Osceola County Developments

  • Tampa investment firm pays $16.8M for Kissimmee Walmart-anchored center

    Tampa investment firm pays $16.8M for Kissimmee Walmart-anchored center

    A Tampa investment firm that specializes in mid-market grocery-anchored retail centers paid $16.8 million this month to enter the greater Orlando market via Kissimmee. East Coast Acquisitions (ECA) purchased the Walmart Neighborhood Market-anchored Vine Street Square in a deed that posted Sept....

  • Company that built condemned Celebration apartments files for Chapter 11

    Company that built condemned Celebration apartments files for Chapter 11

    The construction company that built a luxury apartment complex in Celebration that was condemned a year after completion has now filed for Chapter 11 bankruptcy protection in the Southern District of Texas. Urban Oaks Builders, a wholly-owned subsidiary of Texas-based Hines, announced the filing...

  • Osceola settles code enforcement case with key Disney-area land owner

    Osceola settles code enforcement case with key Disney-area land owner

    Osceola County Commissioners voted Monday to reduce code enforcement penalties against the owner of the Orlando Sun Resort & Spa by $560,344 and close the case against the long-vacant hotel. The move clears the way for the owner to proceed with a rezoning and DRI rescission for the property and...

  • Four Corners Council brings in UCF expert to resolve cross-county conflicts

    Four Corners Council brings in UCF expert to resolve cross-county conflicts

    After years of holding summits and bus tours, the Four Corners Area Council brought in one of the region's top conflict resolution specialists to help it create a unified plan for the booming area that crosses jurisdictional boundaries.   The council has contracted with the University of Central...

  • Osceola seeks South Korea business expert to recruit firms to NeoCity

    Osceola seeks South Korea business expert to recruit firms to NeoCity

    Osceola County is looking for expert help to recruit South Korean technology companies to NeoCity.  The county published a Request for Letters of Interest (RFLOI) and Statement of Qualifications for consultants fluent in the language and business culture of South Korea. "The South Korean government...

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  • Battaglia Group seeks PUD rezoning for 105 acres next to St. Cloud's Tohoqua

    Battaglia Group seeks PUD rezoning for 105 acres next to St. Cloud's Tohoqua

    Winter Park-based Battaglia Group has applied to rezone 120 acres in St. Cloud for a Planned Unit Development with entitlements for nearly 1,600 homes and a town center to position the property for sale.  The orange grove is located at the southwest corner of Neptune Road and Old Canoe Creek Road,...

  • Xentury City marketing land around Gaylord Palms for new luxury hotels

    Xentury City marketing land around Gaylord Palms for new luxury hotels

    Next year's opening of Disney's Star Wars: Galaxy's Edge attraction has prompted the Saudi owners of 200-plus acres surrounding the Gaylord Palms Resort and Convention Center to revamp their marketing strategy for the land. Master developer Xentury City has engaged CBRE's Robert McEwan to market...

  • Miami Beach investor pays $4.1M for business park next to Kissimmee airport

    Miami Beach investor pays $4.1M for business park next to Kissimmee airport

    After putting down stakes in Orlando's small-bay flex industrial market in 2015, Miami Beach's Z Asset Management Corp. paid $4.1 million last week for a 4-acre business park next to Kissimmee Gateway Airport. Built in 2004, the Armstrong Business Center is comprised of four multi-tenant flex warehouse...

  • Minnesota construction firm exec buys rare Lake Toho estate home for $1M

    Minnesota construction firm exec buys rare Lake Toho estate home for $1M

    A traditional brick estate home with stunning views of Kissimmee's Lake Tohopekaliga convinced the owners of a Minnesota construction firm to look outside of the tourism corridor for their new vacation home. The 9,000-square-foot home on Kissimee's gated Grandview Boulevard features six bedrooms...

  • BioLife planning $7M plasma center near new Orlando Health-Tupperware campus

    BioLife planning $7M plasma center near new Orlando Health-Tupperware campus

    An international biotech firm has filed preliminary plans to build a 15,210-square-foot plasma center within walking distance of the new Tupperware SunRail station and Orlando Health emergency room.  BioLife Plasma Services is eyeing a 3-acre outparcel in the Gateway Station Shopping Center, a...

  • Affordable housing developer eyes site in Kissimmee for new apartment complex

    Affordable housing developer eyes site in Kissimmee for new apartment complex

    A South Florida multifamily developer that specializes in affordable housing has plans to build 96 apartments next to Kissimmee's Shingle Creek Regional Park. Kemissa Colin, a development analyst for Housing Trust Group, met Tuesday with Kissimmee's Development Review Committee to finalize the...

  • Osceola's W192 board launches study for tourism corridor design guidelines

    Osceola's W192 board launches study for tourism corridor design guidelines

    For years Osceola County's W192 Development Authority has talked about the need for design guidelines to regulate development along the tourism corridor. Now the board is closer to making it a reality. This week, the board had a kick-off meeting with planning consultants from Logan Simpson, who...

  • Two developers racing to build new self-storage facilities near Reunion

    Two developers racing to build new self-storage facilities near Reunion

    The Four Corners market is about to get its own version of "Storage Wars" as two developers race to break ground on self-storage facilities across from each other on C.R. 532 next to Reunion. Orlando-based K4 Investments president Tony Kostantinidis met Wednesday with Osceola County's Development...

  • General Motors president buys $1M vacation home in Disney's Celebration

    General Motors president buys $1M vacation home in Disney's Celebration

    A leading Detroit auto executive and his wife paid $1 million last week for a five-bedroom estate home on Celebration Avenue, their second home in the Disney master-planned community. Alan Batey has been President of General Motors North America since 2014 and previously served as Head of GM Africa...

  • Osceola sports complex developer gets extension for purchase of W192 site

    Osceola sports complex developer gets extension for purchase of W192 site

    The developer of a $20 million sports complex on Kissimmee's W192 tourism corridor has been given an extension to complete their purchase of the land, but the first phase is still on schedule to open next year, a county official told GrowthSpotter. Osceola County Commissioners signed a Development...

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  • Arizona land banker pays $5.4 million for 105-acre Narcoossee subdivision

    Arizona land banker pays $5.4 million for 105-acre Narcoossee subdivision

    Coronado West, an Arizona-based land banker, paid $5.4 million last week for 105 acres in northeast Osceola County that's already approved for 349 home sites. President John Cork told GrowthSpotter the acquisition was a land banking transaction on behalf of Ashton Woods. "We basically follow homebuilders...

  • Kissimmee nonprofit plans shipping container apartments in tourism corridor

    Kissimmee nonprofit plans shipping container apartments in tourism corridor

    A Kissimmee nonprofit agency that serves the homeless and needy along W192 wants to tap into the container housing trend to solve Osceola's affordable housing crisis.  The Community Hope Center met with the county's Development Review Committee Wednesday morning to discuss preliminary conceptual...

  • Osceola's NeoCity lands tech manufacturer for 20-acre lakefront R&D innovation center

    Osceola's NeoCity lands tech manufacturer for 20-acre lakefront R&D innovation center

    Osceola County's 500-acre NeoCity tech district has potentially landed its first private industry user who has committed to building a 20,000-square-foot lakefront "innovation center." Commissioners on Monday approved a Memorandum of Understanding (MOU) with the company, referred to by code name...

  • Orlando Health targets Reunion Village for possible hospital site

    Orlando Health targets Reunion Village for possible hospital site

    Orlando Health has signed on to anchor the Reunion Village mixed-use development at the I-4/ChampionsGate interchange. The nonprofit healthcare system and Encore Capital Management, master developer of Reunion, jointly announced Orlando Health's purchase contract on Monday for 25 acres the town...

  • Galt's Landing at Harmony

    Galt's Landing at Harmony

    Galt's Landing would be a 10-unit, fly-in subdivision with estate, lakefront homes with oversized garages to accommodate small aircraft. (Rj Whidden and Associates)

  • Pilot planning new luxury fly-in subdivision near Harmony golf community

    Pilot planning new luxury fly-in subdivision near Harmony golf community

    An Orlando-based airline pilot has filed preliminary plans for Osceola County's first luxury fly-in community near Harmony. Owner/developer Brian Hickok, a captain for JetBlue, told GrowthSpotter he has always dreamed of owning a home with a private hanger in a fly-in community, but he couldn't...

  • Developer Hines sues insurance companies in dispute over condemned apartments

    Developer Hines sues insurance companies in dispute over condemned apartments

    Texas-based developer Hines, which is being sued over the alleged shoddy construction of an apartment complex in Disney's Celebration community, has now sued its subcontractors and insurers for denying claims related to the ill-fated project.  Hines was the original developer and general contractor,...

  • St. Cloud's AmeraTrail planning new HQ and manufacturing plant on E192

    St. Cloud's AmeraTrail planning new HQ and manufacturing plant on E192

    St. Cloud-based AmeraTrail, which builds custom boat trailers, is planning for a new 150,000-square-foot manufacturing facility as part of a larger 55-acre mixed-use development. Owner Scott C. Locke has applied to rezone the land at the intersection of U.S. 192 and Old Melbourne Highway, near...

  • Kissimmee active adult apartments across from The LOOP sell for $29.5M

    Kissimmee active adult apartments across from The LOOP sell for $29.5M

    One of the busiest multifamily developers in Kissimmee's LOOP/Tupperware submarket has sold an active-adult apartment complex to a national real estate investment firm for $29.5 million. Palm Beach Gardens-based Eastwind Development and co-developer Index Investment Group built the four-story,...

  • Isolé Villas bridges gap between 4-star resort and vacation home experience

    Isolé Villas bridges gap between 4-star resort and vacation home experience

    Among discerning travelers, Reunion golf resort is known as the go-to destination for the biggest, most luxurious vacation homes in the Orlando market. They offer up to 14 bedrooms, themed decor, private bowling alleys and every style of architecture from modern to Mediterranean.   David Krakauer...

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  • Osceola Sheriff wants $2M from W192 Development Authority for command center

    Osceola Sheriff wants $2M from W192 Development Authority for command center

    Osceola County Sheriff Russ Gibson wants the W192 Development Authority to help foot the bill for a new $17 million command center to serve the booming tourism corridor. Gibson will meet with the W192 board next week to ask for $2 million, which equates to nearly 40 percent of the development authority's...

  • D.R. Horton assembles land in East Narcoossee for 96-lot subdivision

    D.R. Horton assembles land in East Narcoossee for 96-lot subdivision

    D.R. Horton has assembled 22 acres in Osceola's East Narcoossee community for a new 96-lot subdivision. The homebuilder rezoned the properties last December for low-density residential development, and this week applied for environmental permits with the South Florida Water Management District....

  • New construction in Osceola County topped $914M in 2017

    New construction in Osceola County topped $914M in 2017

    More than $914 million in new construction last year helped push Osceola County's property values well above $35 billion, according to Property Appraiser Katrina Scarborough. "I would attribute the increase to both new construction and increasing property values," she told GrowthSpotter. "We have...

  • Miami investor pays $4.75M for Wyndham flag on U.S. 192 in Kissimmee

    Miami investor pays $4.75M for Wyndham flag on U.S. 192 in Kissimmee

    A Miami hotelier paid $4.75 million on Monday to enter the Kissimmee market, buying the 130-room Baymont Inn & Suites on the U.S. 192 corridor. Built in 1990, the three-story hotel lies just east of Shingle Creek Regional Park and is within the W192 Development Authority district boundary. DSH...

  • Baker Barrios to present concepts for Kissimmee downtown arts center

    Baker Barrios to present concepts for Kissimmee downtown arts center

    Kissimmee Commissioners have scheduled a special workshop on June 26 for architects from Baker Barrios to present conceptual plans for converting the downtown civic center into a performing arts venue. Wayne Dunkelberger, the firm's creative director, told GrowthSpotter the proposed Master Plan...

  • UPDATED: Eastwind closes on Phase 1 apts site near Tupperware SunRail, plans new unit type

    UPDATED: Eastwind closes on Phase 1 apts site near Tupperware SunRail, plans new unit type

    Eastwind Development paid $3.97 million on Thursday for the first takedown in a two-phased, transit-oriented multifamily site across from the new Tupperware SunRail Station. The 14-acre site lies along the newly widened Orange Avenue, just north of the new Orlando Health free-standing emergency...

  • Developer Hines sued over condemned apartment complex in Celebration

    Developer Hines sued over condemned apartment complex in Celebration

    Southstar Capital Group is suing one of the world's largest real estate developers over claims of shoddy construction work on a Celebration apartment complex that was condemned by Osceola County last summer. Palm Beach-based Southstar paid $67 million in the fall of 2016 for the newly built Aviva...

  • Sun Terra signs Jones Homes for land in Harmony West expansion

    Sun Terra signs Jones Homes for land in Harmony West expansion

    Jones Homes USA is expanding its footprint in Osceola County's St. Cloud market by reaching a deal with master developer Sun Terra Communities for Phase 1 of Harmony West. Sun Terra Principal Richard Jerman told GrowthSpotter the Altamonte Springs-based homebuilder has signed a contract to buy...

  • New apartments, retail planned on former state-owned land in Kissimmee

    New apartments, retail planned on former state-owned land in Kissimmee

    A Dominican family investment group paid $2.69 million last year for state surplus property on Kissimmee's busy John Young Parkway (JYP) and now wants to rezone it for apartments and retail. Florida Site Selectors has applied to the city for a land use change for high-density multifamily on 15...

  • Tampa-based multifamily group enters Kissimmee market via portfolio buy

    Tampa-based multifamily group enters Kissimmee market via portfolio buy

    Tampa-based multifamily investor American Landmark paid $69.767 million on Wednesday for a 432-unit property in Kissimmee, part of a four-asset portfolio deal totaling 1,212 units across three states.  Located at 3101 Segreto Lane, the former Bella Apartments date to 2010 and were 96 percent occupied...

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  • Pulte to buy 25-acre parcel near East Lake Toho from Osceola Schools

    Pulte to buy 25-acre parcel near East Lake Toho from Osceola Schools

    The School District of Osceola County is expected to sell 25 acres of surplus land in St. Cloud to Pulte Homes for $1.53 million.  The land is one of three parcels the district offered for sale as a competitive bid process in April, but lack of interest forced the district to extend the bid deadline...

  • Pulte Homes files subdivision plan for expansion of Windsor at Westside

    Pulte Homes files subdivision plan for expansion of Windsor at Westside

    Pulte Homes is prepping a third phase of its popular Windsor at Westside vacation home resort community. The homebuilder filed a Preliminary Subdivision Plan (PSP) and Site Development Plan (SDP) with Osceola County last week for the 46-acre parcel at the the southeast corner of Westside Boulevard...

  • Local government officials recap week at ICSC RECon

    Local government officials recap week at ICSC RECon

    Osceola County's W192 Development Authority and city officials from Ocoee and Orlando joined 1,200 exhibitors last week in Las Vegas for the world's largest real estate convention. Hosted by the International Conference of Shopping Centers (ICSC), RECon annually attracts 37,000 commercial real...

  • State pays $1 million for land to extend Shingle Creek Regional Trail

    State pays $1 million for land to extend Shingle Creek Regional Trail

    The State of Florida paid $1.08 million last week for the land to build a key segment of the Shingle Creek Regional Trail (SCRT) in the city of Kissimmee along the shore of Lake Tohopekaliga. The trail segment will be known as the Yates Connector, in recognition of longtime land owners Cecil and...

  • Pineloch to resubmit Center Lake Ranch annexation with new data

    Pineloch to resubmit Center Lake Ranch annexation with new data

    Pineloch Management Corp., which owns Osceola County's Center Lake Ranch, will eventually resubmit an annexation request with the City of St. Cloud for the 2,016-acre project -- this time with a detailed financial report illustrating the potential tax revenues it could generate. "Ultimately, we...

  • Gaylord Palms releases new details about $150M hotel expansion in Kissimmee

    Gaylord Palms releases new details about $150M hotel expansion in Kissimmee

    Construction on the $150 million expansion at Kissmmee's Gaylord Palms Resort & Convention Center will start in this year's third quarter with the first of two parking decks, according to a Nashville-based REIT that owns the hotel. Ryman Hospitality Properties formally announced the expansion project...

  • Osceola to restrict new commercial development outside designated 'centers'

    Osceola to restrict new commercial development outside designated 'centers'

    Osceola Commissioners gave preliminary approval Monday night to new land use policies that would restrict commercial development outside of a few dozen designated commercial centers in the county. The policy is part of ongoing Comprehensive Plan and Land Use Code updates that county planners began...

  • South Florida timeshare group pays $1.4M for W192 building, plans new office

    South Florida timeshare group pays $1.4M for W192 building, plans new office

    A veteran developer of Kissimmee timeshare resorts paid $1.4 million last week for a retail building on the W192 corridor, with intentions for a new sales office. Marketing executive Elliott Levy told GrowthSpotter he represents a group of investors from South Florida and South America who are...

  • Gaylord Palms & Osceola County reach deal for $150M expansion of Kissimmee hotel

    Gaylord Palms & Osceola County reach deal for $150M expansion of Kissimmee hotel

    Gaylord Palms Resort & Convention Center has reached a deal with Osceola County that clears the way for the county's largest hotel to add another 300 rooms and 90,000 square feet of new meetings and event space. Plans also call for two new parking garages and a $10 million water park expansion...

  • Pinnacle Housing eyes site near ChampionsGate for apts & townhomes

    Pinnacle Housing eyes site near ChampionsGate for apts & townhomes

    Miami-based multifamily developer Pinnacle Housing Group has 39 acres under contract next to the ChampionsGate Country Club golf course, and is planning a mix of apartments and fee-simple townhomes on the site. Pinnacle specializes in developing affordable workforce and senior housing, but Regional...

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  • Zoning, noise issues could thwart potential UTV attraction on W192

    Zoning, noise issues could thwart potential UTV attraction on W192

    A father and son investment team got a quick lesson Wednesday on Osceola County's noise ordinance when they met with the Development Review Committee about a possible UTV course on Kissimmee's W192 tourism corridor. Utility Terrain Vehicles, also called side-by-side vehicles, can carry anywhere...

  • Osceola delays vote on solar mandate for new home construction

    Osceola delays vote on solar mandate for new home construction

    Osceola County Commissioners have postponed a vote on new energy efficiency building policy that would mandate installation of solar panels on all new homes and major residential remodels. County spokesman Mark Pino told GrowthSpotter the item was pulled from next Monday's meeting agenda. This...

  • Fuqua refreshes master plan w/new detail for 677 acres on Osceola's Lake Toho

    Fuqua refreshes master plan w/new detail for 677 acres on Osceola's Lake Toho

    Veteran Orlando developer Jeff Fuqua has filed a revised and more detailed conceptual master plan (CP) for Fontana Lakes, an approved 677-acre mixed-use marina development on Lake Tohopekaliga.   The concept plan represents the first new filing for the project since 2015. But Fuqua, president of...

  • Developer files plan for mixed-use project at main entrance to NeoCity

    Developer files plan for mixed-use project at main entrance to NeoCity

    Kissimmee-based Schoolfield Properties is preparing an 18-acre mixed-use project that will serve as the main gateway entrance to the NeoCity tech district. With a mix of office, retail, residential and hotel uses, Valencia Village has been designated a "project of significance" by the city because...

  • Osceola Commissioners approve $2.2M land buy for OHP expansion

    Osceola Commissioners approve $2.2M land buy for OHP expansion

    Osceola County Commissioners bought another key parcel for the future expansion of Osceola Heritage Park, voting Monday to pay $2.2 million for an 11-unit rental community on Fortune Road.  The Keston Park complex consists of two three-bedroom/two-bath units and nine five-bedroom/three-bath units....

  • Epoch Residential eyes Kissimmee site near The Loop for mixed housing project

    Epoch Residential eyes Kissimmee site near The Loop for mixed housing project

    Winter Park-based Epoch Residential has filed plans with the city of Kissimmee for a multi-phased development with up to 788 units in The Loop submarket. The luxury multifamily developer has a purchase contract on 74 acres in the Flora Ridge Mixed-Use PUD, east of Dyer Boulevard and about a third...

  • Dubai-funded farming company buys Osceola's El Maximo ranch for $136.5M

    Dubai-funded farming company buys Osceola's El Maximo ranch for $136.5M

    Once one of Florida's iconic ranching dynasties, the Latt Maxcy Corporation has sold the balance of its Osceola County land holdings -- 38,453 acres -- to a global agribusiness firm and the government of Dubai for $136.5 million. "We are a fully integrated farming company," Optimum Agriculture CEO...

  • Pineloch Management regrouping after shocking vote on Center Lake annexation

    Pineloch Management regrouping after shocking vote on Center Lake annexation

    Orlando-based Pineloch Management Corp. is still trying to regroup weeks after the St. Cloud City Council voted 3-2 against annexing its 2,016-acre Center Lake Ranch mixed-use project. The ranch property, just east of Narcoossee Road, is an approved Development of Regional Impact (DRI) with entitlements...

  • Movie-themed vacation home on Reunion golf course sells for $1.6M

    Movie-themed vacation home on Reunion golf course sells for $1.6M

    A palatial, movie-themed vacation home overlooking Reunion's Jack Nicklaus golf course sold for $1.6 million recently after just 11 days on the market. Listing broker Penny Stokes-Hilton said the sellers, David and Leslie Grimm of Dublin, Ohio, worked closely with Legacy Custom Built Homes and...

  • Vacation home company buys $1.5M office building on W192 for expansion

    Vacation home company buys $1.5M office building on W192 for expansion

    A Kissimmee-based vacation home management company in need of more space paid $1.52 million earlier this month for an office building on W192 at the signalized Lindfields Boulevard intersection. Florida Scandi currently manages about 350 vacation homes and other rental properties, managing partner...

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  • Tavistock agrees to move Sunbridge utilities, preserve lands near Split Oak

    Tavistock agrees to move Sunbridge utilities, preserve lands near Split Oak

    Tavistock Development Company has made a costly concession, agreeing to relocate a new utility plant for Sunbridge in exchange for the full support of Osceola County Commissioners -- and environmental groups -- for a new toll road that clips the southwest corner of the Split Oak Forest. Tavistock...

  • St. Cloud adopts design guidelines for all non-residential development

    St. Cloud adopts design guidelines for all non-residential development

    New commercial buildings in St. Cloud will have to adhere to strict architectural standards as part of a land development code (LDC) update the City Council unanimously approved on Thursday. Similar guidelines could be extended to unincorporated Osceola County later this year.  The ordinance requires...

  • Celebration-based church buys 19-acre site in Reunion for new campus

    Celebration-based church buys 19-acre site in Reunion for new campus

    A non-denominational congregation that currently holds worship services at Celebration High School paid $3.1 million on Friday for land in nearby Reunion for its first church building. Lead Pastor Tim Ingram founded illuminate church in 2012 with 150 members, and the congregation has grown steadily...

  • Osceola planners want redesign of AV Homes community next to SunRail station

    Osceola planners want redesign of AV Homes community next to SunRail station

    AV Homes Division President Ken Thirtyacre had hoped to be under construction this summer at the company's new Solstice community by the time SunRail opened its Poinciana station in July. But Osceola County planners have sent the developer back to the drawing board, ordering a redesign of the Preliminary...

  • Kissimmee W192 Lake Cecile site eyed for new condo resort community

    Kissimmee W192 Lake Cecile site eyed for new condo resort community

    A Brazilian multifamily developer is planning its Orlando entry via Kissimmee with a $30 million condominium project on the W192 tourism corridor. Four Seasons Company partner Ricardo Amaral and his representatives met this week with Osceola County's Development Review Committee to discuss developing...

  • Developer ready to revive dormant Snow White Village apartment project

    Developer ready to revive dormant Snow White Village apartment project

    Representatives for The Jaymor Group met Wednesday with Osceola's Development Review Committee to discuss building a 304-unit apartment complex on the site of the former Snow White Village trailer park in Kissimmee's tourism corridor. Jaymor is based in Canada, and specializes in multifamily and...

  • D.R. Horton moving forward with 110-acre commercial section of Kindred

    D.R. Horton moving forward with 110-acre commercial section of Kindred

    Three years after it started building homes in Osceola County's Kindred community, D.R. Horton is moving forward with plans for roughly 110 acres of commercial property in the sprawling mixed-use development south of NeoCity. The developer has filed a Preliminary Subdivision Plan designating a...

  • Osceola Schools seeking architect for $30.7M middle school reconstruction

    Osceola Schools seeking architect for $30.7M middle school reconstruction

    Osceola County Schools is seeking an architectural and engineering firm for the $30.7 million reconstruction of St. Cloud Middle School. The district posted a Request for Qualifications (RFQ) this week for the project, the third school reconstruction in the last two years. Construction is already...

  • Lennar files construction plans for ChampionsGate addition

    Lennar files construction plans for ChampionsGate addition

    Lennar expects to close in the next few months on the first of two major additions to ChampionsGate, a top executive told GrowthSpotter. The developer filed construction plans last week for a 30-acre site adjacent to the next phase of its ChampionsGate Country Club expansion on the north side of...

  • W192 Board budget includes millions to bury powerlines, build pedestrian bridges

    W192 Board budget includes millions to bury powerlines, build pedestrian bridges

    Osceola's W192 Development Authority plans to spend more than $50 million in the next five years to bury power lines, redo the purple-themed streetscape and build pedestrian bridges on the tourism corridor. Board members unanimously approved their first five year capital improvement plan, as well...

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  • Local development group planning new hotel on Kissimmee's W192 corridor

    Local development group planning new hotel on Kissimmee's W192 corridor

    Hotelier Aziz Visram has teamed up with Align Commercial Real Estate for a new hotel project on Kissimmee's W192 tourism corridor. Visram previously renovated and sold the Comfort Inn Maingate at 7675 W. Irlo Bronson Memorial Highway, about a mile from Disney's Animal Kingdom. He kept an undeveloped...

  • Developer adding office building to self-storage facility on Celebration Blvd

    Developer adding office building to self-storage facility on Celebration Blvd

    With construction well underway for a self-storage facility on Celebration Boulevard, GNP Development is moving forward with the second phase of the project.  Managing Partner Mark Gerenger told GrowthSpotter the Tampa-based boutique real estate firm will seek permits for a 39,000-square-foot commercial...

  • Pulte planning 550-lot subdivision in hot Four Corners market

    Pulte planning 550-lot subdivision in hot Four Corners market

    Pulte Homes is eyeing 151 acres on Sand Mine Road in Davenport for a new 550-lot subdivision. Chris Cleary, director of land acquisition for Pulte, has applied for a Level 1 review with Polk County's Development Review Committee later this month for the project. He indicated the community would...

  • Orlando developer ready to reboot stalled townhouse community in Kissimmee

    Orlando developer ready to reboot stalled townhouse community in Kissimmee

    Orlando developer Hank Sabeti is moving forward with the second phase of his Fiesta Key Resort after it sat idle for more than a decade. The project on Kissimmee's Poinciana Boulevard was originally approved for 371 vacation resort townhomes and an amenity center, but the project stalled after...

  • Former condemned W192 hotel now a showpiece after $8M renovation

    Former condemned W192 hotel now a showpiece after $8M renovation

    It's been two weeks since the Hawthorn Suites Kissimmee Gateway opened, and General Manager Pauli Perera stepped out of the newly constructed lobby Friday to announce that the extended-stay hotel is fully booked. To grasp the significance of that statement, you'd have to know that a year and half...

  • Orlando CRE investors see value-add potential in W192 strip center

    Orlando CRE investors see value-add potential in W192 strip center

    Orlando-based Kelton Capital Partners paid $1.55 million earlier this month for a fully-leased Sam's Club shadow anchor strip center on Kissimmee's W192 corridor. Co-founder Kevin Smith told GrowthSpotter the partners were attracted to the W192 corridor because they see strong capital investment...

  • Osceola County Schools seeking millions for surplus land in St. Cloud

    Osceola County Schools seeking millions for surplus land in St. Cloud

    The Osceola County School District has set a minimum price of nearly $3 million for 45 acres of surplus land across three sites it's selling in the fast-growing St. Cloud submarket. Two of the sites were donated to the district by developers in exchange for school impact fee credits, but the county's...

  • Lennar Homes eyeing another 156 acres next to ChampionsGate Country Club

    Lennar Homes eyeing another 156 acres next to ChampionsGate Country Club

    Lennar Homes could be adding more land to its vast holdings in the ChampionsGate area for another major expansion of the golf resort and vacation home community. The homebuilder and its development team are scheduled to meet with Osceola County's Development Review Committee next week to discuss...

  • Reunion developer to launch new condo community, expand water park

    Reunion developer to launch new condo community, expand water park

    The master developer of Reunion Resort expects to break ground this summer on a modern new condominium resort sandwiched between the community golf course and original water park, a lead executive told GrowthSpotter. Neil Eisner, managing director of Encore Capital Management, confirmed the project...

  • Osceola extends deadline for new home permits to avoid mobility fee hike

    Osceola extends deadline for new home permits to avoid mobility fee hike

    Osceola County has extended the deadline to April 20 for homebuilders to file building permits and still avoid the 89 percent mobility fee hike. The new mobility fees go into effect May 1, raising the fees for a single-family home from $4,585 to $8,688. The county's planning staff had previously...

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  • Disney Co. buys Class A office building in Celebration for $21.8M

    Disney Co. buys Class A office building in Celebration for $21.8M

    A Walt Disney Co. affiliate paid $21.8 million last week for a Class A Celebration office building primarily to fill a need for more of its own local office space, the seller told GrowthSpotter. "They were the largest tenant. They occupied 36 percent of the building," TerraCap Managing Partner...

  • Encore planning upscale retail and dining village in Reunion

    Encore planning upscale retail and dining village in Reunion

    Encore Capital Management is in the early planning stages for a new retail town center called Reunion Village at the Interstate 4 interchange, across from ChampionsGate. "We’re working on the I-4 piece," Managing Director Neil Eisner told GrowthSpotter on Wednesday. "We're looking to do high-end...

  • Self-storage sought for former grocery store site in Kissimmee

    Self-storage sought for former grocery store site in Kissimmee

    California-based William Warren Group (WWG) is eyeing a former grocery store site in Kissimmee's Buenaventura Lakes neighborhood for its next self-storage facility.  The company is seeking a conditional use permit and site plan approval to allow self-storage in a Mixed-Use PUD on a vacant 3.8-acre...

  • Beazer Homes pays $2M for land near future Osceola Parkway Extension

    Beazer Homes pays $2M for land near future Osceola Parkway Extension

    Beazer Homes has paid $2 million for two parcels totaling 36 acres on Boggy Creek Road in the Buena Ventura Lakes area, near the future Osceola Parkway Extension. The property was rezoned last year to Low Density Residential. The larger parcel is 34 acres and has an approved preliminary subdivision...

  • The Green Solution files plans for three medical marijuana dispensaries in Osceola

    The Green Solution files plans for three medical marijuana dispensaries in Osceola

    The Green Solution, which sued Osceola County for the right to open medical marijuana dispensaries here, has filed Site Development Plans for three locations that include a former Bob Evans restaurant on the W192 tourism corridor. Osceola Commissioners settled with the company on Feb. 20, agreeing...

  • Osceola commits $20M of tourist tax funding for new W192 sports complex

    Osceola commits $20M of tourist tax funding for new W192 sports complex

    Osceola County is teaming up with a private developer to build a $20 million sports complex on one of the largest undeveloped sites along the W192 tourism corridor. Commissioners are scheduled to vote Monday on a Development Agreement with LifeSports USA to build and operate a 60-acre sports complex...

  • Investment group pays $5.2M for mixed-use site close to NeoCity

    Investment group pays $5.2M for mixed-use site close to NeoCity

    An investment group led by Orlando broker David Salanitro has closed on a 66-acre parcel near NeoCity after having it under contract for two years. Orteka Partners LLC paid $5.2 million for the "Ivy Lakes" site on Fortune Road, just east of the Florida's Turnpike. The seller was Ivey Groves, a...

  • ChampionsGate land owner launches environmental studies for planned hotel site

    ChampionsGate land owner launches environmental studies for planned hotel site

    The owner of a potential hotel site at the I-4 - ChampionsGate interchange has begun environmental studies as a prelude to marketing the site for sale. Four Corners-area broker Sean Fullerton told GrowthSpotter his client has hired Stillwater Environmental to conduct a formal wetlands review and...

  • Kissimmee cancels selection of affordable housing developer, plans to rebid

    Kissimmee cancels selection of affordable housing developer, plans to rebid

    The city of Kissimmee has canceled a February solicitation for developers to build affordable housing on 19 acres just west of downtown, and plans to rebid the project at a later date. In their rush to select a developer, city officials overlooked the fact that the project was ineligible for Low...

  • Osceola Science Charter School planning major expansion with new K-12 campus

    Osceola Science Charter School planning major expansion with new K-12 campus

    Osceola County's only STEM-focused charter school is planning a major expansion to include building its own K-12 campus on John Young Parkway in Kissimmee. Osceola Science Charter School now serves grades K-4 and leases classroom space from Avant Garde Academy on 2880 N. Orange Blossom Trail. The...

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