Osceola County Developments

  • Tavistock plan calls for fewer homes, more jobs on Osceola side of Sunbridge

    Tavistock plan calls for fewer homes, more jobs on Osceola side of Sunbridge

    Tavistock Development Company has filed a concept plan revealing new details about the first development phase of its massive Sunbridge community in Osceola County. The first major takeaway from the revised Master Plan is a significant reduction in the number of homes proposed in the early phases....

  • Osceola negotiating with Salamander Hotels for expansion of Reunion Grande

    Osceola negotiating with Salamander Hotels for expansion of Reunion Grande

    Oscoela County officials are in preliminary discussions with Reunion Resort management for a conference hotel expansion and luxury spa valued at more than $100 million at the Four Corners golf resort. "For Salamander, we focus on luxury, and that means minimum four-star," said Prem Devadas, president...

  • 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...

More News

  • 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...

  • 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...

More News

  • 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...

  • 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 tjat 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...

More News

  • 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...

  • 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...

More News

  • 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)...

  • 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...

More News

  • 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. ...

  • 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...

More News

  • 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...

  • 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...

More News

  • 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...

  • 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...

More News

  • 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...

  • 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...

  • Hanover Capital Partners closes on Alligator Lake property for $7.75M

    Hanover Capital Partners closes on Alligator Lake property for $7.75M

    Orlando-based Hanover Capital Partners paid $7.75 million last week to acquire the bulk of land for its planned St. Cloud-area boating community, Hanover Lakes. Hanover has had the land under contract from seller Henry C. Yates since beginning the permitting process two years ago. The 178-acre...

  • Osceola Schools seeking architect for middle school prototype design

    Osceola Schools seeking architect for middle school prototype design

    With a growing student population and multiple new middle school projects in the works, Osceola County Schools is in the market for a prototype design that can be replicated across the county. The district posted a Request for Information (RFI) on Friday seeking architecture firms to supply plans...

  • St. Cloud OKs land sale for downtown parking garage and mixed-use tower

    St. Cloud OKs land sale for downtown parking garage and mixed-use tower

    The St. Cloud City Council voted Thursday night to sell a vacant lot near City Hall to ADMC Design, in exchange for the firm's promise to build a 10-15 story mixed-use tower with an attached parking garage.  The international construction company, founded by Albanian-born Albert Leka, has invested...

  • AV Homes continues Phase 5 expansion at Solivita in Polk County

    AV Homes continues Phase 5 expansion at Solivita in Polk County

    Less than a year after AV Homes launched Phase 5 at Solivita, the developer has filed preliminary plans for another 165 lots in the active adult community.  In February, the homebuilder submitted engineering plans to the South Florida Water Management District for a 209-acre parcel in the southwest...

  • 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...

  • St. Cloud City Council to vote on land sale for new downtown parking deck

    St. Cloud City Council to vote on land sale for new downtown parking deck

    The City of St. Cloud could be prepared to give away a vacant downtown lot to the new owner of the St. Cloud Hotel if he agrees to build a parking deck on the property. Thursday's City Council agenda includes a resolution declaring the .6-acre lot surplus and selling it to ADMC Design LLC in exchange...

More News

  • 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...

  • Orlando developer planning 645-lot subdivision in St. Cloud

    Orlando developer planning 645-lot subdivision in St. Cloud

    Orlando developer Bill Canty received preliminary subdivision approval this week from Osceola County for a 645-lot subdivision straddling Jones Road in the county's Narcoossee area. Canty's WCFM Nona LLC is under contract to buy the two parcels, which total 163.5 acres. The site borders another...

  • 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...

  • Developers target Osceola for more affordable housing tax credit projects

    Developers target Osceola for more affordable housing tax credit projects

    Osceola County planners are reviewing a flurry of prospective affordable housing projects this month as developers rush to submit tax credit applications in time for the Florida Housing Finance Corporation's Nov. 17 deadline. Titan Land Company President Domingo Sanchez had five potential sites...

  • Osceola Commissioners approve new E192 development standards

    Osceola Commissioners approve new E192 development standards

    Osceola County Commissioners on Monday unanimously approved new development guidelines for the E192 CRA district so they can go into effect before a six-month building moratorium expires at the end of the month. "We're excited about the potential of the new plan," said Larry Walter, principal of...

  • Adventist Health to build $20M skilled nursing and rehab center in Celebration

    Adventist Health to build $20M skilled nursing and rehab center in Celebration

    Adventist Health System (AHS), parent company of Florida Hospital, has filed engineering plans for a 120-bed skilled nursing facility on Celebration Boulevard, about halfway between W192 and World Drive. Michelle Givens, president of the non-profit company's nursing home division, Adventist Care...

  • 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...

  • K. Hovnanian to start building in St. Cloud's Narcoossee corridor

    K. Hovnanian to start building in St. Cloud's Narcoossee corridor

    Luxury homebuilder K. Hovnanian has purchased 40 lots in St. Cloud's Preserve at Turtle Creek subdivision on Narcoossee Road. Originally developed by new urbanism specialist Tramell Webb and D.R. Horton, Turtle Creek offers residents a community boat dock on Lake Runnymede, which provides access...

  • Investor pays $1M for 11 vacation rental units behind Osceola Heritage Park

    Investor pays $1M for 11 vacation rental units behind Osceola Heritage Park

    A Virginia real estate investor has paid $1 million for an 11-unit vacation rental community that backs up to Kissimmee's Osceola Heritage Park. Located at 1888 Fortune Road, the complex consists of two three-bedroom/two-bath units and nine five-bedroom/three-bath units. Built in 2001, each rental...

  • CFX to strike deal with Turnpike for 408 extension, seek LOIs for Osceola studies

    CFX to strike deal with Turnpike for 408 extension, seek LOIs for Osceola studies

    The Central Florida Expressway Authority is expected to invite the state to take over the proposed S.R. 408 extension along Colonial Drive through East Orange County. Orange County Mayor Teresa Jacobs has requested a discussion of the toll road extension at Thursday's board meeting. CFX is nearing...

69°