News

  • Artisan ice cream truck owner seeks retail space for expansion

    Artisan ice cream truck owner seeks retail space for expansion

    A veteran Brazilian chef who has established artisan ice cream truck Froby's over the past month while parked at International Premium Outlets is seeking local retail space, with an aim to establish two storefronts in Orlando over the next year.  Using only fresh fruit, imported chocolate and organic...

  • Tennessee-based developer buys industrial land near Winter Park for Class A apts

    Tennessee-based developer buys industrial land near Winter Park for Class A apts

    Tennessee-based multifamily developer and builder TDK Construction Company paid $5.64 million on Tuesday to enter the Florida market, buying nearly 17 acres in northeast Orange County with entitlements for a 332-unit Class A apartment complex.  The company is now sourcing a construction loan for...

  • Phil Kean Design Group to expand office footprint in Winter Park

    Phil Kean Design Group to expand office footprint in Winter Park

    Phil Kean Design Group plans to close within the next month on two property purchases in Winter Park near its office building row on W. Fairbanks Avenue, with an aim to expand staff parking and build two new townhomes.  Company principals Phil Kean and Brad Grosberg own three small office/retail...

  • Electronics manufacturer seeks tax incentives for plant expansion in Apopka

    Electronics manufacturer seeks tax incentives for plant expansion in Apopka

    The City of Apopka is set to approve tax incentives on Wednesday worth up to $60,000 for electronics manufacturer Qorvo US, Inc., which is leveraging rebates from the city, county and state in exchange for a $43 million expansion of its local plant.  Based in Greensboro, North Carolina, the company...

  • Canadian REIT pays $10M for Ocoee hotel, part of FL portfolio buy

    Canadian REIT pays $10M for Ocoee hotel, part of FL portfolio buy

    An 80-room Fairfield Inn and Suites in Ocoee that was bought for $7 million in August 2015 resold last week to a Vancouver-based real estate investment trust (REIT) for just over $10 million, a 44 percent increase for the individual seller. Located at 10971 W. Colonial Dr., the Nov. 29 sale was...

More GrowthSpotter News

  • Shopping plaza at Kissimmee downtown gateway sells for $8M

    Shopping plaza at Kissimmee downtown gateway sells for $8M

    A Brazilian-led investment group has acquired a Kissimmee shopping center and 7-Eleven gas station at one of the most prominent corner intersections in the city. Vine Street Plaza Investors LLC paid $8 million on Dec. 1 for the 4.3 acres at the northwest quadrant of Main and Vine streets, facing...

  • Investor proposes two new hotels on Phoenicia land along South I-Drive

    Investor proposes two new hotels on Phoenicia land along South I-Drive

    Port Orange-based hotel investor B.P. Sodhi filed plans Monday to develop two limited service hotels totaling 222 rooms on S. International Drive, targeting the last few undeveloped acres available from Phoenicia Development around its Orchid Bay Plaza shopping center.  Based on the east side of...

  • St. Cloud establishing downtown historic district with new tax incentives

    St. Cloud establishing downtown historic district with new tax incentives

    The St. Cloud City Council approved an ordinance establishing a Downtown Historic District on Thursday, putting policies in place that will add a layer of regulation and design standards for property owners in the district. The ordinance also creates financial incentives -- including tax abatement --...

  • Winter Park posts RFQs for 4 engineering and architectural service contracts

    Winter Park posts RFQs for 4 engineering and architectural service contracts

    The City of Winter Park is seeking bids this month for professional services related to architecture, transportation planning, stormwater management and general civil engineering. Four separate Requests for Qualifications (RFQ) were issued Friday and Monday with deadlines for submittals in early-to-mid-January....

  • David Weekley buys 3rd site for Downtown Orlando townhomes on Fern Creek Ave

    David Weekley buys 3rd site for Downtown Orlando townhomes on Fern Creek Ave

    Production builder David Weekley Homes is planning 10 townhomes on a half-acre site on Fern Creek Avenue in Downtown Orlando, its third such project in the downtown submarket to break ground next year, the company's local division president told GrowthSpotter.  An affiliate LLC paid $600,000 on...

  • Historic Stetson Mansion in DeLand to hit the market this weekend

    Historic Stetson Mansion in DeLand to hit the market this weekend

    One of Florida's most historic Gilded Age mansions and top tourist attractions is on the market as of Saturday. Eleven years after they bought the Stetson Mansion and led a multi-million restoration, JT Thompson and Michael Solari are listing the mansion and wedding venue complex for $3.2 million....

  • Floridays and JV partner buy hotel site near outlet mall, seek lender & GC options

    Floridays and JV partner buy hotel site near outlet mall, seek lender & GC options

    Sarasota-based Floridays Development Co. and a Michigan-based partner paid $2.65 million on Dec. 1 for a 2.42-acre lot near Orlando Vineland Premium Outlets, where they plan to build a Holiday Inn & Suites.  The developer is now considering lenders and general contractors in anticipation of a Second...

  • Summit Construction files plans for two new Osceola charter schools

    Summit Construction files plans for two new Osceola charter schools

    Charter school specialist Summit Construction Management Group filed construction plans late last week for two new charter schools on opposite ends of Osceola County. The first, Boggy Creek Charter School, is located at 3200 Tindall Acres Road. Plans filed with the South Florida Water Management...

  • Eyesore property at entrance to Eustis sells for redevelopment

    Eyesore property at entrance to Eustis sells for redevelopment

    A former Lowe’s site that has sat empty for years on a prominent corner at the entrance of Eustis sold on Thursday for $1.6 million. The 9.29-acre property was bought by an LLC controlled by a local physician, who has plans to build a medical office development on the nearly nine acres along U.S....

  • AD1 Global proposes hotel trio with beach amenities, seeks flags & lender

    AD1 Global proposes hotel trio with beach amenities, seeks flags & lender

    Hollywood-based hotel owner-operator AD1 Global is proposing a trio of select service hotels totaling 429 rooms on more than 57 acres in the southwest corner of Orange County, and will seek agreements with flags and a commercial lender in the coming year, the company's president told GrowthSpotter. ...

  • Magic Development looking to add more retail to Magic Place Phase 1

    Magic Development looking to add more retail to Magic Place Phase 1

    Just weeks from breaking ground on the $1.7 billion Magic Place community, Magic Development is tweaking its Phase 1 site plan to add more retail space. Project Manager Hector Lizasuain told GrowthSpotter the company will delay construction of its 20,000-square-foot corporate headquarters and sales...

  • Developer buys 20 acres south of OCCC for $11.5M, following hotel tower plans

    Developer buys 20 acres south of OCCC for $11.5M, following hotel tower plans

    An affiliate of South Florida developer DCS Real Estate Holdings paid $11.5 million on Nov. 30 for a 20-acre site south of the Orange County Convention Center's West Concourse, where it plans to build a convention-level hotel tower with 1,000 to 1,200 keys.  Located on the northwest corner of Westwood...

  • Auto dealer Carvana buys I-4 site for 8-story 'car vending machine'

    Auto dealer Carvana buys I-4 site for 8-story 'car vending machine'

    Phoenix-based online auto dealer Carvana.com has purchased land fronting Interstate 4 for its first Orlando-area "car vending machine." Carvana, which opened delivery service in Orlando this past spring, paid $1.6 million for the 2.84-acre parcel on the 3500 block of Rio Vista Avenue, directly...

  • MMI breaks ground on $8.1M Apopka interchange, apts & retail to follow

    MMI breaks ground on $8.1M Apopka interchange, apts & retail to follow

    MMI Development celebrated the recent groundbreaking on Thursday of a $8.1 million interchange it's building in Apopka at the S.R. 414 intersection with Marden Road, which by mid-2017 will provide a large part of the city new interconnectivity, and open 72 acres of MMI land to new development. ...

  • Crescent preps construction start after buying Lucerne site in Downtown Orlando

    Crescent preps construction start after buying Lucerne site in Downtown Orlando

    Crescent Communities will break ground this month with Brasfield & Gorrie on a two-year construction timeline for its Crescent Lucerne mixed-use project in south Downtown Orlando, and is actively seeking more sites after selling two local apartment assets within the past year, a lead executive...

  • Veterinarians buy building on Kissimmee Tech Corridor for new animal hospital

    Veterinarians buy building on Kissimmee Tech Corridor for new animal hospital

    A pair of Orlando veterinarians have purchased a 15,000-square-foot Class B office building on Kissimmee's E192 tech corridor and plan to open a new clinic there. SGB Properties LLC, which is composed of DVMs Anuradha Nallapaneni and Yugendar R. Bommineni, paid $900,000 in late October for the...

  • Newly-formed Robbins Electra buys Lake Ellenor-area apts for $26.2M

    Newly-formed Robbins Electra buys Lake Ellenor-area apts for $26.2M

    Tampa-based multifamily owner-operator Robbins Electra paid $26.2 million on Wednesday for the 296-unit Landmark at Lake Ellenor apartments, it's eighth asset in the Greater Orlando market, and will invest another $2.2 million in renovations, the company's CEO told GrowthSpotter.  Located at 2100...

  • Tavistock clears Sunbridge hurdles with Orange County BCC approval

    Tavistock clears Sunbridge hurdles with Orange County BCC approval

    Tavistock Development Company cleared its biggest hurdle yet on Tuesday for the 4,787-acre Orange County portion of its proposed Sunbridge community, earning commissioners' unanimous approval on a Comprehensive Plan amendment, and components including a Future Land Use Map change, Urban Growth...

  • Orange County Public Schools invites bids for building plan review contractors

    Orange County Public Schools invites bids for building plan review contractors

    Orange County Public Schools is seeking private bidders to help the school system review new construction plans for compliance with Florida’s building codes. In an Invitation to Bid (ITB) published this week, the school system details its need for service providers to review plans for compliance...

  • Osceola officials to visit middle school sites before buying architectural plans

    Osceola officials to visit middle school sites before buying architectural plans

    Osceola County school officials will schedule trips to Orlando and Palm Springs in January to visit the top four middle school sites among dozens of prototype designs that were submitted this month for reuse. The district has had a successful history with Schenkel Shultz, which has designed middle...

  • Developer to build four Alzheimer's care facilities in 2017, lender sought for fifth

    Developer to build four Alzheimer's care facilities in 2017, lender sought for fifth

    Orlando-based Certus Senior Living should break ground in January on the first of four $13 million Alzheimer's-focused senior care facilities in Central Florida it plans to start building in the first half of 2017, and will seek a lender for a fifth site later in the year, the company's CEO told...

  • Developer revives expansion plans for Lake Buena Vista Factory Stores

    Developer revives expansion plans for Lake Buena Vista Factory Stores

    A long-awaited expansion of the Lake Buena Vista Factory Stores retail outlet on Orlando’s tourism corridor may be finally coming to fruition. Countyline Properties LLC, an affiliate of the shopping center's owner, developer and manager, Sutton Properties of St. Petersburg, has submitted documents...

  • OCPS nears design finish on 97-acre redevelopment, bid opportunities in April

    OCPS nears design finish on 97-acre redevelopment, bid opportunities in April

    Orange County Public Schools is nearing design completion for the redevelopment of its 97-acre Pine Hills Bus Complex, and will open bidding for subcontractors in early April for the $27 million project.  OCPS filed a Development Plan and Preliminary Subdivision Plan on Monday with Orange County...

  • Florida Hospital Waterman buys 10.5 acres in Mount Dora near country club

    Florida Hospital Waterman buys 10.5 acres in Mount Dora near country club

    Florida Hospital Waterman paid $2.35 million on Nov. 18 for about 10.5 acres on U.S. 441 that lie just south of the entrance to the Country Club of Mount Dora, and about six miles from its campus.  A spokesperson for the hospital said it has no firm plans to develop the vacant Mount Dora land. ...

  • Oviedo seeks lender for $5M loan to finance golf course purchase

    Oviedo seeks lender for $5M loan to finance golf course purchase

    The City of Oviedo is seeking proposals from lenders for a loan to help finance part of its acquisition costs with the Twin Rivers Golf Course property in January. City Council members agreed in late September to buy the struggling 310-acre golf course for $5 million, pay the owner an extra $465,000...

  • Digital marketing company buys vacant Downtown Orlando office bldg, plans reno

    Digital marketing company buys vacant Downtown Orlando office bldg, plans reno

    The co-founders of local digital marketing company Net Conversion recently paid $1.55 million to buy a vacant office building in Downtown Orlando, which they'll fully renovate in the coming months to relocate the growing firm. Located at 141 N. Magnolia Ave. on the corner with E. Jefferson Street,...

  • AV Homes seeks to add more commercial in Poinciana area

    AV Homes seeks to add more commercial in Poinciana area

    AV Homes is seeking to add more commercial uses along the Bellalago corridor of Pleasant Hill Road in Poinciana. The homebuilder has applied for a PD amendment to its Isles of Bellalago development, formerly known as Bellalago West. The 588-home community across from AV Homes' original Bellalago stretches...

  • Toronto-based REIT buys Windermere apts for $56M as part of portfolio deal

    Toronto-based REIT buys Windermere apts for $56M as part of portfolio deal

    Toronto-based Milestone Apartments REIT paid $56 million on Nov. 22 for the 276-unit Casa Mirella apartments in Windermere, part of a six-property portfolio acquired from New Jersey-based Raia Properties Corp. first announced in late October, totaling roughly $242.2 million.  Milestone filed notice in...

  • New warehouse to be built on spec at South Seminole Commerce Park near Maitland

    New warehouse to be built on spec at South Seminole Commerce Park near Maitland

    Hickman Enterprises a long-time builder of commercial warehouses in Seminole County, is planning a new building in the company’s South Seminole Commerce Park near Maitland. The 14,500-square-foot building will be the fifth structure in the 10-acre commerce park, and will include 2,000 square feet...

  • BREL Capital starts on Mall at Millenia-area apartments, preps Maitland site

    BREL Capital starts on Mall at Millenia-area apartments, preps Maitland site

    Fort Lauderdale-based multifamily developer BREL Capital has begun site work on a 403-unit second phase of its Millenia 700 apartments southeast of the Mall at Millenia, one of three new developments in Florida it's planning with general contractor Wieland.  A site plan was initially approved in...

  • Orlando firms back 4 developer bids for free office land in Osceola research park

    Orlando firms back 4 developer bids for free office land in Osceola research park

    The opportunity to build the first Class A/B office building in Osceola County's Florida Tech Farm research park drew bids from four real estate development firms, including two from Florida. "I'm very happy," County Manager Don Fisher told GrowthSpotter on Tuesday afternoon, after sealed bids...

  • California citrus leader buys Lake Buena Vista retail site w/new 20-year NNN lease

    California citrus leader buys Lake Buena Vista retail site w/new 20-year NNN lease

    One of California's leading citrus packing families paid roughly $5.05 million on Nov. 17 for a piece of Orlando's tourism corridor, buying a shuttered restaurant site in Lake Buena Vista that was leased last month to a triple-net tenant for 20 years.  The buyer was Our Way Development Company,...

  • Clearwater developers planning 89-lot subdivision in Four Corners

    Clearwater developers planning 89-lot subdivision in Four Corners

    Clearwater developer Mike Galvin will seek approval from Polk County's Development Review Committee next month for a 95-lot subdivision in the Four Corners area, just south of Reunion Resort. Galvin and business partner R. Tom Chapman's Tanglewood Land Investments snatched up the 125 acres of mostly...

  • CFX shortlists 6 top engineering firms for Osceola toll road studies

    CFX shortlists 6 top engineering firms for Osceola toll road studies

    Kimley-Horn leads the group of six engineering firms invited to submit technical proposals to the Central Florida Expressway Authority to conduct feasibility studies on four future toll roads in Osceola County. CFX approved a 3-way interlocal agreement with Osceola County and the Osceola County...

  • New UCF energy plant in subcontractor & cost review phase, supplier openings ahead

    New UCF energy plant in subcontractor & cost review phase, supplier openings ahead

    Construction could start as soon as January on a new $13 million energy plant at The University of Central Florida, with opportunities to open for suppliers and service providers.  To be located on the university's main campus, UCF's new District Energy Plant IV will occupy 2.5 acres on the southwest...

  • Roomba Inn owners expect lengthy permitting process for site redevelopment

    Roomba Inn owners expect lengthy permitting process for site redevelopment

    The owners of the Roomba Inn & Suites next to Old Town in Kissimmee expect about a nine-month review process before they can begin demolition work on the site and start building a new Hilton Home2 Suites. CTN Developments Vice President Abdul Alshoghri met last week with county planners for the...

  • Veteran healthcare attorney buys $1.45M home in Winter Park

    Veteran healthcare attorney buys $1.45M home in Winter Park

    A veteran healthcare industry attorney and his wife paid $1.45 million on Wednesday for an 81-year-old home in Winter Park.  The buyers were Kenneth D. McArthur, Jr., and Mary W. McArthur. Kenneth is an attorney with Boies, Schiller & Flexner LLP, with more than 20 years of legal, consulting and...

  • Orange County posts RFP for real estate representative services

    Orange County posts RFP for real estate representative services

    Orange County is seeking a real estate representative to help with its purchase, sale and leasing of land, office and warehouse space, publishing a Request for Proposals (RFP) on Thursday.  This real estate representative service provider role has been filled by CBRE, Inc. since 2011, on a contract...

  • New Winter Haven hotel site explored across from Legoland

    New Winter Haven hotel site explored across from Legoland

    A Birmingham hotel operator has filed preliminary plans with Polk County for a new five-story hotel across from Legoland Florida Resort. Mehendra Patidar, who owns and operates a pair of Days Inn hotels in Alabama, requested a pre-application meeting with county staff for Dec. 1 to discuss planning...

  • NY-based multifamily investor pays $28.6M for value-add apts in Winter Park

    NY-based multifamily investor pays $28.6M for value-add apts in Winter Park

    Affiliates of New York-based White Eagle Property Group paid $28.65 million on Wednesday for the 252-unit Cranes Landing Apartments in Winter Park, and will invest another $1 million in renovation work, the company's CEO told GrowthSpotter.  Located at 3440 N. Goldenrod Road, south of the intersection...

  • Two local developers partner on Kissimmee retail project, pay $2.5M for site

    Two local developers partner on Kissimmee retail project, pay $2.5M for site

    Local developers Intram Investments and Blurock Commercial Real Estate are partnering on their third commercial-retail project together, paying $2.5 million on Nov. 14 for a 2.3-acre parcel on Kissimmee's W192 tourism corridor.  The property lies in the 8000 block of W. Irlo Bronson Memorial Highway...

  • Atlanta developer to add office building & clubhouse to Lake Mary’s Primera park

    Atlanta developer to add office building & clubhouse to Lake Mary’s Primera park

    TPA Group, known for award-winning office complexes in Atlanta and elsewhere, has new plans for land it purchased in September in Lake Mary’s Primera office park. Dubbed Edison at Primera, the developer plans to build a two-story, 111,380-square-foot office building on Primera Boulevard between...

  • Orlando real estate power couple buys lakefront lot in Isle of Osprey

    Orlando real estate power couple buys lakefront lot in Isle of Osprey

    One of Orlando's commercial real estate couples paid $1.35 million on Wednesday for a one-acre waterfront lot in the guard-gated community Isle of Osprey, with plans to build a large new home in the coming year.  The buyers were Joe Schuemann, a local developer and principal in Blurock Commercial...

  • South Carolina company expanding self storage business with Poinciana site

    South Carolina company expanding self storage business with Poinciana site

    Johnson Development Associates is entering the Orlando market with its first self-storage facility on Cypress Parkway in Poinciana. The Spartanburg, South Carolina-based company paid $1 million to AV Homes for nearly six acres at the intersection of Cypress and Country Club Drive. The acquisition,...

  • Owner behind MetroWest's Veranda Park revival plans 150-unit condo conversion

    Owner behind MetroWest's Veranda Park revival plans 150-unit condo conversion

    Canadian residential developer Geosam Capital is preparing to convert its 150-unit The Residences at Veranda Park apartments in MetroWest back to their original condominium state, with sales to start in January and development plans in review for an adjacent 13.5 waterfront acres, the company's...

  • Brazilian developer plans first industrial project in Orlando, eyes more land

    Brazilian developer plans first industrial project in Orlando, eyes more land

    A developer and builder from northeast Brazil plans to break ground in January on his first North American project in an Orlando industrial park, and is eyeing more local property to acquire in 2017, a principal with the company told GrowthSpotter.  The local business is an affiliate of Estrutura...

  • Park Square Homes pitches luxury mixed-use development behind Magic Place

    Park Square Homes pitches luxury mixed-use development behind Magic Place

    Fast-growing Park Square Homes is eyeing a prime spot in the W192 tourist corridor for a luxury mixed-use development combining residential, retail and three hotels across 168 upland acres. The Orlando-based developer is in discussions with the owner of a 247-acre tract immediately south of the...

  • Retired property investor buys Ocoee strip center, seeks more locally

    Retired property investor buys Ocoee strip center, seeks more locally

    A former hair salon franchisee from the northeast who moved to Orlando three years ago paid $1.7 million on Nov. 10 for his second local commercial property, and seeks more stable assets for a portfolio to support his early retirement.  Located at 2450 Maguire Road in Ocoee, the 0.96-acre property...

  • Local CRE fund has vacant Downtown Orlando office building under contract

    Local CRE fund has vacant Downtown Orlando office building under contract

    A local commercial real estate fund has a 34-year-old vacant office building in Downtown Orlando under contract, with plans to close in December, fill it with tenants and explore vertical redevelopment over the next decade, its CEO told GrowthSpotter.  Located at 320 E. South St., the 1.82-acre...

  • Feasibility, funding study to come on I-Drive & Sand Lake Rd bridge (video)

    Feasibility, funding study to come on I-Drive & Sand Lake Rd bridge (video)

    Finalizing agreements on the design, funding and timeline for a proposed pedestrian bridge at International Drive and Sand Lake Road could come next year, as Orange County planners are preparing to start a feasibility study on the project.  "This is in line with the I-Drive vision, it's perfect...

  • Lake County citrus family trust assembles land around new Publix in Tavares

    Lake County citrus family trust assembles land around new Publix in Tavares

    The Whitaker Family Trust has added another 9 acres to its land surrounding the new Publix on S.R. 19 in Tavares, and is asking the city to annex the parcel and rezone it from Lake County’s Agricultural classification into Tavares to mixed-use Commercial. The city's Planning and Zoning board is...

  • Infrastructure plans filed for lakefront Grenada land in Dr. Phillips

    Infrastructure plans filed for lakefront Grenada land in Dr. Phillips

    Plans to subdivide and build initial road infrastructure were submitted Monday for one of the last large infill opportunities in the Dr. Phillips housing submarket, with more than 80 acres under contract to a national residential developer.  Based southwest of the intersection of Sand Lake and...

  • Apopka gun store and firing range owner lines up property for expansion

    Apopka gun store and firing range owner lines up property for expansion

    Apopka-based gun store chain Shoot Straight plans to invest up to $4 million next year to double the size of a local warehouse that supplies its stores statewide, with land under contract and a rezoning request under city review, the company's owner told GrowthSpotter.  Considered the state's largest...

  • Land owner preps for retail in Seminole-Volusia growth corridor

    Land owner preps for retail in Seminole-Volusia growth corridor

    A Seminole County property owner is laying the groundwork for a large retail development in an area of the county expected to see a surge in new residential construction during the next five years. Representatives for Takvorian Properties LLC met this week with Seminole County planners to discuss...

  • Wallack adds SkyLedge attraction to lineup atop Skyplex tower for 2019

    Wallack adds SkyLedge attraction to lineup atop Skyplex tower for 2019

    Developer Joshua Wallack announced Friday he has acquired the first United States location rights for EdgeWalk, adding a fifth attraction to his proposed Skyplex entertainment complex on International Drive. To be renamed SkyLedge, the attraction will let visitors walk around the top of the future...

  • Chicago developers buy site near UCF, with plans & permits for student housing

    Chicago developers buy site near UCF, with plans & permits for student housing

    Chicago-based developer Core Spaces paid $7.2 million on Wednesday for 6.97 acres south of the University of Central Florida, with permits ready to start site work this month for a 749-bed student housing development.  Located at 12401 E. Colonial Dr., the site is 2.1 miles south of the UCF campus,...

  • Encore adding density, smaller lots in Reunion West

    Encore adding density, smaller lots in Reunion West

    As Encore Capital Management gears up to launch the second phase of its Encore Club at Reunion Resort, the developer is tweaking the site plan to squeeze in a few more lots. Encore launched the 250-acre subdivision in the northwest quadrant of the I-4 - Western Beltway (429) interchange in 2015....

  • Wells Fargo moving Downtown Orlando branch, vacating 23K SF of tower space

    Wells Fargo moving Downtown Orlando branch, vacating 23K SF of tower space

    Wells Fargo is preparing to lease 3,600 square feet of the former Fields Fiat-anchored building at 131 N. Orange Ave., relocating one of its two Downtown Orlando retail branches.  The move should occur in Second Quarter 2017, and will wrap up a notable reduction of the company's footprint in the...

  • Ocoee publishes RFQ for surveying and mapping service contractors

    Ocoee publishes RFQ for surveying and mapping service contractors

    Increasing development has prompted the City of Ocoee to seek help with its survey work, publishing a request for qualifications (RFQ) this week for a continuing contract for surveying and mapping services. Licensed surveying and mapping firms could be providing a variety of surveying and mapping...

  • W192 motel across from helicopter tour business sells for $1.62M

    W192 motel across from helicopter tour business sells for $1.62M

    A pair of Chinese investors have paid $1.62 million for a 54-room hotel on Kissimmee's W192 tourist corridor. The Goldstar Inn & Suites at 4600 W. Irlo Bronson Memorial Hwy. was built in 1984. It's an exterior corridor motel with living quarters on site for the owner/manager.   The sellers, AARush...

  • Avistone buys first industrial park property in Orlando, seeks more stabilized assets

    Avistone buys first industrial park property in Orlando, seeks more stabilized assets

    California-based industrial real estate investor Avistone paid $9 million on Nov. 3 for three small-bay industrial flex buildings in Orlando Central Park, it's first asset in the Greater Orlando market, and is pursuing more locally, a managing principal with the company told GrowthSpotter. Located...

  • Trio of businessmen plan new craft brewery in Downtown Ocoee

    Trio of businessmen plan new craft brewery in Downtown Ocoee

    Three local businessmen are teaming up to launch a new craft brewery in downtown Ocoee in anticipation of the area's redevelopment, and will hire contractors, an architect and engineer in the coming months, one of the trio told GrowthSpotter. Located at the northwest corner of McKey Street and...

  • Sanford offers developers $100K for new construction in downtown

    Sanford offers developers $100K for new construction in downtown

    With nearly 100 acres of developable property in and around downtown Sanford, the city has a new grant program to incentivize construction in the area. The Sanford Downtown Community Redevelopment Agency (CRA) launched its New Construction Grant program in October, which will reimburse developers...

  • Prospective FDOT taking near Disney leaves Crossroads restaurants in limbo

    Prospective FDOT taking near Disney leaves Crossroads restaurants in limbo

    Faced with the prospect of losing their businesses due to the I-4 widening project, restaurant owners in Crossroads at Lake Buena Vista across from a Walt Disney World entrance are stuck in an expensive state of limbo. "It is just a waiting game, which is why a number of restaurants are not responding...

  • Nonprofit & developer seek GC for Clermont's first affordable apts in 20 yrs

    Nonprofit & developer seek GC for Clermont's first affordable apts in 20 yrs

    Local faith-based nonprofit New Beginnings is nearing the construction phase on a 96-unit affordable apartment complex in Clermont and has yet to choose a general contractor, the group's CEO told GrowthSpotter.  Planned for 9.66 acres on the east side of S. Grand Highway and south of Citrus Tower...

  • Shingle Creek Resort expansion's Phase 2 delayed with new bldg & garage request

    Shingle Creek Resort expansion's Phase 2 delayed with new bldg & garage request

    Rosen Hotels & Resorts' multi-phase expansion of its Shingle Creek Resort should break ground on Phase 2 by November 2017 or sooner, after adding structured parking and a second building to the plans this week, a lead executive coordinating the project told GrowthSpotter.  The company filed a change...

  • McKinley buys 23rd apartment property in Greater Orlando

    McKinley buys 23rd apartment property in Greater Orlando

    Multifamily owner-operator McKinley closed Tuesday on its 23rd property in Greater Orlando and third in Winter Park, buying the 120-unit Howell Crossing Apartments with a thorough renovation planned over the next six months.  Located at 2890 Red Lion Square on the Seminole County side of Winter...

  • Atlantic Housing Partners preps East Orange business park site for multifamily

    Atlantic Housing Partners preps East Orange business park site for multifamily

    Winter Park-based Atlantic Housing Partners is preparing 18.5 acres in east Orange County for a 238-unit apartment complex. The site just north of the East-West Expressway (S.R. 408) and east of Valencia College's east campus was previously slated for a business park. The developer and land owner...

  • Developer buys Winter Park land for region's first Orchard Supply Hardware

    Developer buys Winter Park land for region's first Orchard Supply Hardware

    Minnesota-based developer Oppidan Investment Company paid $5.75 million on Nov. 1 for 2.4 acres on S. Orlando Avenue in Winter Park, where it plans to build the first Orlando-area store for Lowe's-owned chain Orchard Supply Hardware.  The sale reflects a land value of $55 per square foot, one of...

  • Sanford unveils concepts for waterfront events center, revives talk of hotel

    Sanford unveils concepts for waterfront events center, revives talk of hotel

    A new events center overlooking Sanford's Lake Monroe is in the early planning stages, and the development could revive city efforts to draw a hotel to its downtown district. Sanford's Downtown Community Redevelopment Agency (CRA) – created to spur redevelopment along and near the downtown's waterfront...

  • Majors Investments buys MetroWest office bldg, nears finish in Ivanhoe Village

    Majors Investments buys MetroWest office bldg, nears finish in Ivanhoe Village

    Orlando-based Majors Investments paid $2.3 million on Oct. 26 through an affiliate to buy a local media group's office building in MetroWest, where it plans to house the staff of its Medical Villages division and find tenants for the half-empty building.   Located at 1500 Park Center Dr., between...

  • Oviedo publishes RFQ for construction engineering and inspection services

    Oviedo publishes RFQ for construction engineering and inspection services

    The City of Oviedo is seeking firms to provide Construction Engineering and Inspection (CEI) services for the next year or more, it announced in a Request for Qualifications (RFQ) published last week. It's anticipated that at least three individuals or firms may be selected for a contract of one...

  • St. Cloud charter school files plans for new K-5 building set to open Fall 2017

    St. Cloud charter school files plans for new K-5 building set to open Fall 2017

    St. Cloud Preparatory Academy has selected a contractor and filed building plans for a new 22,250-square-foot elementary school building, with plans to open in Fall 2017. The Stevens Plantation charter school was sold over the summer for $10.3 million to Oregon-based Charter School Capital, which...

  • Private school Radiant Life Academy plans expansion, new building

    Private school Radiant Life Academy plans expansion, new building

    Private Christian school Radiant Life Academy is planning to expand its building footprint in west Orange County over the coming year, with aim to double its current enrollment over the next five years.  Located at 8151 Clarcona Ocoee Road near Ocoee, the school operates out of the Radiant Life...

  • Large Groveland community plans call for rare water-saving measures

    Large Groveland community plans call for rare water-saving measures

    When owners of Villa City, a 2,467-acre assemblage north of Groveland in Lake County, started working to get approvals to develop the land a couple of years ago there was one big problem: they couldn’t show they had enough water available to sustain the thousands of homes planned. "Villa City came...

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