I-Drive Developments

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  • Universal reveals new images & rate details for hotels on former waterpark site

    Universal reveals new images & rate details for hotels on former waterpark site

    Universal Orlando released new renderings, the promise of low rates and room count details on Monday morning for the two hotels it plans to build on the former Wet 'n Wild property along International Drive.  The company announced via its theme park blog that both hotels will offer Universal Orlando's...

  • Hotel developer has site under contract in 'Grand National' project on N. I-Drive

    Hotel developer has site under contract in 'Grand National' project on N. I-Drive

    A Tennessee-based hotel developer making its Orlando market entry has land under contract within North American Properties' mixed-use "Grand National" project on the north end of International Drive, with plans for a new TownePlace Suites by Marriott.  Developer 3H Group has filed a Specific Parcel...

  • Rosen Hotels pays $24M+ for two properties next to Rosen Centre

    Rosen Hotels pays $24M+ for two properties next to Rosen Centre

    Affiliates of Rosen Hotels & Resorts paid a combined $24.3 million or more on Thursday for two small aging hotels off International Drive that neighbor its Rosen Centre Hotel, which the seller told GrowthSpotter will likely be demolished for new construction. The properties include the 4.15-acre,...

  • Wyndham timeshare resort on I-Drive to double footprint w/Phase 2 expansion

    Wyndham timeshare resort on I-Drive to double footprint w/Phase 2 expansion

    Orlando-based Wyndham Resort Development Corp. is planning to double the size of one of its local WorldMark timeshare resorts with an 87-unit expansion, but will introduce a second brand in the process. Located at 12000 International Dr., the Wyndham Orlando Kingstown Reef Resort is one of two...

  • Taiwanese investors pursue final phase of Vista Cay Resort vacation condos

    Taiwanese investors pursue final phase of Vista Cay Resort vacation condos

    A pair of Taiwanese investors by way of Ormond Beach want to build out the final phase of short-term rental condominium buildings at Vista Cay Resort, set between the Orange County Convention Center and Universal Boulevard.  Yun-Chung Hsueh and Hsiu Lan Tu, who split time between Vancouver and...

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  • Schulte Hospitality pays $23.6M+ for Castle Hotel on I-Drive

    Schulte Hospitality pays $23.6M+ for Castle Hotel on I-Drive

    Louisville-based hotel owner-operator Schulte Hospitality Group paid more than $23.6 million on Tuesday to enter the Orlando market, buying the 214-key Castle Hotel in the heart of International Drive.  Located at 8629 International Dr. just south of I-Drive 360, the property lies across Universal...

  • Hyatt plans new $2M+ amenity investment for Regency hotel on I-Drive

    Hyatt plans new $2M+ amenity investment for Regency hotel on I-Drive

    Hyatt Hotels Corp. is planning to invest $2 million or more later this year at the Hyatt Regency Orlando-International Drive to build a new 24-hour market, making it one of the first hotels for a new amenity being rolled out over the next few years across 160-plus Regency properties worldwide. ...

  • AD1 Global has land under contract for two hotels near SeaWorld & I-Drive

    AD1 Global has land under contract for two hotels near SeaWorld & I-Drive

    Hollywood-based hotel owner-operator AD1 Global has more than 5 acres under contract southeast of SeaWorld, with early plans for a dual-brand property of 300-plus rooms, lead executives with the company told GrowthSpotter.  Based just off the southeast corner of Central Florida Parkway and International...

  • Phoenicia Development preps new inline retail space for South I-Drive

    Phoenicia Development preps new inline retail space for South I-Drive

    Citing high demand for small tenant space at its Orchid Bay Plaza shopping center on S. International Drive, Orlando-based Phoenicia Development is pushing forward with plans for a new inline retail building directly south and could sell nearby hotel pads by July, the company's CEO told GrowthSpotter. ...

  • 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...

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  • Universal seeks Wet n' Wild site redevelopment for 4,000 hotel rooms

    Universal seeks Wet n' Wild site redevelopment for 4,000 hotel rooms

    Universal Orlando filed a framework master plan on Monday to redevelop its shuttered Wet 'n Wild property with up to 4,000 hotel rooms. Located at 6200 International Dr., 64.6 acres that make up the former water park property lie across nine contiguous parcels, with 23.65 acres for the water park...

  • Hilton Orlando owner buys nearby land to retain water, free up pond for infill

    Hilton Orlando owner buys nearby land to retain water, free up pond for infill

    An affiliate of RIDA Development Corp., owner of the 1,418-room Hilton Orlando on the corner of Destination Parkway and International Drive, paid $3.85 million on Friday for an adjacent six acres, where it plans to divert the hotel's stormwater retention and free up more than 2 acres on the hotel...

  • Orange County Public Schools has South I-Drive site under contract

    Orange County Public Schools has South I-Drive site under contract

    Orange County Public Schools has 20 acres under contract for a future elementary school on the southern end of International Drive, drawn to invest in the tourism corridor as a growing number of new apartments there attract and retain families.  Located in the 13000 block of South I-Drive and southeast...

  • Mexican restaurant chain, cigar lounge new to Orlando planned at I-Drive 360

    Mexican restaurant chain, cigar lounge new to Orlando planned at I-Drive 360

    Irving, Texas-based Mexican restaurant chain Uncle Julio's is planning its first Central Florida location on International Drive, with construction underway on the building shell at I-Drive 360.  "They're someone we've been talking to for quite some time, it will be a very cool Mexican restaurant,"...

  • Starflyer developer progresses with permits, construction expected in April

    Starflyer developer progresses with permits, construction expected in April

    Developers of the Starflyer attraction planned for International Drive said Monday they're roughly a month away from breaking ground, with a December opening targeted for the $9 million project. Site owner Unicorp National Developments' president and CEO Chuck Whittall said he expects to be granted...

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  • Owners assembling land off South I-Drive pursue enviro permits, sale to developers

    Owners assembling land off South I-Drive pursue enviro permits, sale to developers

    A property rights law firm that has helped 103 clients assemble 600-plus acres for development in Orlando's tourism corridor is weeks away from applying for two environmental permits.  Processing and approval of those could run through Summer 2017, but marketing has started this month for what...

  • Developer plans convention-level hotel tower on 20 acres south of OCCC

    Developer plans convention-level hotel tower on 20 acres south of OCCC

    Randall F. Greene and DCS Real Estate Holdings, the South Florida developer behind Bella Collina and other high profile Orlando-area projects, has a 20-acre site under contract south of the Orange County Convention Center's West Concourse, with plans to build a convention-level hotel tower with...

  • AMP Group signs two new retailers & helitour operator for I-Drive properties

    AMP Group signs two new retailers & helitour operator for I-Drive properties

    AMP Group, the Orlando-based owner/operator of 10 retail properties on North International Drive, has signed a Brazilian natural foods store and menswear retailer to fill Orlando Crossings East, and a local helitour operator to take over its dual helipad plan for the parking lot of Crossings West. ...

  • NY investors buy I-Drive Bass Pro Shops for $17 million

    NY investors buy I-Drive Bass Pro Shops for $17 million

    A pair of real estate investors from New York paid $17 million this week for Orlando's Bass Pro Shops Outdoor World superstore at Artegon Marketplace. "It's a beautiful piece of property and a beautiful store," buyer Michael Aviles told GrowthSpotter on Tuesday. "We feel like it's a good long-term...

  • Artegon owner engages CBRE to market North I-Drive mall for potential sale

    Artegon owner engages CBRE to market North I-Drive mall for potential sale

    New York-based Lightstone Group, owner of Artegon Marketplace on N. International Drive, has hired the land services team of CBRE Orlando to begin marketing the 100-acre property for prospective sale, the company told GrowthSpotter on Tuesday. Lightstone said it considers Artegon "a tremendous...

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  • Future connectivity draws O'Connor Capital to 50+ acres on Daryl Carter Pkwy

    Future connectivity draws O'Connor Capital to 50+ acres on Daryl Carter Pkwy

    O'Connor Capital Partners has more than 50 acres of land owned by a Daryl Carter affiliate under contract north of Orlando Vineland Premium Outlets, with plans for a 530,000-square-foot retail power center. The developer will benefit from a key roadway connection set to break ground in early 2017,...

  • Hilton Orlando owner seeks to free 2 acres for development by diverting stormwater

    Hilton Orlando owner seeks to free 2 acres for development by diverting stormwater

    RIDA Development Corp., owner of the 1,418-room Hilton Orlando on the corner of Destination Parkway and International Drive, is working with a nearby land owner to try and divert its stormwater retention off-site, freeing up more than 2 acres on the hotel parcel for future development.  The company...

  • Bluegreen Corp. seeks to expand next timeshare tower at The Fountains resort

    Bluegreen Corp. seeks to expand next timeshare tower at The Fountains resort

    Boca Raton-based Bluegreen Corporation wants to expand its planned ninth timeshare tower by three floors at its expansive The Fountains resort on S. International Drive, filing a change determination request on Thursday with Orange County. Located at 12400 South I-Drive southwest of Lake Eve, the...

  • Wallack wants more hotel rooms, entertainment space in Skyplex plan

    Wallack wants more hotel rooms, entertainment space in Skyplex plan

    Developer Joshua Wallack wants to increase the size of his entertainment space and hotel at the planned Skyplex entertainment complex, filing a change determination review Thursday with Orange County to convert uses within the approved development program.  The original development program in the...

  • Trammell Crow Residential files plan for 656 apts on Universal Boulevard

    Trammell Crow Residential files plan for 656 apts on Universal Boulevard

    Atlanta-based developer Trammell Crow Residential (TCR) filed plans on Wednesday for 656 apartments on 26 acres it's preparing to buy in the heart of Orlando's tourism corridor, northeast of Universal Boulevard and between planned sites of Topgolf, Andretti Indoor Karting & Games, and the bulk...

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  • North American Properties aims high in entitlement hunt for site on N. I-Drive

    North American Properties aims high in entitlement hunt for site on N. I-Drive

    Cincinnati-based North American Properties should close in the next 60 days on 16.5 acres on the northern end of International Drive, directly south of Orlando International Premium Outlets, after filing a master plan with City of Orlando for an aggressive entitlement mix of retail, office, apartments...

  • Fun Spot prioritizes parking expansion this year as first stage of bigger plans

    Fun Spot prioritizes parking expansion this year as first stage of bigger plans

    Fun Spot America is reorganizing its expansion priorities this year, focusing first on an estimated $2 million investment to double its paved parking space before moving on next year to adding new park attractions, the company's marketing director told GrowthSpotter.  Fun Spot America has filed...

  • Kissimmee helicopter tour company pitches helipad at Artegon Marketplace

    Kissimmee helicopter tour company pitches helipad at Artegon Marketplace

    Kissimmee-based tour company Leading Edge Helicopters is the latest such operator to try and stake their claim on International Drive, proposing a helipad in the parking lot of Artegon Marketplace.  The company has filed for a conditional use permit with the City of Orlando to install a vertiport/helipad...

  • CVS closes lease deal for Ming Court land on I-Drive, near Pointe Orlando

    CVS closes lease deal for Ming Court land on I-Drive, near Pointe Orlando

    CVS/pharmacy has finalized a ground lease agreement for the Ming Court restaurant property on International Drive, directly across from Pointe Orlando, with the restaurant set to close May 30 and CVS to take over the site in mid-June, the restaurant's owner told GrowthSpotter.  Located at 9188...

  • REIT backing Andretti Karting buys Universal Boulevard land for $8.44M

    REIT backing Andretti Karting buys Universal Boulevard land for $8.44M

    EPR Properties, a Kansas City-based REIT that funded the land acquisition for Topgolf on Universal Boulevard, paid $8.44 million on Monday for the neighboring 9-acre parcel fronting Universal on behalf of Andretti Indoor Karting & Games, where it will build a $30 million attraction. GrowthSpotter ...

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