Osceola County Developments

  • Margaritaville applies for 'iconic' 50-foot tall entertainment signs on W192

    Margaritaville applies for 'iconic' 50-foot tall entertainment signs on W192

    Encore Capital Management is seeking approval for a pair of 50-foot-tall entertainment signs at two key entrances to Margaritaville Resort and the adjacent shopping center. "Iconic" and "eye-catching" was how Margaritaville Development Manager Jim Bagley described them on Thursday. He said Encore...

  • Lennar to add new section to Storey Lake on Westgate parcel

    Lennar to add new section to Storey Lake on Westgate parcel

    Lennar won approval Wednesday from Osceola County for a 95-acre expansion of its booming Storey Lake Resort in Kissimmee. Storey Lake, located at the intersection of Osceola Parkway and Vineland Road (S.R. 535), is approved for approximately 2,000 homes. The community offers condos, townhomes,...

  • Dunkin Donuts-anchored Kissimmee retail strip on W192 sells for $2.45M

    Dunkin Donuts-anchored Kissimmee retail strip on W192 sells for $2.45M

    Port Orange-based real estate investor and hotelier B.P. Sodhi has sold a 17,000-square-foot retail strip on Kissimmee's W192 tourism corridor for $2.45M. Sodhi, president of Eagles Hospitality, owns several hotels and retail centers in the Orlando and Daytona Beach markets. He bought the Dunkin'...

  • Magic Development buys another 364 acres on W192 to expand luxury resort plans

    Magic Development buys another 364 acres on W192 to expand luxury resort plans

    Magic Development has just closed a deal that elevates the Orlando-based firm to the forefront of companies that are reshaping Kissimmee's W192 tourism corridor. Company executives have been hinting for months that they were working on something big. On Friday, they made good on that promise, paying...

  • AD1 pays $13M for second hotel in Kissimmee tourism corridor

    AD1 pays $13M for second hotel in Kissimmee tourism corridor

    Hollywood-based hotel owner-operator AD1 Global paid a recorded $12.9 million on Thursday for the 224-key Quality Suites Royale Parc Suites in Kissimmee, and will consider a flag change before making immediate PIP investments, a lead executive with the company told GrowthSpotter.  "We already have...

More News

  • Motorsports park planned on W192 faces neighbor scrutiny over noise variance

    Motorsports park planned on W192 faces neighbor scrutiny over noise variance

    CLC Encantada Resort plans to hire its own sound engineer to conduct an independent noise study of the proposed Orlando Motorsports Park in an effort to quash the developer's proposed Noise Variance, the resort's attorney said on Tuesday. "We've got a lot of concerns about this and whether it's...

  • Investors Realty plans $50M Class A apartment complex on NeoCity lakefront

    Investors Realty plans $50M Class A apartment complex on NeoCity lakefront

    The same development team that recently completed The Gate apartments at ChampionsGate could be the first to capitalize on Osceola County's massive NeoCity mixed-use district. Investors Realty Chairman John Marling is seeking Tourist Commercial zoning for a 16-acre parcel on Vine Street/E-192 that...

  • Veigle Properties pursues rezoning of land near Poinciana SunRail station

    Veigle Properties pursues rezoning of land near Poinciana SunRail station

    Winter Park real estate investors Jim and Charles Veigle are seeking to rezone a 120-acre parcel across from Poinciana High School for up to 720 residential units. The brothers have owned the land since 1994 and previously used it as a borrow pit, which left the site with 50 acres of lakes, Jim...

  • AV Homes prepping for new subdivision at entrance to Poinciana Parkway

    AV Homes prepping for new subdivision at entrance to Poinciana Parkway

    AV Homes has filed preliminary plans to build a 406-lot subdivision at the Marigold Avenue entrance to Poinciana Parkway. Anthony Iorio, vice president of development for AV Homes, met last week with Osceola County's Development Review Committee to discuss some staff concerns over the proposed...

  • Lennar's Storey Lake Resort targeted for dining & retail project

    Lennar's Storey Lake Resort targeted for dining & retail project

    Trycon Associates has an LOI on the 9-acre commercial tract at the entrance to Lennar Homes' fast-growing Storey Lake resort community, and wants to add a pair of restaurants and 22,800 square feet of commercial space. But first, the Deland-based developer needs to clear up a few issues with signage...

  • Land next to proposed motorsports park on W192 to be sold at auction

    Land next to proposed motorsports park on W192 to be sold at auction

    A vacant 40-acre parcel that's adjacent to the proposed $100 million Orlando Motorsports Park (OMP) will be sold at auction on Sept. 7. The Four Corners site is southwest of the W192 - S.R. 429 interchange, and only minutes from Disney's Animal Kingdom and Margaritaville Resort.  So why hasn't...

  • W192 board considering tax abatements to lure 4-star hotels to tourism corridor

    W192 board considering tax abatements to lure 4-star hotels to tourism corridor

    Osceola County's W192 Development Authority is considering a tax abatement program as an incentive to lure high-end hotels to Kissimmee's tourism corridor. Executive Director David Buchheit floated the idea at the authority's board meeting Thursday, and told GrowthSpotter he got the idea earlier...

  • Owner wants to reboot condo project next to Bahama Bay with townhomes

    Owner wants to reboot condo project next to Bahama Bay with townhomes

    The owner of a partially built condo community next to Davenport's Bahama Bay Resort wants to reboot the community by switching from condos to townhomes. ICM Development Group founder Carlos Balzola acquired the 24-acre parcel in the Westside Planned Development (PD) in 2012, and brought in additional...

  • Valencia College seeks CMAR for new building on Osceola campus

    Valencia College seeks CMAR for new building on Osceola campus

    Valencia College wants to hire a Construction Manager at Risk (CMAR) to help build the new Center for Accelerated Training (CAT) building on its Osceola campus, according to Request for Qualifications (RFQ) issued on Friday. The new CAT building will be located on the northeastern side of the campus...

  • Two Kissimmee apartment complexes sell for combined $90M

    Two Kissimmee apartment complexes sell for combined $90M

    A pair of Kissimmee apartment communities both located just off John Young Parkway changed hands last week to different buyer groups for nearly $90 million. Virginia-based Chandler Management Corp. paid $49.5 million on Aug. 8 for the Lake Tivoli Apartments. The 384-unit complex was developed in...

More News

  • Hearing on Osceola motorsports park noise variance slated for September

    Hearing on Osceola motorsports park noise variance slated for September

    The noise variance being sought by the developer of Orlando Motorsports Park (OMP) would allow for noises from the auto-racing attraction to reach as high as 90 decibels. That's comparable to the sound of a pneumatic drill from 50 feet away or a commercial grain dryer, according to sound specialists...

  • Grocery-anchored retail plaza in St. Cloud sold for second time in two years

    Grocery-anchored retail plaza in St. Cloud sold for second time in two years

    Kissimmee-based Schoolfield Properties sold the WinnDixie-anchored St. Cloud Plaza last week for $6.4 million, but has retained outparcels and is close to expanding its land holdings in the immediate area.  The sale closed less than two years after Schoolfield purchased the 58,000-square-foot shopping...

  • Developers cry foul over St. Cloud utility agreement demands

    Developers cry foul over St. Cloud utility agreement demands

    A handful of Osceola County developers are pushing back against the city of St. Cloud for what they say are unreasonable demands from the city's utility department that are driving up the cost of new home construction. At issue is a growing list of conditions the city's utility department is placing...

  • Osceola hires Perkins+Will to design NeoCity entrance and streetscape

    Osceola hires Perkins+Will to design NeoCity entrance and streetscape

    Osceola County Commissioners were so impressed with the design sketches from Perkins+Will in the NeoCity master plan they've hired the firm to design main entrances and streetscape for the tech campus. The Austin-based firm presented the Master Plan (MP) for the 500-acre tech campus, including...

  • Construction to start this month on $1.7B Magic Place on Kissimmee's W192 corridor

    Construction to start this month on $1.7B Magic Place on Kissimmee's W192 corridor

    Magic Development received its construction permit Tuesday for the first phase of its $1.7 billion Magic Place by Pininfarina resort, and will start clearing the site within three weeks, executives told GrowthSpotter. Magic CEO Rodrigo Cunha said the mass grading and roadway construction should...

  • Osceola staff picks SchenkelShultz to design first NeoCity office building

    Osceola staff picks SchenkelShultz to design first NeoCity office building

    SchenkelShultz leveraged its prior work and knowledge of the NeoCity project to earn the nod on Monday -- for a second time -- to design the first office building at the campus. The architecture firm had already spent four months in preliminary design work for the 100,000-square-foot building when...

  • Disney closing in on new buyer for Celebration Island Village

    Disney closing in on new buyer for Celebration Island Village

    The Celebration Company (TCC) has a buyer lined up for Island Village, the fifth and final residential village in Disney's master-planned community. The Disney subsidiary began actively marketing the 340-acre site with CBRE in Fall 2016. Located south of the World Drive interchange, Island Village...

  • Margaritaville Resort breaks ground on $90M Kissimmee hotel

    Margaritaville Resort breaks ground on $90M Kissimmee hotel

    Margaritaville officials raised a glass Thursday morning with tourism representatives from the Orlando region as they officially broke ground on the new 187-room Kissimmee hotel. The new hotel is the centerpiece of the company's $750 million resort that has been called a game-changer for Osceola...

  • Owner of Kissimmee shopping center near SunRail plans 43k SF expansion

    Owner of Kissimmee shopping center near SunRail plans 43k SF expansion

    The owner of a distressed shopping center next to the new Tupperware SunRail station in Kissimmee has filed plans for a two-phased retail expansion that would add 43,000 square feet of leasable space. Louisiana-based PMAT purchased the Gateway Station shopping center just off the Osceola Parkway...

  • Tampa developer planning new office park in Kissimmee's Loop submarket

    Tampa developer planning new office park in Kissimmee's Loop submarket

    Tampa-based Waterford Construction & Development has begun permitting for one of its signature office parks on an 8.7-acre parcel in Kissimmee's Loop submarket. "We’ve done about 50 of these in Hillsborough, Pasco, Orange, Osceola and Seminole counties," Waterford President John Westfall said....

More News

  • IBI Group seeking new permits for 3,000-home BK Ranch project

    IBI Group seeking new permits for 3,000-home BK Ranch project

    Entitlement specialist IBI Group is rebooting the 948-acre BK Ranch mixed-use project south of Kissimmee with a new round of permit applications. The firm had been seeking a Comprehensive Plan Amendment in 2015 for a Mixed-Use district. At the time the property had a developer on board, GreenPointe...

  • Elevation Development eyeing Osceola site for latest residential project

    Elevation Development eyeing Osceola site for latest residential project

    Orlando-based Elevation Development is eyeing 120 acres west of Lake Tohopekaliga in Osceola County for its latest residential development. Elevation Principal Shaman Foradi met earlier this week with county planners to discuss issues related to access and zoning for the property, which is currently...

  • Hunter's Creek church adding Kissimmee campus, pays $3.2M for land

    Hunter's Creek church adding Kissimmee campus, pays $3.2M for land

    A growing church in Hunter's Creek paid $3.2 million this week to buy 11.6 acres for its second campus in Kissimmee.  Wade Mumm, lead pastor of Greeneway Church, told GrowthSpotter the church acted fast to secure the prime site at the corner of John Young Parkway and Centerview Drive even before...

  • City of Kissimmee pays $9.2M for park land & downtown office site

    City of Kissimmee pays $9.2M for park land & downtown office site

    Kissimmee City Commissioners this week approved two major property acquisitions totaling more than $9 million, including nearly 20 acres downtown in the city's Medical Arts District. Craig Holland, the city's development services director, said Kissimmee has been pursuing Osceola County's Beaumont...

  • Osceola DRC approves Tavistock's Sunbridge Phase 1 concept plan

    Osceola DRC approves Tavistock's Sunbridge Phase 1 concept plan

    Osceola County's Development Review Committee approved a revised Concept Plan by Tavistock Development Company on Wednesday morning for a 2,700-acre first phase of Sunbridge. The new plan incorporates some changes from the developer's original plan that were requested by county staff. Tavistock...

  • Architects to interview for chance to design first NeoCity office building

    Architects to interview for chance to design first NeoCity office building

    Three architecture firms will have a chance on July 31 to convince Osceola County officials they have the creative vision to design an office building at NeoCity that will help attract global business leaders to the emerging tech district. Located next door to the Florida Advanced Manufacturing...

  • Kissimmee's Int'l Promenade strip center sold to California investor for $5.6M

    Kissimmee's Int'l Promenade strip center sold to California investor for $5.6M

    A Southern California businessman paid $5.6 million last week for the International Promenade shopping center in Kissimmee's tourism corridor. Habib Jaboro told GrowthSpotter on Tuesday this is his family's first investment in Florida. Jaboro, who has been in the grocery and liquor store business,...

  • Atlanta firm prepping industrial park near Kissimmee Gateway Airport

    Atlanta firm prepping industrial park near Kissimmee Gateway Airport

    Atlanta-based Stein Investment Group is seeking a mass grading permit for a new industrial park near the Kissimmee Gateway Airport. The plan calls for a pair of 9-acre industrial lots straddling both sides of the future Hoagland Boulevard extension. Hoagland runs along the western boundary of the...

  • K. Hovnanian buys Phase 2 of subdivision on Osceola's Westside corridor

    K. Hovnanian buys Phase 2 of subdivision on Osceola's Westside corridor

    K. Hovnanian Homes added more land to its growing Central Florida portfolio last Friday.  The New Jersey-based homebuilder paid $4.9 million for Phase 2 of Magnolia at Westside, a 246-home subdivision in Four Corners near the intersection of Westside Boulevard and Florence Villa Grove Road. Division...

  • Turkish developer planning 150-acre resort in Kissimmee with horizontal hotel

    Turkish developer planning 150-acre resort in Kissimmee with horizontal hotel

    International real estate investment firm GAOK Invest wants to convert a Kissimmee petting farm near the new Poinciana SunRail station into a luxury resort. The company has hired planning firm Rj Whidden & Associates and applied with Osceola County to rezone 150 acres on Poinciana Boulevard to...

More News

  • Racing instructor has contract on land next to Margaritaville for motorsports park

    Racing instructor has contract on land next to Margaritaville for motorsports park

    A South Florida racing enthusiast has a purchase contract on one of the largest undeveloped parcels on Kissimmee's W192 tourism corridor, and plans to build a $100 million tourist attraction. Orlando Motorsports Park founder Andy Bardar first shared his vision with GrowthSpotter last September for...

  • D.R. Horton expands holdings in St. Cloud, buys Canopy Walk subdivision

    D.R. Horton expands holdings in St. Cloud, buys Canopy Walk subdivision

    Homebuilder D.R. Horton paid $9 million last week to add another St. Cloud residential project to its portfolio. Located just east of the U.S. 192 - Narcoossee Road intersection, Canopy Walk is approved for 193 lots in Phase 1. Boca Raton-based Home Dynamics had completed 119 lots when D.R. Horton...

  • Hanover Capital Partners launching new homebuilding division

    Hanover Capital Partners launching new homebuilding division

    With its litigation over Hanover Lakes in Osceola County now resolved, Hanover Capital Partners executives told GrowthSpotter the 543-home boating community will be a key component in the launch of the company's new homebuilding division: Hanover Family Builders. "We're happy to put it in the past...

  • Osceola County settles lawsuit with developer over Hanover Lakes project

    Osceola County settles lawsuit with developer over Hanover Lakes project

    Osceola County Commissioners this week unanimously approved a settlement with the developer of Hanover Lakes that allows the 543-home boating community on Alligator Lake to proceed without delay. The vote came Monday, less than two months after the principals of Hanover Capital Partners sued the...

  • NeoCity master plan reserves key waterfront sites for landmark tenants

    NeoCity master plan reserves key waterfront sites for landmark tenants

    Perkins+Will principal Stephen Coulston believes the master plan and phasing schedule for Osceola County's NeoCity was designed to build value over time, so it's important for the county to reserve key parcels for landmark buildings and tenants. Coulston presented the master plan to County Commissioners...

  • NeoCity development schedule

    NeoCity development schedule

    The NeoCity master plan projects that the district will develop from east to west. Consultants from Perkins+Will said the value of waterfront real estate on the east side will soar over time, and they recommend the county hold onto it for now.

  • K. Hovnanian buys more lots in St. Cloud's Narcoossee Road subdivision

    K. Hovnanian buys more lots in St. Cloud's Narcoossee Road subdivision

    Luxury homebuilder K. Hovnanian paid $3.86 million last week for its second major takedown of finished lots in the Preserve at Turtle Creek.  The New Jersey-based builder had previously acquired 40 lots from developer David Shapiro in the community's Phase 2. The recent acquisition comprises 68...

  • New subdivision planned on former St. Cloud Airfield property

    New subdivision planned on former St. Cloud Airfield property

    The City of St. Cloud has annexed a former private airfield and approved a PUD zoning for a 355-home subdivision there. Winter Garden developer Mark Maciel has filed a Preliminary Subdivision Plan for the 143-acre parcel on Michigan Avenue, just south of St. Cloud High School. The PSP goes to City...

  • Lennar under contract for 30 acres next to ChampionsGate Country Club

    Lennar under contract for 30 acres next to ChampionsGate Country Club

    Lennar Homes has a purchase contract for 30 acres in the Four Corners area that would give its next phase of ChampionsGate Country Club direct access to the future Westside Boulevard extension. The contract, signed in early May, was filed with the South Florida Water Management District this week...

  • Park Square Homes changing course on Veranda Palms resort development

    Park Square Homes changing course on Veranda Palms resort development

    Following through with a strategic phaseout of its vacation home business, Park Square Homes is looking to split off the undeveloped phases in its Veranda Palms resort in Osceola County, and launch them as a primary residential neighborhood. Park Square won approval in 2013 for the Short Term Rental...

More News

  • NeoCity research park master plan

    NeoCity research park master plan

    Perkins+Will has completed an 18-month planning process to develop a master plan that regulates design, administration and uses in the 500 acre NeoCity research park.

  • Perkins+Will to present NeoCity master plan to Osceola commissioners

    Perkins+Will to present NeoCity master plan to Osceola commissioners

    After 18 months and study and refinement, Perkins+Will  is set to present the NeoCity master plan to Osceola County Commissioners on July 10.  The 186-page document presents a vision for the nearly 500-acre technology district that is full of color, economic vitality and public activity. It sets...

  • Morningstar plans 100,000 SF self-storage facility near Tupperware campus

    Morningstar plans 100,000 SF self-storage facility near Tupperware campus

    Morningstar Properties paid $1.5 million this week for a new self-storage site in Osceola County's The Loop submarket. Morningstar is a vertically integrated developer and manager of self-storage facilities, operating under its own brand: Morningstar Storage. Currently the company manages a network...

  • St. Cloud envisions revitalized downtown and lakefront with master plan update

    St. Cloud envisions revitalized downtown and lakefront with master plan update

    St. Cloud leaders want to catch a bit of the magic that has brought about a downtown resurgence in places like Sanford and Winter Garden, hiring the GAI Consultants team that helped spark a revitalization of those communities and are now well into a city-wide master planning process they're calling...

  • St. Cloud Regional Medical Center planning Emergency Department expansion

    St. Cloud Regional Medical Center planning Emergency Department expansion

    St. Cloud Regional Medical Center is now the third major hospital in Osceola County to embark on a major expansion this year. The hospital filed a Site Development Plan (SDP) with the city of St. Cloud and went before the Development Review Committee last week for a plan to expand and renovate...

  • D.R. Horton buys proposed 95-lot subdivision on Boggy Creek Road

    D.R. Horton buys proposed 95-lot subdivision on Boggy Creek Road

    Homebuilder D.R. Horton paid $2.7 million last week for a 19-acre assemblage on Boggy Creek Road just south of the Orange County line. GrowthSpotter reported in January that Floriday Properties had contracts to buy the 5 parcels, which lie just south of the Orlando International Airport's Poitras...

  • Orlando-area medical offices sold as part of $2.75B Duke Realty - HTA deal

    Orlando-area medical offices sold as part of $2.75B Duke Realty - HTA deal

    A trio of medical office buildings across Orange and Osceola counties sold in recent days for a combined $94 million as part of Healthcare Trust of America's acquisition of the entire Duke Realty MOB portfolio. The Arizona-based, publicly-traded REIT announced the $2.75 billion deal in early May....

  • Nuvo Development building Art Deco-inspired self storage in Celebration

    Nuvo Development building Art Deco-inspired self storage in Celebration

    Winter Park's Nuvo Development is about to pull permits on what may be the loveliest self-storage facility in all of Central Florida. The company paid nearly $2.6 million last week for a 1.7-acre commercial lot on Celebration Boulevard, near the World Drive interchange. The company is partnering...

  • Minn.-based developer planning more retail & restaurants in Calypso Cay

    Minn.-based developer planning more retail & restaurants in Calypso Cay

    Minnesota-based Ryan Companies is under contract to buy a 7.4-acre vacant lot in the Calypso Cay resort area and plans a mix of retail and restaurants there. Two executives with Ryan's Southeast regional office in Tampa met Wednesday with Osceola County's planning staff to discuss potential site...

  • Osceola ranks architecture & construction firms for NeoCity office bldg

    Osceola ranks architecture & construction firms for NeoCity office bldg

    SchenkelShultz and Skanska USA lead the shortlist for architect and construction manager at risk in the bidding to determine who will build the first office building in Osceola County's NeoCity research park.   The same two firms were part of the winning team last December when the county was seeking...

More News

  • Calypso Cay developer to add $10M self-storage facility in tourism corridor

    Calypso Cay developer to add $10M self-storage facility in tourism corridor

    Calypso Cay developer Steve Bradley has reacquired a vacant 2.2-acre parcel fronting on Vineland Road and plans to develop a $10 million self-storage facility there. Bradley is partnering with South Florida developer Stephen Hurowitz on the venture. The duo formed a limited liability company in...

  • Kettler projects $115M investment in Celebration, rapid FL expansion

    Kettler projects $115M investment in Celebration, rapid FL expansion

    Multifamily and mixed-use developer Kettler expects its planned luxury apartment community in Celebration to be the first of several deals in Central Florida as the company looks to gain a foothold in the Greater Orlando market, CEO Robert C. Kettler told GrowthSpotter.  "This development transaction...

  • Food halls latest trend in mixed-use developments, experts say

    Food halls latest trend in mixed-use developments, experts say

    As developers of high-end mixed-use buildings look for ways to offer unique dining options to their residents, many are now turning to food halls as a key element in their retail mix. "As we right-size retail now, chef-driven food halls work because people want to live locally," Bayer Properties...

  • Narcoossee land assemblage slated for live-work development

    Narcoossee land assemblage slated for live-work development

    The city of St. Cloud will consider an annexation request for 11.5 acres assembled on Narcoossee Road for a proposed live-work development. The case goes to the city's Planning Commission on June 20. The four parcels lie on the west side of Narcoossee, just across Rummell Road from Turtle Creek....

  • Local developer group seeks rezone for luxury senior condos in Kissimmee

    Local developer group seeks rezone for luxury senior condos in Kissimmee

    Orlando developer Tom Ginther is seeking a land use change and rezoning for 40 acres near Shingle Creek Regional Park for a luxury retirement development. "We're excited about it," Ginther told GrowthSpotter on Friday. "We think it's one of the most beautiful pieces of property in the city of Kissimmee."...

  • Two separate developers planning live-work spaces in Osceola County

    Two separate developers planning live-work spaces in Osceola County

    Two separate developers are in early-stage planning for combined live-work spaces on opposite ends of Osceola County. Broker Mark Allen with Commercial Real Estate Professionals met with county planning staff on Wednesday to discuss site plan issues for a three-parcel assemblage at the northeast...

  • Kissimmee land owner & broker courting hotel next to Osceola Heritage Park

    Kissimmee land owner & broker courting hotel next to Osceola Heritage Park

    A local real estate broker has been meeting with county officials to improve access issues for a 10-acre parcel on E192 in hopes of luring a hotel to the property. Watson Commercial Realty broker Rob Keeler represents the owners, Harry and Jeanette Hinkle, who purchased the vacant land through...

  • AV Homes wants to build townhomes by new Valencia College Poinciana campus

    AV Homes wants to build townhomes by new Valencia College Poinciana campus

    Developer AV Homes is planning to build 102 townhomes within walking distance of the new Valencia College Poinciana Campus, but the plan would require converting approved residential lots in its luxury, gated Bellalago neighborhood for multifamily use. The 10-acre site is just south of the college...

  • Law firm partner sells 22-acre St. Cloud lakefront estate for $4.25M

    Law firm partner sells 22-acre St. Cloud lakefront estate for $4.25M

    The founding partner of Bogin, Munns & Munns sold his St. Cloud estate on the Alligator Chain of Lakes for $4.25 million last week, making it one of the most valuable estate sales in Osceola County history, second only to a $6.3 million sale four years ago in Celebration.  Rainier and April Munns...

  • Lennar prepping for more condos in next phase of Storey Lake Resort

    Lennar prepping for more condos in next phase of Storey Lake Resort

    Lennar Homes has begun prepping its fourth phase at Kissimmee's Storey Lake resort community, which is now one of Osceola County's fastest-growing developments. Osceola County planning staff have already recommended approval for a Phase 4 Preliminary Subdivision Plan that calls for 297 condos to...

More News

  • Pulte to build next phase of townhomes in Lakeshore at Narcoossee

    Pulte to build next phase of townhomes in Lakeshore at Narcoossee

    Pulte Homes is moving forward with the second phase of its townhouse section at the popular Lakeshore at Narcoossee community in St. Cloud. The builder paid $5 million last week to buy the 9-acre parcel on Narcoossee Road, next to Narcoossee Elementary School.  The plat hasn't been recorded yet,...

  • Four Corners resorts drive Osceola's $882M+ in new construction last year

    Four Corners resorts drive Osceola's $882M+ in new construction last year

    New home construction along the Narcoossee corridor and in West Osceola helped fuel a projected 7.2 percent growth in property values countywide in 2016. "Sales are going up. Prices are going up. We have every indication that things are going to continue to increase in value," Osceola Property...

  • AV Homes close to sales launch for final phase of Solivita

    AV Homes close to sales launch for final phase of Solivita

    AV Homes opens sales this month for the fifth and final phase of its highly successful Solivita active adult community, and the homebuilder is prepping new home sites at an accelerated pace to keep up with demand. Bob Kanjian, director of sales for the Arizona-based developer, told GrowthSpotter...

  • Elevation Development sells hotel pad near W192 & Disney for $1.8M

    Elevation Development sells hotel pad near W192 & Disney for $1.8M

    Rosemont Hotels Inc. paid $1.78 million on May 25 for a 2-acre hotel pad minutes from Walt Disney World property. The parcel on Sherberth Road in Kissimmee's W192 tourism corridor was part of an 8-acre commercial project by Elevation Development dubbed Parkview Retail Center.  GrowthSpotter reported...

  • Second round of bids pour in for Osceola's NeoCity office building

    Second round of bids pour in for Osceola's NeoCity office building

    Osceola County will have its choice of nine local and national architecture firms to design the first office building at the NeoCity office park. SchenkelShultz architects were a part of the winning bid last December when the county was pursing a design-build contract with Skanska USA. The county...

  • New owner plans major renovation and rebranding of Motel 6 near Disney

    New owner plans major renovation and rebranding of Motel 6 near Disney

    The Motel 6 Kissimmee Maingate West will undergo a major renovation and be rebranded as a Rodeway Inn, a Choice Hotels economy brand, the buyer told GrowthSpotter on Friday. Delaware Hotel Group (DHG) bought the 147-room corporate-owned motel on Kissimmee's W192 tourism corridor on April 26 for...

  • Aldi to build second grocery store on Kissimmee's W192

    Aldi to build second grocery store on Kissimmee's W192

    Fast-growing German-owned grocer Aldi Food Market is planning a fifth Osceola County store and second on Kissimmee's W192 corridor. SunDev Properties principal Mohamed Diab told GrowthSpotter the grocer will break ground before the end of the year on a 19,000-square-foot store in the Cane Island...

  • Michigan investor adds W192 shopping center to Orlando-area portfolio

    Michigan investor adds W192 shopping center to Orlando-area portfolio

    A Michigan anesthesiologist and real estate investor is expanding his growing Orlando-area portfolio with the $4 million acquisition of a strip center on Kissimmee's W192 tourism corridor. Harbhajan Singh and his wife, Shanti, purchased the Celebration Plaza shopping center at 5455 W. Irlo Bronson...

  • Washington D.C.-based Kettler eyes Florida market entry in Celebration

    Washington D.C.-based Kettler eyes Florida market entry in Celebration

    A Washington, D.C.-area developer that specializes in multifamily mixed-use projects is eyeing its Florida market entry via Celebration. Kettler has filed a conceptual plan for an 18.4-acre commercial parcel on Celebration Boulevard, right next to Adventist Health Sytem's new $20 million skilled...

  • Kissimmee hires CSL to fast-track performing arts center study

    Kissimmee hires CSL to fast-track performing arts center study

    The Kissimmee City Commission last week hired a leading Minneapolis-based consulting firm to conduct a rapid market study and feasibility report for a future performing arts center at the Kissimmee Civic Center. Convention, Sports & Leisure International (CSL) is the same firm that worked with...

More News

  • More restaurants and apartments in the works for ChampionsGate

    More restaurants and apartments in the works for ChampionsGate

    The nation's largest Panera franchisee paid $1.3 million last week for one of the last undeveloped lots in ChampionsGate Village. Covelli Enterprises owns and operates 77 Panera Bread locations in Florida, including 32 in the Orlando area. The company acquired the lot next to Red Robin, which faces...

  • Osceola staff wants major changes to Tavistock Sunbridge plan

    Osceola staff wants major changes to Tavistock Sunbridge plan

    Osceola County's planning staff is pushing for a dramatic rewrite of the Phase 1 master plan for Tavistock Development Company's Sunbridge project. Entitlements consultant Richard Levey and other members of the Tavistock team had an hours-long meeting in April with the county's Development Review...

  • Homeless advocate buys Liberty Inn Motel on W192, embarks on full renovation

    Homeless advocate buys Liberty Inn Motel on W192, embarks on full renovation

    After more than two years of leasing the Liberty Inn Motel, homeless advocate George Valldejuli paid $1.45 million on Monday to buy the 40-year-old property. Valldejuli had been operating his nonprofit Home for the Homeless Foundation out of the 65-room motel, using it as transitional housing for...

  • George Chen interview

    George Chen interview

    Island Grove Winery owner George Chen offers a sneak peak during the Four Corners Bus Tour.

  • Four Corners Bus Tour highlights booming economy, challenges from rapid growth

    Four Corners Bus Tour highlights booming economy, challenges from rapid growth

    After taking a one-year hiatus, the Osceola Kissimmee Chamber's Four Corners Bus Tour led participants through a whirlwind of new developments on Wednesday in a rapidly growing submarket. "Today we're seeing things that we were only talking about two years ago on the last tour," Four Corners Area...

  • Tohoqua drone video May 2017

    Tohoqua drone video May 2017

    Horizontal construction is well underway on Phase 1 of Tohoqua in Osceola County. Model homes will be started before the end of the year.

  • Tohoqua to go vertical by the end of the year, STEM charter school added

    Tohoqua to go vertical by the end of the year, STEM charter school added

    Winter Park-based developer Bob Secrist has tweaked the Master Plan for his 785-acre Tohoqua project in Osceola County to capitalize on its proximity to NeoCity research park, envisioning a residential hub for high-tech workers.  "What sets us apart is the emphasis on education in this Master Plan,"...

  • Osceola razes W192 eyesore building after years of code violations

    Osceola razes W192 eyesore building after years of code violations

    Osceola County demolished an abandoned, former walk-in medical clinic on the W192 tourism corridor last week after dealing with years of code violations, and is considering what should come next for the property. The owners of the former clinic at 4721 W. Irlo Bronson Memorial Highway had racked...

  • Brazilian group prepping Four Corners site for large multifamily project

    Brazilian group prepping Four Corners site for large multifamily project

    A Brazilian investment group led by engineer Odilon Monterio has applied to rezone a 20-acre parcel on the Westside Boulevard corridor for a new multifamily development. Monteiro is a veteran civil engineer in Sao Paulo and a lead executive with real estate-focused engineering firms Pozam Engenharia...

  • Bridge Investment Group buys Class A/B office buildings on Celebration Blvd

    Bridge Investment Group buys Class A/B office buildings on Celebration Blvd

    Affiliates of Salt Lake City-based Bridge Investment Group paid $30.25 million this week for four office buildings -- including Disney corporate offices -- on Celebration Boulevard. Celebration Office Center comprises a pair of two-story buildings, each totaling 83,000 square feet, and sits on...

More News

  • Vacant W192 restaurant to be converted into culinary school & test kitchen

    Vacant W192 restaurant to be converted into culinary school & test kitchen

    The owner of a restaurant equipment supply company in New York plans to open a culinary school and test kitchen in Kissimmee this year, company executives told GrowthSpotter on Wednesday. W192 Development Authority Executive Director David Buchheit said he met Tuesday with owner Manuel Lebron and...

  • Upshot Capital has big plans for 28-acre site on E192 tech corridor

    Upshot Capital has big plans for 28-acre site on E192 tech corridor

    An Orlando real estate investment group is expected to close on the purchase of a 28-acre vacant commercial site on Kissimmee's E192 tech corridor in late June, and plans more than $55 million in mixed-use construction. Upshot Capital Advisors CEO Raul Socarras told GrowthSpotter he envisions a...

  • Royal Oak Homes buys Parkfield project in St. Cloud for $3.5M

    Royal Oak Homes buys Parkfield project in St. Cloud for $3.5M

    Tramell Webb Partners recently sold its interest in Parkfield, an approved 39-acre subdivision on Hickory Tree Road, to a division of Arizona-based AV Homes. Royal Oak Homes paid $3.48 million on April 19 for the 149-lot subdivision, according to a deed posted Monday in Osceola County.  Parkfield...

  • KB Home buys Phase 1 of 245-home subdivision on Westside Blvd corridor

    KB Home buys Phase 1 of 245-home subdivision on Westside Blvd corridor

    KB Home paid $3.2 million on Wednesday for Phase 1 of a 245-home approved subdivision on the Westside Boulevard corridor. Jim Reinert, vice president of land, told GrowthSpotter that KB will start horizontal construction immediately on the first 123 lots, and expects to open sales and start building...

  • Kissimmee shopping center at busy intersection sells for $5M

    Kissimmee shopping center at busy intersection sells for $5M

    An Orlando trucking business owner paid $5.075 million on Friday for 46,000 square feet of retail space at one of Kissimmee's busiest intersections. Vlado Ivetic, vice president of Ivetic Trucking, is the new owner of Pleasant Hill Center at the southwest corner of Pleasant Hill Road and John Young...

  • Osceola changes course on NeoCity office building, issues new RFPs

    Osceola changes course on NeoCity office building, issues new RFPs

    Osceola County Manager Don Fisher told GrowthSpotter on Wednesday the county has broken off negotiations with Tennessee-based Century HealthRealty (CHR), which had been chosen to develop the first office building at NeoCity. "They did nothing wrong," Fisher said. "We worked in good faith for several...

  • AV Homes files plans for 700 homes next to new Poinciana SunRail station

    AV Homes files plans for 700 homes next to new Poinciana SunRail station

    AV Homes is reworking a concept plan the developer filed recently for its new 82-acre, transit-oriented community just north of the new Poinciana SunRail Station. The plan calls for a maximum of 300 single-family and 400 multifamily residential units on the property that was part of the Poinciana Office...

  • Shopping center developer buys prime corner lot site near Reunion Resort

    Shopping center developer buys prime corner lot site near Reunion Resort

    A Chattanooga-based shopping center paid $1.2 million last week for a prime corner piece of the 15-acre Orlando Tree Trek Adventure Park. Adventure park owner Dave Lemieux told GrowthSpotter the park would remain open. "We didn't sell all our property, it's just a corner piece at the back of our...

  • Delaware Hotel Group pays $2M for Motel 6 at Kissimmee Maingate

    Delaware Hotel Group pays $2M for Motel 6 at Kissimmee Maingate

    Delaware Hotel Group owner Mike Khatiwala has acquired his 20th hotel property and first in Florida with the purchase last week of the corporate-owned Motel 6 Kissimmee Maingate West for $2 million. The 147-room motel at 7455 W. Irlo Bronson Memorial Highway sits on 3.2 acres just west of Reedy...

  • Florida Hospital confirms plans for $80M patient tower at Celebration Health in 2019

    Florida Hospital confirms plans for $80M patient tower at Celebration Health in 2019

    Florida Hospital Celebration Health has confirmed plans to build a 156-bed expansion that would make it the largest hospital in Osceola County. Hospital Administrator Ken Bradley told GrowthSpotter on Monday the $80 million tower is projected to open in Winter 2019. "Florida Hospital is expanding...

83°