Osceola County Developments

  • Intram lands developer for Phase 1 multifamily at Sunrise City Plaza

    Intram lands developer for Phase 1 multifamily at Sunrise City Plaza

    Intram Investments is teaming up with Integra Land Company for the multifamily portion of its 238-acre Sunrise City mixed-use project in Kissimmee's tourism corridor. Intram President Rashid Khatib told GrowthSpotter that the Lake Mary developer is expected to close in August on 11.5 acres just...

  • W192 Redevelopment board divides corridor into 8 zones to focus spending

    W192 Redevelopment board divides corridor into 8 zones to focus spending

    Osceola County's W192 Development Authority is moving quickly to implement a new strategy focusing on defined target areas and capital projects. Executive Director David Buchheit presented his plan on April 19 to subdivide the 17-mile corridor into eight distinct zones, or subdistricts, beginning...

  • Canadian developer planning $8 million multifamily conversion of W192 hotel

    Canadian developer planning $8 million multifamily conversion of W192 hotel

    Montreal-based developer Aldo Coviello said it will take a good architect, a lot of money and some magic to convert a shuttered hotel on Kissimmee's W192 corridor into a modern apartment building. But that's what he intends to do. Coviello, president of Aldo Construction, said he has a contract...

  • Battaglia Group prepping 130-acre site in St. Cloud for mixed-use

    Battaglia Group prepping 130-acre site in St. Cloud for mixed-use

    A Winter Park real estate firm that got its start in the citrus industry is prepping 130 acres of St. Cloud orange grove for future development. Battaglia Group is meeting with brokers and working with VHB, Inc., to master plan the site in anticipation of listing it in the near future, COO Daniel...

  • New school, performing arts center study among bids to be awarded in Osceola

    New school, performing arts center study among bids to be awarded in Osceola

    Osceola County Schools has selected a first-place award-winning school design by Orlando-based Song + Associates as the prototype to replace the county's oldest elementary school.   The Michigan Avenue Elementary project was top priority in the half-cent sales tax referendum Osceola County voters...

  • Reich Properties planning new industrial park in St. Cloud

    Reich Properties planning new industrial park in St. Cloud

    Reich Properties is banking on a growing demand for flex-industrial space in St. Cloud, making its second major land acquisition in the city. John Reich told GrowthSpotter he is under contract and projected to close within 60 days on an unfinished 16-acre business park on Old Hickory Tree Road,...

  • Kissimmee resort owners planning new retail at E192 and FL Turnpike interchange

    Kissimmee resort owners planning new retail at E192 and FL Turnpike interchange

    The owners of the Flamingo Waterpark Resort on E192 at the Florida Turnpike interchange are moving forward with plans to build a shopping and lifestyle center in front of the hotel. Miami-based Blue Road paid $9 million in 2014 to buy the 245-room full-service hotel, and has invested another $2...

  • Osceola's W192 Development Authority could spend millions around Margaritaville

    Osceola's W192 Development Authority could spend millions around Margaritaville

    Osceola's W192 Development Authority wants to change how it spends its tax dollars, choosing to focus on specific target areas rather than spreading it around the 17-mile corridor. And Margaritaville Resort, scheduled to open in 2018, could be the first beneficiary of the new approach. Over the...

  • Richmond American pays $4.8M for finished lots in St. Cloud

    Richmond American pays $4.8M for finished lots in St. Cloud

    Richmond American Homes is expanding its lot inventory in St. Cloud, paying $4.8 million for 100 finished lots in Pinewood Gardens. The 198-lot neighborhood was first platted in 2005 by Brevard County developer Ron Howse. His company, Mathews Properties & Development Inc., purchased the 60-acre...

  • British couple buys $2.1M vacation home in Reunion Resort

    British couple buys $2.1M vacation home in Reunion Resort

    The owners of England's fastest growing wine import company are now part-time residents of Reunion Resort. Tony and Veronica Cleary, founders of Lanchester Group, paid $2.1 million for a nearly 10,000-square-foot estate home on Legends Corner in the golf resort. The custom home was built in 2013...

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  • D.R. Horton under contract to buy 350-home subdivision on Westside Blvd

    D.R. Horton under contract to buy 350-home subdivision on Westside Blvd

    Homebuilder D.R. Horton and developer Keewin Real Property Co. are teaming up for a 350-home project on Kissimmee's Westside Boulevard. The 72-acre parcel at the southwest corner of Westside Boulevard and Florence Villa Grove Road is designated as "Parcel L" in the Mixed-Use District Planned Development...

  • Margaritaville developer talks new signage & tech details for Kissimmee resort

    Margaritaville developer talks new signage & tech details for Kissimmee resort

    Margaritaville Resort will create a trio of landmark entrances on U.S. 192 through its sign package that will be photo-ops for years to come, developer Jim Bagley told GrowthSpotter on Thursday. "We expect to bring a Vegas-style entertainment sign package that’s very compelling and very tasteful,...

  • EspoGroup to add retail and office near Tupperware SunRail station

    EspoGroup to add retail and office near Tupperware SunRail station

    Orlando-based EspoGroup wants to start construction on a three-story mixed-use building just south of the future Tupperware SunRail station as as soon as permits are issued, company executives told GrowthSpotter. President Jose Notaro and General Manager Alessandro Esposito met Wednesday with Osceola...

  • Lennar may expand Storey Lake with former Westgate parcel

    Lennar may expand Storey Lake with former Westgate parcel

    Lennar Homes may be looking to expand its vast Storey Lake community in Kissimmee with land previously slated for a WestGate Resorts timeshare community. The 73-acre site is immediately south of Storey Lake, and behind the Super Target on W192 in Kissimmee. Lennar has a purchase contract for the...

  • Osceola negotiating with sports park developer for new softball complex

    Osceola negotiating with sports park developer for new softball complex

    Osceola County is negotiating a development agreement with a New York-based firm to build and operate a $70 million softball complex on Kissimmee's tourism corridor. One site under consideration is a 217-acre parcel at the southwest quadrant of U.S. 192 and the S.R. 429 Beltway. It's just west...

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  • Osceola halts lakefront development despite permits, approves moratorium

    Osceola halts lakefront development despite permits, approves moratorium

    Under clear threat of litigation, Osceola County Commissioners voted Monday to reject a development agreement for 543 lakefront homes on Alligator Lake, despite the developer having approved permits and dramatically altering the project in response to environmental concerns on the Alligator Chain...

  • Kissimmee study will focus on downtown performing arts venue at civic center

    Kissimmee study will focus on downtown performing arts venue at civic center

    Kissimmee and Osceola County leaders are in discussions to do a complete overhaul of the Kissimmee Civic Center and transform it into a performing and cultural arts venue. The city posted a Request for Proposals (RFP) on March 7 for a feasibility study to determine the best use for the 42,000-square-foot...

  • Kissimmee Civic Center

    Kissimmee Civic Center

    Since it opened in 1994, the Kissimmee Civic Center has hosted every kind of event, from circuses to presidential rallies to spring cotillions. Now city and county leaders are considering a $10 million renovation that could include converting it to a cultural arts center. 

  • Proposed Osceola building moratorium scaled back significantly

    Proposed Osceola building moratorium scaled back significantly

    Osceola County administrators have seriously walked back a controversial one-year building moratorium that could have put a halt to new development across 54 square miles around the Alligator Chain of Lakes. As it was originally drafted, the ordinance would have put a hold on the acceptance, processing or...

  • Developer pitches new retirement community next to ChampionsGate

    Developer pitches new retirement community next to ChampionsGate

    Polk County developer Jean Marsan met with Osceola County planners Wednesday morning to get feedback on his proposal for a 156.4-acre gated retirement community on Bella Citta Boulevard, next to ChampionsGate. Marsan, owner of Marsan Realty and Better Built Homes, is proposing a total of 671 residential...

  • Tampa firm looking to build new 100-room branded hotel on W192 in Four Corners

    Tampa firm looking to build new 100-room branded hotel on W192 in Four Corners

    Tampa-based Laeq & Associates wants to build a new 100-room branded hotel on W192 in the Four Corners area if the firm can solve the riddle of how to develop the 8.2-acre site. "We're going through our due diligence, but the site has some challenges," Principal Syed Laeq Ali told GrowthSpotter. He's...

  • New York's United Group plans new apartment complex in Kissimmee

    New York's United Group plans new apartment complex in Kissimmee

    New York-based developer United Group is seeking site plan approval from the City of Kissimmee for a 108-unit apartment complex on John Young Parkway, about two blocks north of W. Vine Street. The Hamilton at Lakeside would be built on roughly 6 acres, accessing John Young Parkway via Bermuda Lakes...

  • Lennar files preliminary plan for more than 800 homes at ChampionsGate

    Lennar files preliminary plan for more than 800 homes at ChampionsGate

    Lennar representatives will meet with Oscoela County planners Wednesday to begin discussions for the next phase in ChampionsGate comprising approximately 821 new homes and condos. The Four Corners community is approved for more than 3,000 homes. The homebuilder has filed conceptual plans for a...

  • Popular Latin restaurant plans new location behind Osceola Heritage Park

    Popular Latin restaurant plans new location behind Osceola Heritage Park

    One of the Orlando area's most popular Latin restaurants has filed plans for a major expansion in Kissimmee just north of Osceola Heritage Park. Melao Bakery is seeking approval from Osceola County's Development Review Committee for a new, 16,400-square-foot building at the corner of Fortune Road...

  • Osceola Commissioner: Moratorium ordinance will change before March 20

    Osceola Commissioner: Moratorium ordinance will change before March 20

    Osceola County Commissioner Fred Hawkins Jr. told GrowthSpotter on Wednesday he expects a major rewrite of a controversial building moratorium ordinance around the Alligator Chain of Lakes before it reaches the board on March 20. Hawkins said the draft ordinance that was slated to halt new construction...

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  • KB Home buys land in East Narcoossee for new subdivision

    KB Home buys land in East Narcoossee for new subdivision

    Another national homebuilder is putting down stakes in the East Narcoossee community with a $2.1 million land acquisition at the corner of Zuni and Jack Brack roads. Jim Reinert, vice president of land for KB Home in Central Florida, told GrowthSpotter the homebuilder bought the 18-plus acres fully...

  • Osceola to consider moratorium on new development on 35K acres around lakes

    Osceola to consider moratorium on new development on 35K acres around lakes

    Osceola Commissioners are scheduled to vote March 20 on a one-year moratorium for new development that could affect 35,000 acres on and around the Alligator Chain of Lakes, to conduct an environmental study of the watershed. The item was on the board's March 6 agenda, but that meeting was canceled...

  • Issa Homes VP sells custom-built Celebration home for nearly $1.5M

    Issa Homes VP sells custom-built Celebration home for nearly $1.5M

    For the second time in as many weeks, one of Orlando's leading luxury custom homebuilders has sold his personal home in Celebration, this time for $1.485 million. Jeff Marchell, vice president of Issa Homes, built the nearly 5,000-square-foot house on Hubbard Court in 2005. The five-bedroom, six-bath...

  • Omni Orlando Resort execs foresee big payoff from expansion set to open in May

    Omni Orlando Resort execs foresee big payoff from expansion set to open in May

    Executives at the Omni Orlando Resort at ChampionsGate are expecting a big payoff from their $40 million expansion set to open on Memorial Day.   "We project that within two years, we will be running at above 70-percent occupancy," Marketing and Sales Director Jean Spaulding said on Friday. "That...

  • Custom homebuilder sells eight-bedroom Celebration estate for $1.9M

    Custom homebuilder sells eight-bedroom Celebration estate for $1.9M

    Luxury custom homebuilder Mike Kamenoff added all the bells and whistles to the eight-bedroom classic Celebration estate home on Arbor Court. After all, the client wasn't just any buyer -- it was his own family. "I owned that lot for six years before I built on it," he said. "We customized it for...

  • Osceola's W192 Development Authority ups grant money to $3M in 2018 budget

    Osceola's W192 Development Authority ups grant money to $3M in 2018 budget

    Osceola County's W192 Development Authority voted Thursday to allocate $2.4 million -- nearly half of its FY2018 operating budget -- for sign grants.  But much, if not all, of the funding could be spoken for before it becomes available Oct. 1.  The program, which provides 100 percent reimbursement...

  • DeBartolo Development to build new apartments in Reunion Resort

    DeBartolo Development to build new apartments in Reunion Resort

    Reunion Resort master developer Encore Capital Management is teaming up with a familiar partner to develop a new luxury apartment complex just off the S.R. 429 interchange. DeBartolo Development President and COO Edward Kobel told GrowthSpotter the Tampa-based company hopes to break ground in a...

  • Orlando physicians sell retail strip in Orange, then reinvest in Kissimmee

    Orlando physicians sell retail strip in Orange, then reinvest in Kissimmee

    Two of Orlando's leading gastroenterologists, who happen to be brothers, recently paid $2.3 million for a 9,240-square-foot retail strip center in Kissimmee. Doctors Srinivas Seela and Harinath Sheela are both Yale Medical School graduates who opened a family practice, Digestive and Liver Center...

  • Encore secures $40.6M loan for retail center at Margaritaville

    Encore secures $40.6M loan for retail center at Margaritaville

    The developer of Kissimmee's Margaritaville Resort has secured $40.6 million in financing from an Arkansas-based bank to complete the shopping center at the entrance to the Jimmy Buffett-themed resort. Encore Capital Management transferred the 40-acre shopping center, Shoppes at Rolling Oaks, to...

  • Osceola wants prototype design for replacement elementary school in St. Cloud

    Osceola wants prototype design for replacement elementary school in St. Cloud

    The Osceola County School District is in the market for an architectural prototype design to replace the county's oldest elementary school - Michigan Avenue Elementary in St. Cloud. The district's purchasing department posted a Request for Qualifications (RFQ) for architectural and engineering...

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  • Royal Oak Homes buys up lot inventory in Magic Landings for $1.33M

    Royal Oak Homes buys up lot inventory in Magic Landings for $1.33M

    Royal Oak Homes paid $1.33 million last week to buy all 28 undeveloped lots in Magic Landings, a gated community right next door to the Florida Advanced Manufacturing Research Center at NeoCity. President Stephen Orosz told GrowthSpotter that Royal Oak zeroed in on the neighborhood because of its...

  • Johnson Development scoops up retail site at W192 and Westside Blvd

    Johnson Development scoops up retail site at W192 and Westside Blvd

    South Carolina-based Johnson Development Associates has launched construction on its sixth Orlando-area self-storage facility, after paying $1.2 million Feb. 10 for a 3-acre parcel in the Four Corners area. Robert Sucher, JDA's senior real estate manager, told GrowthSpotter the company chose the...

  • Chicago investor pays $6M for 26-acre resort on W192

    Chicago investor pays $6M for 26-acre resort on W192

    Chicago real estate investor Rob Jarvis paid $6 million last week for the Champions World Resort on Kissimmee's W192 tourism corridor, and is eyeing more assets in the Orlando market. The resort property sits on 26 acres west of the S.R. 429 Beltway and consists of multiple 1970s-era, two-story...

  • Developer considers medical complex near new Valencia College campus

    Developer considers medical complex near new Valencia College campus

    A South Florida investor wants to develop up to 60,000 square feet of Class A medical offices across from the Bellalago community on Pleasant Hill Road, but zoning and environmental constraints could make the project unfeasible at that location. Guillermo Pulgarin and his broker, Tim Weisheyer,...

  • St. Cloud seeking millions from state for downtown redevelopment projects

    St. Cloud seeking millions from state for downtown redevelopment projects

    St. Cloud City Manager Joe Helfenberger said the city is seeking millions in state funds to launch an ambitious downtown redevelopment that includes new infrastructure and the first phase of Centennial Park. Helfenberger said the city wants to convert two of its main historic brick streets -- New...

  • Developer to raze ChampionsGate bank for more restaurants

    Developer to raze ChampionsGate bank for more restaurants

    A St. Petersburg retail developer has bought a Regions Bank at the main entrance to ChampionsGate but plans to demolish the building and replace it with two restaurants. An affiliate of Vantage Properties paid $1.3 million this week for the 1.3-acre outparcel next to Publix. Vantage Vice President...

  • Former Google executive buys $2.65M Celebration estate

    Former Google executive buys $2.65M Celebration estate

    A pioneer in the online and mobile payment industry just bought a $2.65 million vacation home in Celebration. Mike and Diane Blandina closed on the six-bedroom, six-bath Tuscan-style estate home on the 300 block of Acadia Lane this month. Mike Blandina is EVP and chief technology officer for retail...

  • Arizona REIT buys multiple WingHouse restaurants

    Arizona REIT buys multiple WingHouse restaurants

    Arizona-based STORE Capital is buying up multiple locations of The WingHouse Bar & Grill throughout Florida, and may in fact have bought the entire chain. The REIT paid $1.9 million on Jan. 27 to buy Ker's Winghouse restaurant at 3401 W. Vine St. in Kissimmee. The same day, STORE paid $2 million...

  • Elevation Development advancing Parkview project on W192

    Elevation Development advancing Parkview project on W192

    Orlando-based Elevation Development has started clearing land for the first phase of its Parkview retail project on Kissimmee's W192 tourist corridor and may have found a buyer for the 120-room hotel pad slated for Phase 2. Elevation CEO Owais Khanani told GrowthSpotter the firm is in negotiations...

  • CalAtlantic Group scoops up more lots in St. Cloud's Narcoossee corridor

    CalAtlantic Group scoops up more lots in St. Cloud's Narcoossee corridor

    CalAtlantic Group continues to be bullish on St. Cloud. Last week the homebuilder paid $6.3 million for the 106-lot Phase 1 of Sunset Groves, part of an 84-acre subdivision on Zuni Road in the Narcoossee community. The 288-lot development received site plan approval in 2014. Robert Godwin's EHRG...

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  • Developer buys vacant land next to Loop West, plans retail & QSR pads

    Developer buys vacant land next to Loop West, plans retail & QSR pads

    Retail developer NGI Investments is part of an investment group that paid $2.1 million on Jan. 31 for the vacant corner parcel on Osceola Parkway at Dyer Boulevard, next to the Loop West shopping center. NGI President Harry Kay bought a 20 percent interest in the project through affliate company...

  • DLC Residential buys W192 land near Margaritaville slated for 326 apartments

    DLC Residential buys W192 land near Margaritaville slated for 326 apartments

    South Florida-based luxury apartment developer DLC Residential is rebooting a 326-unit apartment complex on Kissimmee's W192 tourist corridor. DLC affiliate Bella Terra Citrus Ridge LLC paid $6.2 million on Jan. 31 for the 23.4-acre parcel west of the S.R. 429 interchange, and directly south of Orange...

  • Kissimmee physician planning medical complex on S.R. 535 tourism corridor

    Kissimmee physician planning medical complex on S.R. 535 tourism corridor

    Kissimmee allergist Imtiaz Ahmed wants to renew a permit for a planned medical office complex in the tourism corridor that stalled during the recession. Ahmed met this week with Osceola County planning staff to discuss how to resume work on the project, located at the intersection of S.R. 535 (Vineland...

  • Park Square Homes founders planning assisted living, daycare in Kissimmee

    Park Square Homes founders planning assisted living, daycare in Kissimmee

    Park Square Homes principals Suresh Gupta and his son, Vishaal Gupta, are reshaping their plan for a 11-acre site in the Brighton Lakes neighborhood off Pleasant Hill Road in Kissimmee. A family-owned affiliate company bought the site in 2012 in a tax certificate sale for $81,000. When the county...

  • South Florida investors pay $20M for Kissimmee apartment complex

    South Florida investors pay $20M for Kissimmee apartment complex

    Miami flower importer Herbert Jordan is part of an investment group that paid $20 million on Jan. 24 for a 208-unit apartment complex just north of the Kissimmee Gateway Airport. The Park at Sorrento complex, built in 1972, features a mix of garden-style and townhouse apartments on 15.6 acres....

  • Kissimmee broker introducing new 'smart' homes near research park

    Kissimmee broker introducing new 'smart' homes near research park

    Kissimmee real estate broker Aamir Khan is introducing a new "smart home" concept on Neptune Road, at the halfway point between the city's new SunRail station and Osceola County's high tech research park, NeoCity. Khan bought four contiguous lots on Neptune Road and Lakeview Avenue in 2015 for...

  • CalAtlantic pays $11.2M to expand position in St. Cloud at Whaley's Creek

    CalAtlantic pays $11.2M to expand position in St. Cloud at Whaley's Creek

    As CalAtlantic Group nears the final buildout of its popular Esprit community in St. Cloud, the homebuilder paid $11.2 million on Tuesday to remain in the neighborhood. The company bought out Phase 2 of Whaley's Creek, 216 lots of a 499-home subdivision on Canoe Creek Road directly across from...

  • Mattamy Homes launches new vacation home project and next phase of Tapestry

    Mattamy Homes launches new vacation home project and next phase of Tapestry

    Mattamy Homes USA is gearing up for the next phase of Tapestry, a 1,031-home gated community in Kissimmee. The Canada-based homebuilder this week filed mass grading plans for the four remaining phases of the 243-acre project. Mattamy also filed construction plans for Phases 3 and 4, which should...

  • Cost for Osceola Parkway Extension toll road expected to top $1B

    Cost for Osceola Parkway Extension toll road expected to top $1B

    The estimated cost for building the 12-mile Osceola Parkway Extension toll road tops out at more than $1 billion, according to final calculations presented during a public hearing Tuesday at Osceola Heritage Park. The formal hearing is the final step of the Project Development & Environmental (PD&E)...

  • Osceola County selling land at key interchange in tourism corridor

    Osceola County selling land at key interchange in tourism corridor

    Osceola County is looking to sell a 5.9-acre parcel at a key interchange in the Kissimmee tourism corridor. County Commissioners voted recently to declare the property surplus and put it on the market. The parcel is located right off the Osceola Parkway exit ramp at the S.R. 535 (Vineland Road)...

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  • FHC Development expanding residential project south of St. Cloud

    FHC Development expanding residential project south of St. Cloud

    FHC Development will more than double the size of its proposed Deer Run Estates subdivision south of St. Cloud this year when the developer closes on a 34-acre parcel fronting Hickory Tree Road, CEO Frank Cawthon told GrowthSpotter. The parcel is directly across from a planned 545-home Buena Lago...

  • Pulte Homes launching two new subdivisions in NE Osceola

    Pulte Homes launching two new subdivisions in NE Osceola

    A year after Pulte Homes nixed plans for an upscale, marina development on East Lake Tohopekaliga, the homebuilder has a contract to buy and develop 70 acres just down the road from the original site. It's one of two new subdivisions the homebuilder plans to launch in Osceola County by the second...

  • Floriday plans 95-lot subdivision across from Poitras on Boggy Creek Road

    Floriday plans 95-lot subdivision across from Poitras on Boggy Creek Road

    Floriday Properties, a land development division of June Engineering Consultants, is seeking approvals for a 95-lot subdivision on Boggy Creek Road west of Narcoossee Road. Company president Randy June has contracts to buy five single-family homes to create the 19-acre assemblage just south of...

  • Osceola and ICAMR passed over for $70 million federal grant

    Osceola and ICAMR passed over for $70 million federal grant

    Osceola County and its new high-tech research park were passed over in December for a $70 million federal grant, but could be eligible if Congress and the Trump administration approve funding for a second round of grant awards this year.  The county and International Consortium for Advanced Manufacturing...

  • Daryl Carter and John Reich team up for major St. Cloud land buy

    Daryl Carter and John Reich team up for major St. Cloud land buy

    An investment group led by Daryl M. Carter and John Reich paid $1.9 million on Thursday for 28 acres in the Osceola Industrial Park, near the intersection of U.S. 192 and Narcoossee Road.   As CEO of Maury L. Carter & Associates, Carter led an investment group that bought 236 acres last year on...

  • CFX selects four engineering firms for Osceola toll road studies

    CFX selects four engineering firms for Osceola toll road studies

    The Central Florida Expressway Authority board voted Thursday to hire four separate engineering firms to evaluate potential new toll road routes in Osceola County. CFX approved a three-way interlocal agreement with Osceola County and the Osceola County Expressway Authority in September to take...

  • Froggers to open fifth location in Old Town Kissimmee

    Froggers to open fifth location in Old Town Kissimmee

    Froggers Grill & Bar will open its fifth location at Kissimmee's Old Town, leasing the vacant 7,000-square-foot space at the northwest corner of the complex, formerly occupied by Kool Katz. "It's a local sports bar concept," Old Town General Manager Thearon Scurlock told GrowthSpotter on Tuesday....

  • St. Cloud Council to consider annexation for new senior apartments

    St. Cloud Council to consider annexation for new senior apartments

    The St. Cloud City Council is scheduled to vote Thursday on a voluntary annexation request from the developer of a new 36-unit apartment complex for seniors.  The project won unanimous support from the city's Planning Commission in December. Owner/developer Jose Quezada is seeking high-density...

  • New luxury apartments planned on site of former abandoned E192 hotel school

    New luxury apartments planned on site of former abandoned E192 hotel school

    The former site of one of Osceola County's most blighted, abandoned buildings could soon be home to a new luxury apartment complex. Harris Civil Engineers has filed a preliminary site plan for a 420-unit apartment complex at the FL Turnpike - E192 interchange on behalf of the owner, an affiliate...

  • Meritage Homes to expand Osceola offerings with lot takedown in Harmony

    Meritage Homes to expand Osceola offerings with lot takedown in Harmony

    Eco-friendly homebuilder Meritage Homes paid $3.35 million on Dec. 30 for a 67-lot takedown in Harmony, a master-planned golf community east of St. Cloud. The acquisition is part of a strategy by Meritage to expand its footprint in Osceola County, Marketing Manager Polly Heard told GrowthSpotter. ...

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  • Congressman Soto leases historic downtown Kissimmee building for district office

    Congressman Soto leases historic downtown Kissimmee building for district office

    Newly sworn-in Rep. Darren Soto, D-Kissimmee, will be opening his flaship district office in the historic Carson Bryan House in downtown Kissimmee, next to the Osceola County Courthouse. Soto won the open seat vacated by Alan Grayson by defeating Republican Wayne Liebnitzky to become the first...

  • Kissimmee congregation files construction plans for new church building

    Kissimmee congregation files construction plans for new church building

    The Kissimmee Church of God has filed construction plans for a new 22,000-square-foot church building that will allow the congregation to grow and expand its ministries. Pastor Jean Denis told GrowthSpotter on Tuesday the current building at 1320 W. Bryan St. can accommodate a max of about 400...

  • Hotel on Kissimmee's W192 tourist corridor sells for $4.3M

    Hotel on Kissimmee's W192 tourist corridor sells for $4.3M

    The list of hotel sales on Kissimmee's tourism corridor continues to grow with the recent sale of the Comfort Inn on W192 for $4.3 million. The 4-story, interior corridor hotel sits on 1.4 acres at 5196 W. Irlo Bronson Memorial Hwy. Built in 2000, it has 63 rooms and previously operated as a Best...

  • Starwood planning next phase of Harmony West expansion

    Starwood planning next phase of Harmony West expansion

    Starwood Land has filed a preliminary subdivision plan (PSP) for another 962 residential units in Harmony West, an 11,000-acre master-planned community in Osceola County. The filing by VHB represents the second phase of the community's western expansion. Starwood has already begun prepping Phase...

  • Longtime Colliers broker closes $18.2M apartment sale before retiring

    Longtime Colliers broker closes $18.2M apartment sale before retiring

    After three years of "slowly unwinding my practice" John Stone can now concentrate full time on his golf swing. Stone, principal and managing director of multifamily investment sales for Colliers International Tampa Bay, closed the final transaction of his 40-year career earlier this month with...

  • Grocery store REIT buys its second Publix-anchored asset in St. Cloud

    Grocery store REIT buys its second Publix-anchored asset in St. Cloud

    A Cincinnati-based grocery store REIT paid $14.6 million on Dec. 19 for its second Publix-anchored shopping center in St. Cloud. The Phillips Edison & Company affiliate bought the 10-acre parcel at the corner of 13th Street (U.S.192) and Old Canoe Creek Road. The 75,000-square-foot plaza was built...

  • GrowthSpotter Stories of the Year: Osceola County

    GrowthSpotter Stories of the Year: Osceola County

    This has been a historic year for Osceola County as the tourism corridor begins to reach critical mass and the Florida Tech Farm takes shape. Three mega-developments along W192 promise to transform the corridor in the coming years. Encore Capital broke ground early this year on the 330-acre Margaritaville...

  • St. Cloud annexes site for 100-unit luxury duplex development

    St. Cloud annexes site for 100-unit luxury duplex development

    The St. Cloud City Council approved earlier this month an annexation and rezoning of a 19-acre parcel slated for 50 high-end duplexes.  Gentry Land Company's Oaktree Pointe Villas was approved on Dec. 8, despite objections from some residents and a few council members that it wasn't appropriate...

  • FDOT looks to widen S.R. 535 and make it safer in south Orange, Osceola

    FDOT looks to widen S.R. 535 and make it safer in south Orange, Osceola

    The Florida Department of Transportation is in the early stages of a traffic study to reduce congestion and make safety improvements on S.R. 535 from Interstate 4 to U.S. 192 in Kissimmee. "It is a really, really congested corridor, as you know because you drive it," engineer Travis Hills told...

  • Restaurant Depot looking to build 60,000-SF warehouse store in Poinciana

    Restaurant Depot looking to build 60,000-SF warehouse store in Poinciana

    Members-only wholesaler Restaurant Depot is eyeing a location in Osceola County for its second Orlando-market warehouse store. The College Point, New York-based company currently operates an Orlando store at 3451 W. Princeton St., and now has a contract to buy 12.8 acres on S. Poinciana Boulevard south...

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  • Bellavista planning new vacation townhouse resort in Kissimmee

    Bellavista planning new vacation townhouse resort in Kissimmee

    Bellavista Building Group is planning a 50-unit vacation home townhouse resort in Kissimmee at 333 S. Poinciana Blvd. Bellavista President Aldo Martin told GrowthSpotter he partnered with Alamo Homes Group and RBZ International Corp. to form ARB Land Development LLC, which closed on the 9-acre...

  • New owners working to renovate, reopen W192's Toscana Suites as branded hotels

    New owners working to renovate, reopen W192's Toscana Suites as branded hotels

    After sitting vacant for years, the Toscana Suites is the kind of property most investors run away from -- the very definition of blight on Kissimmee's W192 tourist corridor. It was virtually gutted, overgrown and filled with trash, a haven for squatters, and was on the verge of racking up $1,500...

  • Osceola's BK Ranch preps for mid-2017 construction with new developer

    Osceola's BK Ranch preps for mid-2017 construction with new developer

    Entitlement specialist IBI Group will file permits this month to establish a mixed-use district on the 961-acre BK Ranch in Osceola's Four Corners community. IBI's Richard Wohlfarth last week filed an application with the South Florida Water Management District for mass grading of the project,...

  • Osceola selects Skanska & Tennessee firm to build Tech Farm's first office building

    Osceola selects Skanska & Tennessee firm to build Tech Farm's first office building

    Tennessee-based Century HealthRealty and  Skanska USA will be recommended on Monday as the development team to build the first office building in Osceola County's Tech Farm research park. The firm beat out three other proposals for the county contract, which includes 2 acres of free land adjacent...

  • 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...

  • St. Cloud establishing downtown historic district with new tax incentives

    St. Cloud establishing downtown historic district with new tax incentives

    The St. Cloud City Council approved an ordinance establishing a Downtown Historic District on Thursday, putting policies in place that will add a layer of regulation and design standards for property owners in the district. The ordinance also creates financial incentives -- including tax abatement --...

  • Summit Construction files plans for two new Osceola charter schools

    Summit Construction files plans for two new Osceola charter schools

    Charter school specialist Summit Construction Management Group filed construction plans late last week for two new charter schools on opposite ends of Osceola County. The first, Boggy Creek Charter School, is located at 3200 Tindall Acres Road. Plans filed with the South Florida Water Management...

  • 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...

  • Veterinarians buy building on Kissimmee Tech Corridor for new animal hospital

    Veterinarians buy building on Kissimmee Tech Corridor for new animal hospital

    A pair of Orlando veterinarians have purchased a 15,000-square-foot Class B office building on Kissimmee's E192 tech corridor and plan to open a new clinic there. SGB Properties LLC, which is composed of DVMs Anuradha Nallapaneni and Yugendar R. Bommineni, paid $900,000 in late October for the...

  • Osceola officials to visit middle school sites before buying architectural plans

    Osceola officials to visit middle school sites before buying architectural plans

    Osceola County school officials will schedule trips to Orlando and Palm Springs in January to visit the top four middle school sites among dozens of prototype designs that were submitted this month for reuse. The district has had a successful history with Schenkel Shultz, which has designed middle...

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  • AV Homes seeks to add more commercial in Poinciana area

    AV Homes seeks to add more commercial in Poinciana area

    AV Homes is seeking to add more commercial uses along the Bellalago corridor of Pleasant Hill Road in Poinciana. The homebuilder has applied for a PD amendment to its Isles of Bellalago development, formerly known as Bellalago West. The 588-home community across from AV Homes' original Bellalago stretches...

  • 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...

  • CFX shortlists 6 top engineering firms for Osceola toll road studies

    CFX shortlists 6 top engineering firms for Osceola toll road studies

    Kimley-Horn leads the group of six engineering firms invited to submit technical proposals to the Central Florida Expressway Authority to conduct feasibility studies on four future toll roads in Osceola County. CFX approved a 3-way interlocal agreement with Osceola County and the Osceola County...

  • 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...

  • South Carolina company expanding self storage business with Poinciana site

    South Carolina company expanding self storage business with Poinciana site

    Johnson Development Associates is entering the Orlando market with its first self-storage facility on Cypress Parkway in Poinciana. The Spartanburg, South Carolina-based company paid $1 million to AV Homes for nearly six acres at the intersection of Cypress and Country Club Drive. The acquisition,...

  • 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...

  • Encore adding density, smaller lots in Reunion West

    Encore adding density, smaller lots in Reunion West

    As Encore Capital Management gears up to launch the second phase of its Encore Club at Reunion Resort, the developer is tweaking the site plan to squeeze in a few more lots. Encore launched the 250-acre subdivision in the northwest quadrant of the I-4 - Western Beltway (429) interchange in 2015....

  • 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...

  • St. Cloud charter school files plans for new K-5 building set to open Fall 2017

    St. Cloud charter school files plans for new K-5 building set to open Fall 2017

    St. Cloud Preparatory Academy has selected a contractor and filed building plans for a new 22,250-square-foot elementary school building, with plans to open in Fall 2017. The Stevens Plantation charter school was sold over the summer for $10.3 million to Oregon-based Charter School Capital, which...

  • ChampionsGate office building sells for $7.3M to Tampa family turning a 1031

    ChampionsGate office building sells for $7.3M to Tampa family turning a 1031

    A Tampa family investment group paid $7.275 million on Oct. 31 to buy a three-story, Class A office building in ChampionsGate. John Navratil told GrowthSpotter his family began investing in real estate in 2000 when they bought the first of several mobile home parks. Earlier this year, an investor...

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