I-Drive Developments

  • I-Drive hotel owner has prime commercial outparcel, looking for CRE broker

    I-Drive hotel owner has prime commercial outparcel, looking for CRE broker

    Tampa-area hotelier Ben Mallah is still in the market for a local CRE broker to help him "find the right fit" for an outparcel he's creating in front of the  Four Points by Sheraton Orlando on North International Drive. "Calling all brokers," Mallah told GrowthSpotter on Monday. "I don't care if...

  • 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,"...

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  • Local investor holds 10 acres under contract near Vineland Outlets

    Local investor holds 10 acres under contract near Vineland Outlets

    Local real estate investor and businessman Wayne J. Hilmer Sr. has nearly 10 acres under contract east of Vineland Premium Outlets, with plans to subdivide for hotel and retail developers that would capitalize on the growth along Daryl Carter Parkway, and a potential future I-4 interchange.  Located...

  • 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...

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  • 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...

  • AD1 Global buys 2nd hotel on I-Drive, pushes property manager service locally

    AD1 Global buys 2nd hotel on I-Drive, pushes property manager service locally

    Hollywood, Fla.-based hotel investor AD1 Global paid $8.6 million on Tuesday for its second value-add property on International Drive, and is actively seeking more assets while trying to establish its third-party management service with local hotel owners, a lead executive with the company told...

  • North American Properties pays $16.8M for North I-Drive land, lining up LOIs

    North American Properties pays $16.8M for North I-Drive land, lining up LOIs

    Cincinnati-based North American Properties closed Wednesday on its $16.8 million purchase of 16.5 acres on the northern end of International Drive. Located directly south of Orlando International Premium Outlets, the group is lining up LOIs from national restaurants and hotels, and should break...

  • Owner's group swaps land with SFWMD off South I-Drive, eye on future sale

    Owner's group swaps land with SFWMD off South I-Drive, eye on future sale

    Thirty owners of former Munger land east of S. International Drive completed a $1 million land swap last week with the South Florida Water Management District, each side gaining about 40 acres that help to further assemblage efforts for private development, and the District to focus its protected...

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