Kissimmee Developments

  • 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...

  • 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...

  • 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...

  • 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...

  • 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...

  • 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...

  • Co-owner considers converting former W192 Hampton Inn into apartments

    Co-owner considers converting former W192 Hampton Inn into apartments

    The majority owner of a failed W192 condo hotel is considering converting the former Hampton Inn building into apartments. The four-story, 166-room hotel was converted into a condo hotel in 2005 and has been closed for years. Located at the W192 - Interstate 4 interchange, the property is close...

  • Wisconsin developer closes on 22 acres for luxury apartments in Kissimmee

    Wisconsin developer closes on 22 acres for luxury apartments in Kissimmee

    Wisconsin-based Continental Properties paid $4.15 million last week for a 22-acre site in Kissimmee's Tapestry master-planned community. The developer broke ground Tuesday on a 288-unit luxury apartment complex called Springs at Tapestry, scheduled to open in Fall 2017. Marketing Manager Jean Jones...

  • Food trucks draw investment, record customers to Osceola's W192 flea market

    Food trucks draw investment, record customers to Osceola's W192 flea market

    The owners of Kissimmee's Visitors Flea Market across from Old Town have invested $250,000 in recent weeks to create an outdoor food court serviced by 40 food trucks, and they're already seeing the payoff. "Traditionally, September through November is our slowest time," Director of Operations John...

  • Key Motel on W192 tourist corridor sells for $1.75M

    Key Motel on W192 tourist corridor sells for $1.75M

    Another motel has changed hands on Kissimmee's W192 tourist corridor. Magic Key Investment LLC paid $1.75 million last week for the Key Motel at 4810 W Irlo Bronson Memorial Hwy., across from a SuperTarget-anchored shopping center. The 2.66-acre tract on Lake Cecile includes a 47-room motel, built...

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  • Osceola County to seek bids for class A office building next to sensor center

    Osceola County to seek bids for class A office building next to sensor center

    Osceola County is putting the final touches on a request for letters of interest (RFLOI) for developers to build a four-story, Class A office building next door to the $250 million  Florida Advanced Manufacturing Research Center, which opens in early 2017. County Manager Don Fisher told GrowthSpotter on...

  • Kissimmee shopping center sale helps fund retirement dreams

    Kissimmee shopping center sale helps fund retirement dreams

    Charles and Nicholas Hasker got their start in the property management field as teenagers in St. Cloud, mowing lawns at their parents' trailer park on Lake Runnymede.   After selling the park, the brothers accumulated several small shopping centers - always focusing on centers with long-term, mom-and-pop...

  • Palm Beach hotelier buys Kissimmee Springhill Suites for $16.3M

    Palm Beach hotelier buys Kissimmee Springhill Suites for $16.3M

    A Boston-area hotel company paid $16.3 million last week for a 151-room Marriott flag hotel in Kissimmee's Calypso Cay Resort. Located just off Osceola Parkway, the SpringHill Suites, which was built in 2000, is a Walt Disney World Good Neighbor Hotel.  Bijal Hospitality managing member Mahesh...

  • Insula sells Kissimmee apartment complex, nets $13M ROI & reinvests locally

    Insula sells Kissimmee apartment complex, nets $13M ROI & reinvests locally

    After spending $2 million to renovate a 44-year-old Kissimmee apartment complex, Sarosota-based Insula Companies sold the asset on Sept. 30 for $32.6 million -- netting at least $13 million in profit. The former 366-unit Dorado Apartments at 1400 W. Donagan Ave., just west of John Young Parkway,...

  • Roomba Inn owner awaits final approval from Hilton for W192 redevelopment

    Roomba Inn owner awaits final approval from Hilton for W192 redevelopment

    The owners of the Roomba Inn & Suites on W192 plan to demolish the 30-year-old hotel and replace it with a pair of seven-story flag hotels and a retail/entertainment center, linking the complex to the neighboring Old Town complex. The W192 Redevelopment Authority will get a look this week at the...

  • Kissimmee retail and soccer complex plan looks 'awesome'

    Kissimmee retail and soccer complex plan looks 'awesome'

    Kissimmee's Development Review Committee signed off Tuesday on Mixed Use PUD rezoning for a 4.5-acre parcel on West Vine Street for a covered soccer complex, with retail and office buildings in front. The rezoning of the site, home to a former Sonny's BBQ restaurant, moves on to the Planning Advisory...

  • Kissimmee broker plans mixed-use, soccer complex next to Shingle Creek Park

    Kissimmee broker plans mixed-use, soccer complex next to Shingle Creek Park

    Kissimmee real estate broker Rajia Ackley has teamed up with the owner of Winter Park's Fair Play Arena to build a similar sports complex on West Vine Street, right next door to Shingle Creek Regional Park.  Ackley, owner of Coldwell Banker Ackley Realty, has owned most of the 4.5-acre parcel since...

  • Osceola hoping free land will bring public & private dollars to new research park

    Osceola hoping free land will bring public & private dollars to new research park

    Osceola County Manager Don Fisher unveiled a key economic incentive proposal to draw jobs and investors to the Florida Tech Farm on Thursday. Speaking to the Central Florida chapter of NAIOP, Fisher said the county has offered 50 acres of prime real estate in the new research park for free, as...

  • Repair costs prompt Kissimmee motel owners to demolish and rebuild

    Repair costs prompt Kissimmee motel owners to demolish and rebuild

    The skyrocketing cost of renovating a Kissimmee hotel complex on Lake Cecile is prompting the owners to look at demolishing the remaining buildings and starting over with new construction. Canadian investors Martin Coulombe and his wife, Brigitte Giguere, bought the long-vacant hotel on W192 in...

  • Seralago owner wants to raze W192 hotel and put up condos

    Seralago owner wants to raze W192 hotel and put up condos

    The owners of Kissimmee's Seralago Hotel & Suites are planning a multi-phased redevelopment of the 43-year-old hotel on the W192 tourist corridor. With 614 rooms in 10 buildings spread out over 18 acres, Seralago is one of the corridor's largest hotel properties. It's in a prime location, situated...

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  • Racing instructor envisions $50M tourist attraction on W192 for sports car lovers

    Racing instructor envisions $50M tourist attraction on W192 for sports car lovers

    All his life, Andy Bardar has had a love affair with fast cars. There's nothing quite like the adrenaline rush of taking a tight turn at high speed. "My business, my life, it all revolves around things with wheels," he said. "I’m watching the industry change with electric cars and driver-less cars,...

  • Mystery developer planning $400M hotel & entertainment district on W192

    Mystery developer planning $400M hotel & entertainment district on W192

    Osceola County's W192 Development Authority has entered into a confidentiality agreement with a developer to assist in the planning of a $400 million "lifestyle destination resort" on the tourist corridor. Executive Director David Buchheit briefed the board Thursday morning on what he's called...

  • Resort owners buy prime commercial land in Osceola's E192 Tech Corridor for $2M

    Resort owners buy prime commercial land in Osceola's E192 Tech Corridor for $2M

    Owners of the Flamingo Waterpark Resort on E192 at the Florida Turnpike exit paid $2 million on Tuesday to buy the 22.5-acre abandoned golf course adjacent to their hotel. The acquisition comes nearly two years after Miami-based Blue Road paid $9 million to buy the 245-room full-service hotel....

  • Neighboring Kissimmee motels both fetch $1.6M sales prices

    Neighboring Kissimmee motels both fetch $1.6M sales prices

    A pair of motels on the same block of Kissimmee's Vine Street corridor have both sold in recent months for the exact same price: $1.6 million. The Tropicana Motel at 4131 W. Vine St. was the most recent transaction, changing hands on Aug. 22. Longtime owners Mohan and Neelam Anand sold the 32-year-old...

  • Miami-based developer planning huge new retail center across from The LOOP

    Miami-based developer planning huge new retail center across from The LOOP

    Miami-based Courtelis Company is planning a new retail center on 50 acres across Osceola Parkway from The LOOP in Kissimmee. Courtelis has had the property under contract since late June, but has not submitted any plans to the city yet.  Leasing agents for the company discussed the project with...

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  • Wisconsin developer plans luxury apartments in Kissimmee's Tapestry

    Wisconsin developer plans luxury apartments in Kissimmee's Tapestry

    Fast-growing Continental Properties is entering the Orlando market via Kissimmee with plans for a 288-unit luxury apartment complex in the master-planned Tapestry community. Based just outside of Milwaukee, Wisconsin, Continental has developed 49 apartment communities, including five on Florida's...

  • Pilot project would bury powerlines on Kissimmee's W192 tourist corridor

    Pilot project would bury powerlines on Kissimmee's W192 tourist corridor

    Osceola's W192 Development Authority is in early discussions with Duke Energy about burying powerlines on a busy stretch of the tourist corridor as early as 2018. The authority is looking into doing a pilot project on the 0.75-mile segment from S.R. 417 to the Seralago Hotel property line. The...

  • Fun Spot America eying two locations on W192 for third theme park

    Fun Spot America eying two locations on W192 for third theme park

     Fun Spot America is planning a new theme park -- its third location -- in Kissimmee. The company, which is investing millions on expansions at its existing theme parks in Orlando and at Old Town USA, is eyeing two potential locations for the third park, according to documents filed with Osceola...

  • Construction on new Kissimmee parking garage to start Aug. 1

    Construction on new Kissimmee parking garage to start Aug. 1

    The City of Kissimmee will shut down its Toho Square parking lot Aug. 1 to start construction on a $7 million parking garage, which will be the first phase of a $65 million plan to redevelop two entire city blocks of the downtown lakefront district. "I honestly didn't think we'd get it done, but...

  • Osceola moving forward with Bus Rapid Transit on W192 tourism corridor

    Osceola moving forward with Bus Rapid Transit on W192 tourism corridor

    Osceola County Manager Don Fisher has told members of the W192 Development Authority he plans to use $3.5 million of the district's tax revenue for a federal application to add mass transit on the tourist corridor. Fisher informed the authority members last week before presenting his budget recommendation...

  • Darden to build new Bahama Breeze next to Kissimmee's The Loop

    Darden to build new Bahama Breeze next to Kissimmee's The Loop

    Darden Restaurants has confirmed plans to build a new Bahama Breeze Island Grille -- the company's sixth Orlando-area location -- on Osceola Parkway next to The Loop shopping center. The Orlando-based restaurant corporation has signed a ground lease for an outparcel in front of the Ashley Home...

  • Belgian tech leader imec opens downtown Kissimmee office

    Belgian tech leader imec opens downtown Kissimmee office

    Belgium-based imec, a global leader in nanoelectronics research and development, has set up shop in downtown Kissimmee, according to papers filed with the Florida Department of State. Long-rumored to be the anchor tenant that would put Osceola County's new tech research park on the map, imec meets...

  • Anatomy of a Deal: How GreenPoint is turning three aging motels into a showcase for its new brand (Pt. 2)

    Anatomy of a Deal: How GreenPoint is turning three aging motels into a showcase for its new brand (Pt. 2)

    Crystal Pernici vividly remembers her first impression of the Grand Orlando Palms -- soon to reopen as GreenPoint Kissimmee. Before joining GreenPoint Hospitality as vice president of market strategy, Pernici sold hotel management software. "I actually came into this property when it was under...

  • How the GreenPoint design came together

    How the GreenPoint design came together

    GreenPoint's design concept went through several revisions before the partners settled on the final look. Follow the progression to see how it came together.

  • Kissimmee shopping center sells weeks before scheduled public auction

    Kissimmee shopping center sells weeks before scheduled public auction

    A Kissimmee shopping center that has been tangled up in two separate foreclosures sold on June 16 to a Tampa investor, just weeks before it was scheduled for public auction. The Kissimmee Commons shopping center is a 15,385-square-foot strip center adjacent to the city's Vine Street Walmart Supercenter....

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  • Jacksonville developer pitching two Kissimmee sites for tax credit apartments

    Jacksonville developer pitching two Kissimmee sites for tax credit apartments

    Jacksonville-based Vestcor Companies is proposing two affordable housing apartment communities on Kissimmee’s W192 corridor. Kevin Troup, director of acquisitions for Vestcor subsidiary TVC Development, said the developer is hedging its bets, entering both sites in the 2016 lottery for tax credit...

  • Car wash owner wants to build dune buggy track on W192

    Car wash owner wants to build dune buggy track on W192

    The owner of a Car Wash Express is looking to build a dune buggy attraction on W192 in Kissimmee, right next door to his new $3.3 million car wash. David Daniels told GrowthSpotter he plans to lease about 1 acre on the parcel near Mile Marker 14 on W192 that is currently home to a helicopter tour...

  • Providence One planning $30M assisted living facility near The Loop

    Providence One planning $30M assisted living facility near The Loop

    Providence One Investments is eying a 3.4-acre parcel on John Young Parkway just south of The Loop for a 120-unit assisted living and memory care facility (ALF).  The site, at the northwest corner of JYP and Centerview Boulevard, is currently owned by Tupperware Brands through its Deerfield Land...

  • Broker: Wetlands not an issue on 217-acre W192 parcel

    Broker: Wetlands not an issue on 217-acre W192 parcel

    The seller's agent for a 217-acre piece of prime real estate on Kissimmee's W192 tourist corridor said concerns raised by county staff about wetlands on the property would not affect development plans. Paul Hoffman, a broker with Coldwell Banker Commercial, told GrowthSpotter the site has active...

  • Tupperware sells two parcels, close to inking deal for hotel site

    Tupperware sells two parcels, close to inking deal for hotel site

    Tupperware Brands has closed on two property sales in recent weeks and is about a month away from closing a deal to bring a 120-room Hampton Inn to the Crosslands in Kissimmee. Tom Roelk, vice president of Tupperware Brands, told GrowthSpotter the company sold an outparcel at the Orange Blossom...

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  • Developer sells Kissimmee Medical Village for quick profit

    Developer sells Kissimmee Medical Village for quick profit

    In less than a year, Majors Investments has turned a nearly $1.4 million profit in the sale of its Kissimmee Medical Village at 1975 S. John Young Parkway. The Orlando-based developer specializes in converting distressed properties into Class A medical office space. Founder Tim Majors bought the...

  • Fast-growing Park Square Homes to double in size by 2017

    Fast-growing Park Square Homes to double in size by 2017

    With more than 2,000 lots across Central Florida currently in pre-development, Orlando-based Park Square Homes is shifting its homebuilding operation away from the vacation home market to focus almost exclusively on primary residential homes. President and COO Steve Parker told GrowthSpotter the...

  • Brazilian developer & builder enters U.S. via Kissimmee, buying land w/plans

    Brazilian developer & builder enters U.S. via Kissimmee, buying land w/plans

    Brazilian developer and builder Platinum Construções entered the U.S. market this week via Kissimmee, spending $1.25 million for 7.7 acres, paired with plans for a fully-entitled 88-unit townhome condo project. The intercontinental leap is a survival instinct for the company, president Ricardo...

  • Consultant tells Osceola to invest in more sports fields and new arena

    Consultant tells Osceola to invest in more sports fields and new arena

    Osceola County's Tourist Development Council got its first look Tuesday at a plan to spend nearly a quarter billion dollars to replace Silver Spurs Arena and build more sports facilities, including a massive new softball complex on W192. The TDC discussed a preliminary report from the county's...

  • New York investment group sells Kissimmee office plaza for $1.3M

    New York investment group sells Kissimmee office plaza for $1.3M

    A New York firm that specializes in asset-oriented distressed debt has sold an office and retail plaza on S.R. 535, right across from the new Embassy Suites in Kissimmee. Stabilis Capital Management acquired the 13,250-square-foot building at 2960 Vineland Road in late 2012 after buying the debt...

  • New hotel, retail planned for Kissimmee's W192 tourist corridor

    New hotel, retail planned for Kissimmee's W192 tourist corridor

    Orlando-based Elevation Development plans to start construction by the end of the year on an 8-acre retail and hotel project in the heart of Kissimmee's tourist district. "It's called Parkview due to its proximity to the local theme parks," planner Nick Boehme told GrowthSpotter.  The property...

  • Major expansion planned for Vacation Village timeshare resort

    Major expansion planned for Vacation Village timeshare resort

    Nearly two years after buying the former Arabian Nights property near the W192-Interstate 4 interchange, Lando Resorts is gearing up to expand its Vacation Village at Parkway resort. Lando paid $6.5 million in August 2014 for the nearly 24-acre parcel that housed the equestrian dinner show attraction...

  • Duke Energy to market Kissimmee industrial park

    Duke Energy to market Kissimmee industrial park

    Duke Energy has accepted a Kissimmee industrial park into its highly competitive site readiness program. The 193-acre Central Florida Business Park on Ham Brown Road has been approved for 2,095,500 square feet of office and industrial development. Located just south of the Lowe's Home Improvement...

  • Margaritaville Resort files plans for water park, sells land to apartment developer

    Margaritaville Resort files plans for water park, sells land to apartment developer

    Engineering plans filed last week for the water park at Margaritaville Resort reveal the overall site layout as well as a hint of the types of rides visitors can expect. The 13-acre water park, which will be open to the public when the resort opens in 2018, will feature a wave pool, lazy river...

  • Kissimmee RV park near tourism corridor sells for $2.5M, renovations planned

    Kissimmee RV park near tourism corridor sells for $2.5M, renovations planned

    A Connecticut real estate investor paid $2.5 million this week to buy the Orange Grove Campground and RV Park just off Kissimmee's W192 tourist corridor. "We are in the outdoor hospitality space, and we think it's a wonderful location," Athena Real Estate principal Richard O'Brien told GrowthSpotter...

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  • Margaritaville Resort retail complex begins to take shape

    Margaritaville Resort retail complex begins to take shape

    The new shopping and dining complex at Margaritaville Resort has a decidedly un-Key West theme, based on a rendering released by the resort's sales staff this month.  In an email sent to potential investors, resort officials said they expect to start construction in June, and would soon be releasing...

  • Kissimmee motel sells for $2M, to be converted to affordable apartments

    Kissimmee motel sells for $2M, to be converted to affordable apartments

    After seven months of planning and permitting, a group of Orlando engineers closed the deal this week on the former Palms motel in Kissimmee for $2 million. The 192-room motel just north of the US 192–Florida Turnpike interchange was once a Howard Johnson Inn, but has been closed for more than...

  • Developer wants to start new retail center by January at Disney's World Drive

    Developer wants to start new retail center by January at Disney's World Drive

    Palm Harbor-based Corporate Development & Construction is eager to start building a 103,000-square-foot shopping center at Disney's World Drive interchange in Celebration. "We'd like to start as soon as possible," President Stephen Thompson told GrowthSpotter on Wednesday. "We hope to have our...

  • New details released on Orange Lake Resort's 'high action adventure park'

    New details released on Orange Lake Resort's 'high action adventure park'

    Development plans filed Wednesday with Orange County reveal more details about the high action adventure park planned for construction this year at Orange Lake Resort. Located at 8505 W. Irlo Bronson Memorial Highway, the resort and its country club golf course span more than 800 acres on either...

  • ChampionsGate water park

    ChampionsGate water park

    ChampionsGate developer RIDA agreed to build a $5 million water park amenity, including a wave pool, at the Omni Orlando at ChampionsGate as part of its contract with Osceola County.

  • Gaylord Palms spending $4.2 million on water park enhancements

    Gaylord Palms spending $4.2 million on water park enhancements

    Gaylord Palms Resort & Convention Center is the latest Orlando-area resort to embark on a major upgrade of its onsite water park.  The Marriott hotel is working with New York-based Aquatic Development Group on a plan to install a waterslide complex and FlowRider surf simulator. Industry leader ...

  • Developer planning new shopping center at Disney's World Drive interchange

    Developer planning new shopping center at Disney's World Drive interchange

    Celebration could be getting a new grocery store and a host of shops and restaurants.  Civil/Site Engineering Inc. has filed a preliminary conceptual plan for a 21-acre shopping center on Disney property that would hug the World Drive exit ramp off Interstate 4 and look across to the iconic mouse...

  • Osceola considers development standards near SunRail stations & on U.S. 192

    Osceola considers development standards near SunRail stations & on U.S. 192

    Osceola County planners have drafted an ordinance that would increase densities and create design standards for new construction around SunRail stations, but some developers say the new rules are unrealistic. The Transit Oriented Design (TOD) ordinance would create overlay districts extending a...

  • ICI sells Kissimmee land for $2.8M

    ICI sells Kissimmee land for $2.8M

    ICI Homes has parted with 31-plus acres of land south of The Loop outdoor retail center in Kissimmee for $2.8 million, selling it to a Kissimmee developer/land banker. The property at the northeast quadrant of W. Carroll Street and N. Thacker Avenue is part of the former Flora Ridge DRI, now a...

  • Incoming CCIM president to present 2016-17 hotel and lodging forecast in Kissimmee

    Incoming CCIM president to present 2016-17 hotel and lodging forecast in Kissimmee

    Hotel expert Robin Webb sees challenges and unique investment opportunities in Kissimmee's W192 tourist corridor. He'll present his hotel lodging forecast for 2016 and beyond at a special networking event for brokers and hoteliers April 14. Webb, managing director for NAI Realvest and incoming...

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  • Four Seasons Orlando

    Four Seasons Orlando

    K. Hovnanian Homes bought the 26 acres market in blue last November for phase one of its Four Seasons Orlando active adult community. The homebuilder recently closed on the final 120 acres (in yellow) in the Mystic Dunes Resort. 

  • K. Hovnanian completes land purchase for Four Seasons community at Mystic Dunes

    K. Hovnanian completes land purchase for Four Seasons community at Mystic Dunes

    New Jersey-based K. Hovnanian Homes paid $2.94 million on Thursday to close on the purchase of the final 120 acres for its Four Seasons luxury community near Celebration. Mystic Dunes is located just west of the Interstate 4 and World Drive interchange, between Formosa Gardens Boulevard and Old...

  • Margaritaville Resort to open Kissimmee sales office by May

    Margaritaville Resort to open Kissimmee sales office by May

    Margaritaville Resort has released pricing details for its first round of pre-sales, and plans to open an onsite sales office on Kissimmee's W192 tourist corridor by Memorial Day. Marketing and Sales Director David Hurst said the developer, Encore Funds, is finalizing the architectural plans for...

  • First look at latest Pininfarina designs for Magic Place

    First look at latest Pininfarina designs for Magic Place

    Magic Development and Pininfarina released a new set of renderings on Friday for the $1.7 billion Magic Place community scheduled to start construction in July. GrowthSpotter was the first to publish the initial rendering of the Magic Place towers on March 18. Magic Development CEO Rodrigo Cunha...

  • Osceola gets one bid for hotel sites at Heritage Park and Judge Farms

    Osceola gets one bid for hotel sites at Heritage Park and Judge Farms

    Orlando-based Mims Construction teamed with Texas-based investment and development company UrbanAmerica to submit the sole LOI on Tuesday for Osceola County's three prospective hotel sites at Osceola Heritage Park, and the future Judge Farms research park. The LOI was submitted by Mims affiliate ...

  • Magic Development unveils Magic Place by Pininfarina design

    Magic Development unveils Magic Place by Pininfarina design

    What do you get when you ask the Italian design firm behind such luxury brands as Ferrari and Masarati to put its name on the Orlando market's first luxury branded community? "A wow factor," Magic Development CEO Rodrigo Cunha said.  On Friday, Cunha released to GrowthSpotter the first image of...

  • Culver's expanding into Kissimmee with two different franchisees

    Culver's expanding into Kissimmee with two different franchisees

    Culver's, the Midwestern restaurant chain famous for its "ButterBurgers," cheese curls and frozen custard, is expanding into Kissimmee with two new locations on U.S. 192 and at The Crosslands shopping center on Orange Blossom Trail. Culver's Public Relations Director Paul Pitas told GrowthSpotter both...

  • New condo hotel planned on W192 in Kissimmee near Four Corners

    New condo hotel planned on W192 in Kissimmee near Four Corners

    A new 280-unit condo hotel project could be coming to Orlando's smoking-hot Four Corners market. Malak Corporation, an Orlando-based general contractor, had CEO Luis Ortiz and engineer Jim Zinner meet Wednesday with Osceola County planners to discuss preliminary plans for Kissimmee Palms, a complex...

  • South Florida hotel group launching new brand, renovating three Kissimmee hotels

    South Florida hotel group launching new brand, renovating three Kissimmee hotels

    A Miami-based hotel developer hopes to make a big splash in the Kissimmee market with the purchase and complete renovation of three aging hotels on a two-mile stretch of the W192 tourist corridor. Rodrigo Calabrese founded GreenPoint Hospitality in 2013, and has since developed four restaurants...

  • Osceola agency wants design standards for new construction on W192 tourism strip

    Osceola agency wants design standards for new construction on W192 tourism strip

    Osceola County's W192 Development Authority will lay the groundwork next year to make underground utility lines a design requirement for new projects on the county's main tourism corridor. Authority members on Thursday agreed to hire a new design consultant in the next fiscal year to develop a...

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  • Magic Development signs Italian design firm Pininfarina to build luxury branded community

    Magic Development signs Italian design firm Pininfarina to build luxury branded community

     The company that built a global reputation on sleek curves and high performance of Ferrari sports cars has teamed up with Orlando-based Magic Development to design the region's first luxury branded community: Magic Place by Pininfarina. In an exclusive interview with GrowthSpotter, Magic CEO Rodrigo...

  • Permitting process started for $1.7B Magic Place development in Kissimmee

    Permitting process started for $1.7B Magic Place development in Kissimmee

    Magic Development CEO Rodrigo Cunha filed a preliminary subdivision plan last week for the U.S. 192 tourism corridor's first luxury-branded community: Magic Place by Pininfarina. Magic, which is currently building its second Magic Village Resort townhouse development in Kissimmee, spent two years...

  • Osceola agency wants underground utilities on Kissimmee's W192 tourist corridor

    Osceola agency wants underground utilities on Kissimmee's W192 tourist corridor

    Osceola County's W192 Development Authority is considering a plan to apply public funds to bury power lines in the tourism corridor -- a discussion that mirrors Orlando's efforts on International Drive. The authority governs development standards and public investment along the 15-mile corridor....

  • National Tex-Mex eatery looking to locate on Kissimmee's W192

    National Tex-Mex eatery looking to locate on Kissimmee's W192

    On the Border Mexican Grill & Cantina, an Irving, Texas-based restaurant chain known for its fajitas and hand-crafted guacamole, has submitted preliminary plans to open its first free-standing Central Florida location on Kissimmee's W192 corridor, in front of Super Target. The Tex-Mex chain operates...

  • Developers predict more upscale hotel brands will locate on W192 corridor

    Developers predict more upscale hotel brands will locate on W192 corridor

    With the planned opening of a newly renovated Doubletree hotel in 2017, Kissimmee's W192 corridor will finally have the kind of upscale branded hotel that has long eluded its tourist district. After decades of watching the area decline, investors and developers are getting bullish on W192. "We...

  • Kissimmee land prepped for 88 condos put back on market for $1.5M

    Kissimmee land prepped for 88 condos put back on market for $1.5M

    The developer of a fully entitled, 88-unit condominium project set for 7.7 acres near Kissimmee's Judge Farms property is now selling the land and plans for $1.5 million, as a way to help Brazilian investors in the project manage their country's prolonged recession.  Located on the northwest corner...

  • Reunion developer reveals plan for new hotel, conference center at golf resort

    Reunion developer reveals plan for new hotel, conference center at golf resort

    Encore Capital Management has filed preliminary plans with Osceola County calling for a new hotel and conference center at the Reunion Resort. The Boca Raton-based developer is slated to go before Oscoela's Development Review Committee next week to seek approval for a preliminary subdivision plan...

  • Osceola agency pulls plug on W192 rebranding effort

    Osceola agency pulls plug on W192 rebranding effort

    Osceola County's W192 Development Authority had a choice of eight local and national firms that were bidding for a contract to develop new branding strategy for its tourism corridor, but members opted instead to pull the plug on the process. The three-year contract would have involved a detailed...

  • Roomba Inn owners planning $42M resort on site next to Kissimmee's Old Town

    Roomba Inn owners planning $42M resort on site next to Kissimmee's Old Town

    The owner of Kissimmee's Roomba Inn & Suites at Old Town say they're going to demolish the 30-year-old hotel and rebuild a $42 million resort on the seven-acre site. David Holzapfel, vice president of business development for CTN Development Inc., unveiled the plans Thursday to members of Osceola's...

  • Roxanne Amoroso, Mosaic Development

    Roxanne Amoroso, Mosaic Development

    Mosaic Development founder Roxanne Amoroso's name has become synonymous with the kind of downtown redevelopment projects that can transform a city.  "I have a passion for development and facilitating change in an area that is ready for revitalization," she told GrowthSpotter. "I think I'm one of...

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  • Kissimmee approves Mosaic contract for downtown redevelopment

    Kissimmee approves Mosaic contract for downtown redevelopment

    Kissimmee City Commissioners unanimously approved a 5-year contract with Mosaic Development to buy and redevelop two entire city blocks in the heart of downtown.   City Manager Mike Steigerwald had been negotiating with Mosaic for six months, since the St. Petersburg-based company was the only...

  • Kissimmee poised for vote that would redevelop 2 downtown blocks

    Kissimmee poised for vote that would redevelop 2 downtown blocks

     After six months of negotiations, Kissimmee City Manager Mike Steigerwald will ask the city commission on Tuesday to approve a 5-year contract with Mosaic Development to for a mixed-use project intended to transform two city blocks in the heart of downtown. Mosaic, which has offices in Ft. Myers...

  • Memory care facility planned for Kissimmee Medical Arts District

    Memory care facility planned for Kissimmee Medical Arts District

     A California-based developer that specializes in luxury assisted living homes is eying a 1.9-acre parcel on Park Place in Kissimmee to build an 63-bed memory care facility. Meridian at Summerplace is expanding beyond its West Coast roots into Florida, with active projects in the Tampa Bay, Sarasota,...

  • 3 make shortlist for Kissimmee airport master plan contract

    3 make shortlist for Kissimmee airport master plan contract

    BRPH topped the list of three firms in contention for a three-year master planning and marketing contract with Kissimmee Gateway Airport. The Melbourne-based design firm specializes in aviation and aerospace related industries. Santiago Fernandez, director of planning, told GrowthSpotter the firm...

  • Intram pursues permits, retailers for part of 238-acre Kissimmee project

    Intram pursues permits, retailers for part of 238-acre Kissimmee project

    Orlando-based developer Intram Investments has mass-grading plans in for Osceola County review and is pursuing LOIs with potential users for Sunrise City, a 34-acre shopping center that's part of a mixed-use plan for 238 acres in Kissimmee, the company's executive vice president confirmed for GrowthSpotter. ...

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