I-Drive Developments

  • Investors sign fuel station chain for lot south of Artegon w/I-Drive frontage

    Investors sign fuel station chain for lot south of Artegon w/I-Drive frontage

    Owners of three undeveloped lots directly south of Artegon Marketplace with N. International Drive frontage have 7-Eleven under contract for a land lease, while their first leasee Pollo Tropical could open next week.   The owner, KMB I-Drive Investors LLC, paid $3.8 million for the 4.14 acres in...

  • Site work starts & retailers named for mixed-use on N. I-Drive, hotel talks active

    Site work starts & retailers named for mixed-use on N. I-Drive, hotel talks active

    Cincinnati-based North American Properties has broken ground on its 16.5-acre mixed-use project on the northern end of International Drive, has a new fourth tenant under contract for its initial retail mix, and is negotiating a contract for the project's first hotel, a partner with the company...

  • Golden Gate Capital pays $5.5M for 2nd Red Lobster-leased site on I-Drive

    Golden Gate Capital pays $5.5M for 2nd Red Lobster-leased site on I-Drive

    An affiliate of San Francisco-based private equity firm Golden Gate Capital paid more than $5.54 million on Monday for its second Red Lobster property in Orlando's tourism corridor.  The buyer was BER Real Estate Investments IV, LLC, which is registered at the main office of Bob Evans Restaurants...

  • Construction near for Wyndham Garden on American Way, lender unsettled

    Construction near for Wyndham Garden on American Way, lender unsettled

    Californian real estate investor Chih "John" Yuan Yu could break ground in the third quarter on a 137-key Wyndham Garden hotel set off the northern end of International Drive, and is still negotiating with lenders for much of the estimated $20 million development cost, his broker and project manager...

  • 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...

  • Visit Orlando to move visitors center next to Mango's, new parking garage

    Visit Orlando to move visitors center next to Mango's, new parking garage

    Visit Orlando will be more than doubling the footprint of its Official Visitors Center in the heart of International Drive, with plans to move from a small inline retail space to the vacant gift shop next to Mango's Tropical Cafe, and the Hollywood Plaza parking garage now under construction.  ...

More News

  • 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...

  • Alabama hotelier to break ground in April on new Home2 Suites near airport

    Alabama hotelier to break ground in April on new Home2 Suites near airport

    An Alabama hotel company that's opening three new hotels in Orlando's tourism corridor is gearing up to break ground on a fourth property near Orlando International Airport. Fast-growing LBA Properties, based in Dothan, has filed construction plans with the St. Johns River Water Management District...

More News

More News

  • 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...

  • 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,...

More News

  • 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...

  • ContraVest files plan for second-phase apartments on Universal Boulevard

    ContraVest files plan for second-phase apartments on Universal Boulevard

    Altamonte Springs-based ContraVest is pressing forward with its second phase of apartments on Universal Boulevard, filing plans Tuesday with Orange County for 344 units northwest of the intersection with Destination Parkway.  The developer, builder and manager of market rate multifamily communities...

More News

More News

More News

More News

More News

73°