Ocoee Developments

  • Canadian REIT pays $10M for Ocoee hotel, part of FL portfolio buy

    Canadian REIT pays $10M for Ocoee hotel, part of FL portfolio buy

    An 80-room Fairfield Inn and Suites in Ocoee that was bought for $7 million in August 2015 resold last week to a Vancouver-based real estate investment trust (REIT) for just over $10 million, a 44 percent increase for the individual seller. Located at 10971 W. Colonial Dr., the Nov. 29 sale was...

  • Ocoee publishes RFQ for surveying and mapping service contractors

    Ocoee publishes RFQ for surveying and mapping service contractors

    Increasing development has prompted the City of Ocoee to seek help with its survey work, publishing a request for qualifications (RFQ) this week for a continuing contract for surveying and mapping services. Licensed surveying and mapping firms could be providing a variety of surveying and mapping...

  • Trio of businessmen plan new craft brewery in Downtown Ocoee

    Trio of businessmen plan new craft brewery in Downtown Ocoee

    Three local businessmen are teaming up to launch a new craft brewery in downtown Ocoee in anticipation of the area's redevelopment, and will hire contractors, an architect and engineer in the coming months, one of the trio told GrowthSpotter. Located at the northwest corner of McKey Street and...

  • Ocoee & Winter Garden extend S.R. 429 moratoriums, development still possible

    Ocoee & Winter Garden extend S.R. 429 moratoriums, development still possible

    The City of Ocoee has extended its moratorium on accepting plans for development along the 429 Western Beltway, and Winter Garden plans to do the same this coming week. The two cities, each with considerable real estate along the toll road, both established moratoriums last spring that lasted through...

  • Ocoee could bond out $25M for downtown infrastructure, relocate City Hall

    Ocoee could bond out $25M for downtown infrastructure, relocate City Hall

    The City of Ocoee could bond out up to $25 million without impacting the balance of next year's budget and millage rate, giving it a capital infusion to kick-start road projects and the potential relocation of City Hall as part of its downtown master plan.  City commissioners will hear about the...

  • Local CRE principals pitch 650K SF of industrial in Ocoee along S.R. 429

    Local CRE principals pitch 650K SF of industrial in Ocoee along S.R. 429

    Principals with Orlando-based commercial real estate firm Cite Partners have 45.63 acres under contract on the western edge of Ocoee, with plans to develop a 650,000-square-foot light industrial park bordering the 429 Western Beltway.  Located on the northeast corner of E. Crown Point Road and...

  • Skorman lines up first retail tenant for Ocoee strip center

    Skorman lines up first retail tenant for Ocoee strip center

    Windermere-based Skorman Development has prospective tenants close to signing for roughly half the 18,000 square feet of its planned Park Place Retail Center in Ocoee, with a popular local ice cream chain the first pre-lease confirmation, a lead executive with the company told GrowthSpotter.  Located...

  • Soccer legend Zico & Brazilian investors plan academy, private school in Ocoee

    Soccer legend Zico & Brazilian investors plan academy, private school in Ocoee

    The son of an Orlando Pride coach and private investors are partnering with Brazilian soccer legend Zico to establish Zico Soccer Academy next month in Ocoee, after reaching a tentative deal this week to lease city-owned office space for the business.  The academy could be followed by a full-fledged...

  • Advenir spends $43M on Ocoee apts near hospital, plans $5.5M on upgrades

    Advenir spends $43M on Ocoee apts near hospital, plans $5.5M on upgrades

    Aventura-based multifamily investor Advenir paid $42.75 million on Tuesday for the 408-unit Oak Forest Apartments in Ocoee, plans $5.5 million in upgrades and has another $200 million to spend on acquisitions this year, the company's chief investment officer told GrowthSpotter.   Located across...

  • Indoor RV storage planned for Ocoee near City Center West Orange

    Indoor RV storage planned for Ocoee near City Center West Orange

    A self-storage developer is planning to enlarge his Ocoee CubeSmart by building a 25,000-square-foot addition to store large recreational vehicles. “There is a real high demand right now for RV storage,” said Richard Beavers, whose Cubebuilders II LLC has submitted plans for the expansion to Ocoee....

More News

  • Aventura investor buys Ocoee medical office across from growing Health Central

    Aventura investor buys Ocoee medical office across from growing Health Central

    Aventura-based Larkspur Properties made its second Orlando investment on Tuesday, paying $3.75 million for a bank-owned medical office building directly across from the growing Ocoee campus of Health Central Hospital.   Located at 10131 W. Colonial Dr., the 1.1-acre parcel is directly across from...

  • S.R. 429 development moratorium now in place for Ocoee, Winter Garden

    S.R. 429 development moratorium now in place for Ocoee, Winter Garden

    Both Ocoee and Winter Garden have officially stopped accepting plans for new development along the 429 Western Beltway until July 31, while they come up with a detailed joint master plan to guide development and design for new growth in the corridor. Ocoee’s City Commission gave final approval...

  • Ocoee follows Winter Garden's temporary moratorium on new S.R. 429 development

    Ocoee follows Winter Garden's temporary moratorium on new S.R. 429 development

    Ocoee became the second city along the S.R. 429 Western Beltway in recent weeks to move toward passing a temporary moratorium on development for land adjacent to the toll road, which would allow the city to prepare a plan specifying the type of development it wants to encourage along the rapidly...

  • Ocean City hotelier buys into Ocoee at $7M

    Ocean City hotelier buys into Ocoee at $7M

    The owner-operator of two of the largest hotels in Ocean City, Md., the Princess Bayside Beach Hotel and Princess Royale Hotel, has bought into the Greater Orlando market this week, with a $7 million purchase of Ocoee's Fairfield Inn & Suites. Located at 10791 W. Colonial Dr., the Fairfield Inn...

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