, plans indy flag

    An affiliate of Brazilian hotel owner-operators Grupo Atlantico paid $2.4 million on Tuesday to enter Orlando's tourism corridor, buying an entitled 2.35 acres southeast of the former Wet 'n Wild property with plans to develop an independent hotel. Located at 5871 Carrier Dr., the property was...

  • Valencia College seeks CMAR for new building on Osceola campus

    Valencia College seeks CMAR for new building on Osceola campus

    Valencia College wants to hire a Construction Manager at Risk (CMAR) to help build the new Center for Accelerated Training (CAT) building on its Osceola campus, according to Request for Qualifications (RFQ) issued on Friday. The new CAT building will be located on the northeastern side of the campus...

  • City staff push for design changes on 13-story concept along E. Livingston

    City staff push for design changes on 13-story concept along E. Livingston

    Illinois-based multifamily developer Banner Real Estate Group has the initial support of city staff for its proposed 13-story mixed-use apartment building planned in Downtown Orlando, but has also been put on notice that key design elements must change in the coming months.  Conceptual plans and...

  • Orlando seeks design-build contractor for new fire stations

    Orlando seeks design-build contractor for new fire stations

    The city of Orlando is seeking a design-build contractor to help it build a new Fire Station no. 9 and two others in the next five years, according to a Request for Proposals (RFP) issued Monday. The contractor will be expected to provide design and construction services for the fire stations....

  • Pinellas-based developer planning retail center on Four Corners site

    Pinellas-based developer planning retail center on Four Corners site

    A Pinellas County-based developer has a purchase contract on a 13-acre corner parcel on U.S. 27 in Davenport zoned for a town center. Paradise Ventures is the nation's largest developer of Publix-anchored shopping centers, and has also developed nearly 100 Walgreen's stores in eight states. It's...

  • Orlando Magic lead exec pays $2.8M for historic Winter Park home

    Orlando Magic lead exec pays $2.8M for historic Winter Park home

    The new president of basketball operations for the Orlando Magic recently paid $2.8 million for a house in Winter Park that once belonged to the family of famed Florida folksinger Gamble Rogers. Jeff Weltman, who was hired to lead operations for the NBA team in May, closed on the home in the Temple...

  • Winter Park favors two bidders pitching new office bldg for W. Fairbanks lot

    Winter Park favors two bidders pitching new office bldg for W. Fairbanks lot

    Winter Park will negotiate with two bidders for a city-owned parcel along busy W. Fairbanks Avenue and south of Martin Luther King Jr. park that have each proposed to develop new office buildings, following a vote by commissioners on Monday. The city began marketing in June a 1.51-acre property...

More GrowthSpotter News

  • Subscribers: RSVP for Sept. 12 wine & craft beer tasting at Island Grove Wine Co.

    Subscribers: RSVP for Sept. 12 wine & craft beer tasting at Island Grove Wine Co.

    We invite you to join GrowthSpotter at our first VIP networking event in Greater Orlando's tourism corridor. Island Grove Wine Company at Formosa Gardens will open its doors to our subscribers for an exclusive wine and beer tasting from 6-8 p.m. on Sept. 12 -- two weeks before the official grand...

  • PRISA & Unicorp partner on plans for new Element hotel at I-Drive 360

    PRISA & Unicorp partner on plans for new Element hotel at I-Drive 360

    An affiliate of Puerto Rican developer PRISA Group is joint-venturing with Unicorp National Developments on a new Element by Westin hotel adjacent to the I-Drive 360 complex, with First Quarter 2018 eyed for groundbreaking and a construction lender sought, lead executives with both companies told...

  • KPMG files foundation permit apps on Lake Nona facility site, eyes October

    KPMG files foundation permit apps on Lake Nona facility site, eyes October

    New York-based KPMG LLP is moving toward foundation work in October on the 54.5-acre site in Lake Nona where it's planning an 800,000-square-foot corporate training center, after filing permit requests last week with a local regulatory agency.  Located at 9313 Lake Nona Blvd., the property was...

  • Two Kissimmee apartment complexes sell for combined $90M

    Two Kissimmee apartment complexes sell for combined $90M

    A pair of Kissimmee apartment communities both located just off John Young Parkway changed hands last week to different buyer groups for nearly $90 million. Virginia-based Chandler Management Corp. paid $49.5 million on Aug. 8 for the Lake Tivoli Apartments. The 384-unit complex was developed in...

  • Drury pays $20.5M for BW hotel near Disney Springs, will rebrand & renovate

    Drury pays $20.5M for BW hotel near Disney Springs, will rebrand & renovate

    St. Louis-based Drury Hotels is doubling down on Orlando's tourism corridor, paying $20.5 million last week for the 325-key Best Western Lake Buena Vista Resort, where it will rebrand and invest heavily in renovations to add value to what is a 45-year-old tower. Located at 2000 Hotel Plaza Blvd.,...

  • Developer plans new office & retail bldg in Avalon Park Town Center

    Developer plans new office & retail bldg in Avalon Park Town Center

    Avalon Park Group is preparing to build out another section of its Avalon Park Town Center, filing plans on Monday with Orange County to build a four-story, 38,500-square-foot office and retail building. Located on the northeast corner of Avalon Park East Boulevard and Avalon Lake Drive, the 1.35-acre...

  • Tavistock names architect, shares design specs on hotel for Lake Nona Town Center

    Tavistock names architect, shares design specs on hotel for Lake Nona Town Center

    International architecture firm Arquitectonica will design the modern 16-story, 215-room anchor hotel for the next phase of Lake Nona Town Center, Tavistock Development Company announced Wednesday morning. It's the second partnership between the two companies this year on a Lake Nona hospitality...

  • New York investor drops $16.5M on bulk condo unit buy in tourism corridor

    New York investor drops $16.5M on bulk condo unit buy in tourism corridor

    New York-based multifamily investor ESG Kullen LLC paid $16.57 million last week for 145 units in the Discovery Palms condominium complex in Orlando, according to a deed recorded Tuesday in Orange County. ESG Kullen secured a mortgage on the property for $20.82 million from TH Commercial Mortgage...

  • Local surgeons group leads six bids made for Winter Park's 1.5-acre Fairbanks lot

    Local surgeons group leads six bids made for Winter Park's 1.5-acre Fairbanks lot

    Winter Park commissioners should decide on Monday which of six purchase and development offers to accept for a city-owned parcel along busy W. Fairbanks Avenue, with a local surgeons office pitching the highest bid and plans for a mixed-use office building.  The city began marketing in June the...

  • Developers cry foul over St. Cloud utility agreement demands

    Developers cry foul over St. Cloud utility agreement demands

    A handful of Osceola County developers are pushing back against the city of St. Cloud for what they say are unreasonable demands from the city's utility department that are driving up the cost of new home construction. At issue is a growing list of conditions the city's utility department is placing...

  • New NASCAR president pays $2.25M for home in Winter Park's the Vias

    New NASCAR president pays $2.25M for home in Winter Park's the Vias

    The newly-named president of NASCAR paid $2.25 million last week for a custom home in the Vias neighborhood of Winter Park, according to a deed recorded Wednesday in Orange County. Records show that Brent Dewar and his wife, Carolina M. Nakiri, bought the 4,309-square-foot house from John Carroll...

  • Start on foundation work for Inverlad's 'The Yard' at Ivanhoe eyed for Oct-Nov

    Start on foundation work for Inverlad's 'The Yard' at Ivanhoe eyed for Oct-Nov

    With road realignment nearly done and relocation of utility lines taking longer than expected, Real Estate Inverlad Development expects to start laying foundation for The Yard at Ivanhoe mixed-use project by November, senior vice president Chance Gordy told GrowthSpotter.  Inverlad is about 30...

  • Epelboim seeks GC & lender in coming months for $40M Tru hotel project

    Epelboim seeks GC & lender in coming months for $40M Tru hotel project

    Miami-based Epelboim Development Group should choose a general contractor in the coming month and seek a construction loan of up to $16.4 million by year's end, as its prepares in earnest to finance a new 259-key Tru by Hilton on Westwood Boulevard in Orlando's tourism corridor, a principal with...

  • S.C.-based investor preps for self storage on Ocoee site permitted since 2006

    S.C.-based investor preps for self storage on Ocoee site permitted since 2006

    The new owners of a 2.21-acre parcel just off the Florida Turnpike in Ocoee say they'll begin construction this fall on a self-storage facility that has been permitted for that location since 2006. Taylor/Theus Holdings, Inc. of Columbia, S.C., paid $1 million for the undeveloped lot at 981 Marshall...

  • Skorman buys Westwood Blvd land for Tru hotel partner & future development

    Skorman buys Westwood Blvd land for Tru hotel partner & future development

    Skorman Development and Construction paid more than $6.17 million on Thursday for 11 acres on Westwood Boulevard in Orlando's tourism corridor, and then flipped 4.46 acres for $5.5 million to a Miami-based operator to develop a 259-key Tru by Hilton. Skorman paid just over $5.5 million for 10 acres...

  • Leesburg seeks architect for new aquatics center, engineer for utility lines

    Leesburg seeks architect for new aquatics center, engineer for utility lines

    The city of Leesburg is seeking an architectural/engineering design services firm to lead its development of a new aquatic facility, and a civil engineering firm to help relocate utilities along a stretch of U.S. 441, according to two Requests for Qualifications (RFQs) published this week. Leesburg...

  • Coptic Orthodox Church in Maitland plans 28k SF expansion w/new bldgs, seeks GC

    Coptic Orthodox Church in Maitland plans 28k SF expansion w/new bldgs, seeks GC

    St. Anthony Coptic Orthodox Church in Maitland will undergo a major transformation starting later this year with construction of new church buildings bearing the Coptic religion’s traditional architecture. The Coptic church, which bought the property at 1185 N. Wymore Road in July 2011, plans to...

  • Disney closing in on new buyer for Celebration Island Village

    Disney closing in on new buyer for Celebration Island Village

    The Celebration Company (TCC) has a buyer lined up for Island Village, the fifth and final residential village in Disney's master-planned community. The Disney subsidiary began actively marketing the 340-acre site with CBRE in Fall 2016. Located south of the World Drive interchange, Island Village...

  • I-Drive budget hotel owner mulls new two-story retail bldg to maximize frontage

    I-Drive budget hotel owner mulls new two-story retail bldg to maximize frontage

    The owner of two International Drive budget hotels north of Carrier Drive wants to maximize his property's frontage with plans for a new two-story restaurant building, and a pizza franchise in the lobby.   A building permit application was filed last week with Orange County for a new "Pizza@" franchise...

  • Medical office and retail planned for Fruitland Park area of The Villages

    Medical office and retail planned for Fruitland Park area of The Villages

    A developer is in the early stages of seeking permits for an office and retail center at the doorstep of The Village’s newest neighborhood off C.R. 466-A in Fruitland Park. Located at the northwest corner of 466-A and Micro Race Track Road, the 10.38-acre property is owned by Degma Investments...

  • Margaritaville Resort breaks ground on $90M Kissimmee hotel

    Margaritaville Resort breaks ground on $90M Kissimmee hotel

    Margaritaville officials raised a glass Thursday morning with tourism representatives from the Orlando region as they officially broke ground on the new 187-room Kissimmee hotel. The new hotel is the centerpiece of the company's $750 million resort that has been called a game-changer for Osceola...

  • Owner of Kissimmee shopping center near SunRail plans 43k SF expansion

    Owner of Kissimmee shopping center near SunRail plans 43k SF expansion

    The owner of a distressed shopping center next to the new Tupperware SunRail station in Kissimmee has filed plans for a two-phased retail expansion that would add 43,000 square feet of leasable space. Louisiana-based PMAT purchased the Gateway Station shopping center just off the Osceola Parkway...

  • Developer plans QSR pads at Kirkman & L.B. Mcleod, readies site near outlet mall

    Developer plans QSR pads at Kirkman & L.B. Mcleod, readies site near outlet mall

    Retail developer NGI Investments is lining up three stand-alone restaurant pad tenants for a new project at S. Kirkman and L.B. Mcleod roads, nearing construction on a site near Vineland Premium Outlets, and has projects in Winter Park and Kissimmee in pre-lease limbo.  Roughly 1.3 acres is under...

  • Developer plans region's 2nd Sunbelt Rentals construction equipment store

    Developer plans region's 2nd Sunbelt Rentals construction equipment store

    Charlotte-based developer MPV Properties is preparing a site in Ocoee facing S.R. 429 for Greater Orlando's second store by construction equipment supplier Sunbelt Rentals.  Located at 501 Enterprise St., the 27.86-acre vacant industrial parcel boasts frontage on Maguire Road and the highway, just...

  • Dallas-based CRE developer enters Orlando mkt w/land east of Winter Park

    Dallas-based CRE developer enters Orlando mkt w/land east of Winter Park

    Dallas-based developer Victory Real Estate Group paid more than $2.27 million on July 21 to enter the Orlando market, buying land east of Winter Pines Golf Course for what will likely be a multi-tenant commercial building.  Located in the 2200 block of N. Semoran Boulevard at the southeast corner...

  • Connecticut-based CRE investor pays $9.77M for Lake Nona Sam's Club site

    Connecticut-based CRE investor pays $9.77M for Lake Nona Sam's Club site

    Connecticut-based real estate investor David A. Mack Properties paid $9.77 million on Friday for two Sam's Club-anchored lots at Lake Nona Landing, a month after selling two outparcels up the road.  Located at 11920 and 11912 Narcoossee Road, Mack's affiliate LLCs DAM Moss Parc and Mack Moss Parc...

  • Dowdys plan 2nd new I-Drive inline retail bldg south of Wet 'n Wild site

    Dowdys plan 2nd new I-Drive inline retail bldg south of Wet 'n Wild site

    Dowdy Properties, a mainstay commercial real estate owner and operator on International Drive, has a new inline retail building next to Universal Orlando's former Wet 'n Wild property that's fully leased with tenants new to the submarket, and plans to clear land for another new building next year. ...

  • IBI Group seeking new permits for 3,000-home BK Ranch project

    IBI Group seeking new permits for 3,000-home BK Ranch project

    Entitlement specialist IBI Group is rebooting the 948-acre BK Ranch mixed-use project south of Kissimmee with a new round of permit applications. The firm had been seeking a Comprehensive Plan Amendment in 2015 for a Mixed-Use district. At the time the property had a developer on board, GreenPointe...

  • Local healthcare provider plans 2nd full-service center for uninsured, low-income

    Local healthcare provider plans 2nd full-service center for uninsured, low-income

    Orange Blossom Family Health is getting ready to construct its second full-service center for low-income and uninsured people on 2.57 acres in west Orlando, at the corner of Ivey Lane and Old Winter Garden Road. “We are planning the construction of a 12,000-square-foot comprehensive medical, dental,...

  • Developer preps Phase 3 retail for Shoppes at Alafaya, wetlands mitigation an issue

    Developer preps Phase 3 retail for Shoppes at Alafaya, wetlands mitigation an issue

    A Miami Beach-based developer has a half dozen big-box retail tenants and specialty grocer lined up for a long-anticipated third phase of The Shoppes at Alafaya, but must find common ground with Orange County over wetlands mitigation.  Located on 16 acres at 1100-1250 N. Alafaya Trail northwest...

  • Guardian Care seeks rezoning for assisted living & nursing facilities

    Guardian Care seeks rezoning for assisted living & nursing facilities

    Guardian Care, Inc., which has operated a highly-rated nursing home in Orlando's Washington Shores area for nearly 50 years, is ready to move forward on two-year-old plans for a five-story, assisted- and independent- living building, along with a skilled nursing care facility.On Monday, the Orlando...

  • Spine surgery group pays $11.8M to enter Orlando mkt w/Millenia office bldg

    Spine surgery group pays $11.8M to enter Orlando mkt w/Millenia office bldg

    Founding surgeons of Tampa-based The BioSpine Institute paid $11.8 million on Tuesday to enter the Orlando market, buying a 61,600-square-foot Class A office building near Mall at Millenia. Located at 3900 Millenia Blvd., the building comes with a second tenant in seller Market Traders Institute...

  • Elevation Development eyeing Osceola site for latest residential project

    Elevation Development eyeing Osceola site for latest residential project

    Orlando-based Elevation Development is eyeing 120 acres west of Lake Tohopekaliga in Osceola County for its latest residential development. Elevation Principal Shaman Foradi met earlier this week with county planners to discuss issues related to access and zoning for the property, which is currently...

  • Boyd Dev, partners buy 31 more upland acres in Hamlin for medical campus & apts

    Boyd Dev, partners buy 31 more upland acres in Hamlin for medical campus & apts

    Affiliates of Boyd Development paid more than $6.91 million on July 18 for 31 upland acres northeast of its Hamlin Town Center, where the properties will be split to accommodate a proton therapy center announced last September, medical office buildings and a second phase to apartments now being...

  • CFX seeks Construction Management Consultant to lead project quality control

    CFX seeks Construction Management Consultant to lead project quality control

    The Central Florida Expressway Authority (CFX) is seeking a Construction Management Consultant (CMC) to help oversee the work of contractors on future road and bridge projects, according to a Request for Letters of Interest published this week. The new CMC would assist staff by providing insight,...

  • NY-based affordable housing investor has Orlando's Timber Sound under contract

    NY-based affordable housing investor has Orlando's Timber Sound under contract

    An affiliate of New York-based affordable housing owner and developer Lincoln Avenue Capital has the 240-unit Timber Sound Apartments in southwest Orlando under contract, which would be its second asset in Greater Orlando. Located at 4903 and 4897 Raleigh St. north of Eagle's Nest Park, the property's...

  • Hunter's Creek church adding Kissimmee campus, pays $3.2M for land

    Hunter's Creek church adding Kissimmee campus, pays $3.2M for land

    A growing church in Hunter's Creek paid $3.2 million this week to buy 11.6 acres for its second campus in Kissimmee.  Wade Mumm, lead pastor of Greeneway Church, told GrowthSpotter the church acted fast to secure the prime site at the corner of John Young Parkway and Centerview Drive even before...

  • Residents sue city & developer to stop work on Princeton Oaks Industrial Park

    Residents sue city & developer to stop work on Princeton Oaks Industrial Park

    Two non-profit environmental groups made up of local residents have sued the city of Orlando and affiliates of Foundry Commercial to try and stop development of the Princeton Oaks Industrial Park. The environmental groups -- Speak Up Wekiva, Inc., which claims more than 2,200 members, and Save...

  • Owners pitch historic reno of Parramore bldg near stadium w/new gastropub

    Owners pitch historic reno of Parramore bldg near stadium w/new gastropub

    Owners of a half-vacant retail building near Orlando City Soccer Club's new stadium in Parramore are proposing a historic renovation for a new bar and restaurant, the first phase of what may be multiple property redevelopments they'd pursue in the immediate area.  Located at 532 W. Church St.,...

  • City of Kissimmee pays $9.2M for park land & downtown office site

    City of Kissimmee pays $9.2M for park land & downtown office site

    Kissimmee City Commissioners this week approved two major property acquisitions totaling more than $9 million, including nearly 20 acres downtown in the city's Medical Arts District. Craig Holland, the city's development services director, said Kissimmee has been pursuing Osceola County's Beaumont...

  • Seminole County preps for construction on new high school vocational classes bldg

    Seminole County preps for construction on new high school vocational classes bldg

    Seminole High School’s two time-worn vocational education buildings will give way later this year to a new 19,500-square-foot structure that will include a wing for hands-on aircraft maintenance instruction. The Seminole County School Board will vote July 25 on whether to accept a $4.4 million...

  • Architects to interview for chance to design first NeoCity office building

    Architects to interview for chance to design first NeoCity office building

    Three architecture firms will have a chance on July 31 to convince Osceola County officials they have the creative vision to design an office building at NeoCity that will help attract global business leaders to the emerging tech district. Located next door to the Florida Advanced Manufacturing...

  • Osceola DRC approves Tavistock's Sunbridge Phase 1 concept plan

    Osceola DRC approves Tavistock's Sunbridge Phase 1 concept plan

    Osceola County's Development Review Committee approved a revised Concept Plan by Tavistock Development Company on Wednesday morning for a 2,700-acre first phase of Sunbridge. The new plan incorporates some changes from the developer's original plan that were requested by county staff. Tavistock...

  • Miami-based artist pays $6M for NNN-leased warehouse near Orlando airport

    Miami-based artist pays $6M for NNN-leased warehouse near Orlando airport

    An affiliate of Miami Beach-based photographer Robert Curran spent $6 million on Monday for his first investment property in Greater Orlando, a NNN-leased warehouse north of Orlando International Airport.  Located at 6333 McCoy Road in the Lee Vista Business Commons industrial park, the 42,300-square-foot...

  • PetSuites plans Florida market entry via Winter Springs, land under contract

    PetSuites plans Florida market entry via Winter Springs, land under contract

    PetSuites of America, a high-end boarding and grooming service for dogs and cats, plans to make its Florida debut on the southeast corner of State Roads 434 and 417 in Winter Springs. The company has submitted a final site plan for the new spa and kennel to Winter Springs planning staff, and has...

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