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,"...

More News

More News

  • 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...

  • 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,...

  • 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...

More News

  • 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...

More News

  • $40M contract on North I-Drive parcel could proceed after circuit court judgment

    $40M contract on North I-Drive parcel could proceed after circuit court judgment

    A sale contract worth $40 million or more on the 77-acre tract south of Artegon Marketplace may now be able to close following a Miami court ruling last Thursday, in which the land owner was found to owe nearly $4.3 million to Ecuador's government.  The property is one of 10 parcels totaling roughly...

  • 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...

More News

More News

More News

More News

More News

  • Carlyle Group joint venture pays $5.65M for 12 acres near SeaWorld

    Carlyle Group joint venture pays $5.65M for 12 acres near SeaWorld

    A Washington, D.C.-based equity firm has formed a joint venture with Flournoy Partners of Georgia to fund the construction of 268 luxury apartments on Westwood Boulevard, less than a mile from SeaWorld Orlando. "Axis West is a joint venture between Flournoy Partners, the developer, and Carlyle...

  • Rosen Shingle Creek Resort to add 16-story hotel, parking garage and more

    Rosen Shingle Creek Resort to add 16-story hotel, parking garage and more

    Rosen Hotels & Resorts plans to expand its Shingle Creek Resort property with a new 640-key, 16-story hotel tower dubbed "The Reserve," boost its convention space by roughly 50 percent, and add a new parking garage and on-site operations building for the company, President Harris Rosen confirmed...

  • Chinese, Brazilian buyers spend $15M on two I-Drive economy hotels in past week

    Chinese, Brazilian buyers spend $15M on two I-Drive economy hotels in past week

    Nearly $15 million has been spent within the past week for two economy-level hotels in the heart of International Drive, with the Ramada Orlando across the street from the Orlando Eye going for $7.35 million to a Brazilian real estate development group, and the Super 8 motel on American Way selling...

  • Clean slate on Universal Boulevard offers vast redesign potential within Vision Plan

    Clean slate on Universal Boulevard offers vast redesign potential within Vision Plan

    While International Drive and the Convention Plaza District should absorb an urban design and mixed-use energy over the next 25 years from the new 2040 Strategic Vision Plan, just a few hundred feet to the east is a clean slate along Universal Boulevard that Orange County planning staff see even...

  • Preview: I-Drive Vision Plan forecasts 25-year urban rebirth for corridor

    Preview: I-Drive Vision Plan forecasts 25-year urban rebirth for corridor

    With a fresh focus on prioritizing walkability, active street fronts and urban design for Orlando's tourism corridor, Orange County planning staff will present the International Drive/Convention Plaza District 2040 Strategic Vision Plan this Tuesday to the Board of County Commissioners for initial...

  • Benderson's Buffalo Lodging plans $13.4M Home2 Suites hotel near North I-Drive

    Benderson's Buffalo Lodging plans $13.4M Home2 Suites hotel near North I-Drive

    Buffalo Lodging Associates, an affiliate of University Park-based Benderson Development, should break ground in First Quarter 2016 on a new Home2 Suites by Hilton hotel on its last undeveloped parcel on American Way, and has yet to decide if its in-house general contractor will lead the project,...

  • Developer linked to AMP Group plans dual helipad attraction on I-Drive

    Developer linked to AMP Group plans dual helipad attraction on I-Drive

    A development group with ties to AMP Group is proposing a helicopter tour attraction with dual helipads on North International Drive, in what is now the parking lot of newly-renovated shopping center Orlando Crossings West. Dubbed Orlando Crossings Heliport, the project is planned for 5529 International...

  • Colony Capital's 474 acres on Universal to be marketed worldwide Friday

    Colony Capital's 474 acres on Universal to be marketed worldwide Friday

    California-based real estate investment firm Colony Capital kicks off a global marketing campaign Friday with CBRE for 19 parcels totaling 474 acres that lie southeast of Universal Studios and near the Orange County Convention Center, with aim to sell the entire property at one time and draw offers...

  • Central Florida Behavioral Hospital to build extension, add beds

    Central Florida Behavioral Hospital to build extension, add beds

    Central Florida Behavioral Hospital, a niche treatment facility for mental health and substance abuse that's based directly west of SeaWorld, should break ground in early 2016 on a 25,363-square-foot addition, and has yet to choose its general contractor, a lead executive with the company told GrowthSpotter....

  • Arizona-based REIT pays $13M for movie theater lot within North I-Drive mall

    Arizona-based REIT pays $13M for movie theater lot within North I-Drive mall

    A lot leased by Cinemark Theater in the northeast corner of Artegon Marketplace on N. International Drive was bought Friday for $13 million by an affiliate of Arizona-based STORE Capital, a REIT focused on single tenant operational real estate. STORE Capital's affiliate LLC signed a 10-year lease...

81°