Osceola County Developments

  • Kissimmee nonprofit plans shipping container apartments in tourism corridor

    Kissimmee nonprofit plans shipping container apartments in tourism corridor

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

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

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

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

  • Orlando Health targets Reunion Village for possible hospital site

    Orlando Health targets Reunion Village for possible hospital site

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

  • Galt's Landing at Harmony

    Galt's Landing at Harmony

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

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

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

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

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  • Mosaic unveils new master plan, schedule for Kissimmee downtown redevelopment

    Mosaic unveils new master plan, schedule for Kissimmee downtown redevelopment

    Kissimmee's downtown redevelopment partner told city leaders this week it expects to break ground in January on 300-plus units of Class A multifamily housing across from Lakeview Park. Mosaic Development Principal Roxanne Amoroso told GrowthSpotter the firm will ask City Commissioners to approve...

  • Mattamy Homes prepping for next phase of Solara Resort on Westside

    Mattamy Homes prepping for next phase of Solara Resort on Westside

    Mattamy Homes delivered its first vacation homes in Solara at Westside this month, and now the homebuilder is prepping for the next phase of its first short-term rental resort community. Orlando Division President Alex Martin told GrowthSpotter that since launching the community last summer, Mattamy...

  • St. Cloud Council to vote on $8.25M land sale for new Stevens Plantation mixed-use

    St. Cloud Council to vote on $8.25M land sale for new Stevens Plantation mixed-use

    St. Cloud's City Council is scheduled to vote Thursday on two contracts to sell a combined 198 acres to a Longwood developer for an ambitious, commercial-focused mixed-use development along Canoe Creek Road. Telesis Services LLC beat out three other competitive bidders for the 56-acre parcel and a...

  • Kissimmee investor pays $1M for medical office building near hospital

    Kissimmee investor pays $1M for medical office building near hospital

    Kissimmee real estate investor Dharmesh Patel came out on top in a recent bidding war for a fully renovated and leased medical building about a block north of Osceola Regional Medical Center. Patel's Harsh Investment LLC paid just over $1 million on June 15 for the 5,256-square-foot building at...

  • South Florida developer eyes Kissimmee site for new apartment complex

    South Florida developer eyes Kissimmee site for new apartment complex

    South Florida-based Paragon Group has proposed building apartments on the former 11th and 12th holes of the closed Buenaventura Lakes West golf course in Kissimmee. Paragon/Granada Development has a contract to buy the 14-acre site from Iglesia Cristiana Renuevo. The property abuts a 3.6-acre parcel...

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

    New construction in Osceola County topped $914M in 2017

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

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

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

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

  • Baker Barrios to present concepts for Kissimmee downtown arts center

    Baker Barrios to present concepts for Kissimmee downtown arts center

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

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

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

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

  • Developer Hines sued over condemned apartment complex in Celebration

    Developer Hines sued over condemned apartment complex in Celebration

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

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

    Sun Terra signs Jones Homes for land in Harmony West expansion

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

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

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

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

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

    Tampa-based multifamily group enters Kissimmee market via portfolio buy

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

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

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

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

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

    Pulte Homes files subdivision plan for expansion of Windsor at Westside

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

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  • Local government officials recap week at ICSC RECon

    Local government officials recap week at ICSC RECon

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

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

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

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

  • Pineloch to resubmit Center Lake Ranch annexation with new data

    Pineloch to resubmit Center Lake Ranch annexation with new data

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

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

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

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

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

    Osceola to restrict new commercial development outside designated 'centers'

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

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

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

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

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

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

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

  • Pinnacle Housing eyes site near ChampionsGate for apts & townhomes

    Pinnacle Housing eyes site near ChampionsGate for apts & townhomes

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

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

    Zoning, noise issues could thwart potential UTV attraction on W192

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

  • Osceola delays vote on solar mandate for new home construction

    Osceola delays vote on solar mandate for new home construction

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

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

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

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

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

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

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

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

    Osceola Commissioners approve $2.2M land buy for OHP expansion

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

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

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

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

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

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

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

  • Pineloch Management regrouping after shocking vote on Center Lake annexation

    Pineloch Management regrouping after shocking vote on Center Lake annexation

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

    Kissimmee W192 Lake Cecile site eyed for new condo resort community

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

  • Developer ready to revive dormant Snow White Village apartment project

    Developer ready to revive dormant Snow White Village apartment project

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

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

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

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

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

    Osceola Schools seeking architect for $30.7M middle school reconstruction

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

  • Lennar files construction plans for ChampionsGate addition

    Lennar files construction plans for ChampionsGate addition

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

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

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

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

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

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

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

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

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

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

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

    Pulte planning 550-lot subdivision in hot Four Corners market

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

  • Orlando developer ready to reboot stalled townhouse community in Kissimmee

    Orlando developer ready to reboot stalled townhouse community in Kissimmee

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

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

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

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

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

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

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

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

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

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

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

    Lennar Homes eyeing another 156 acres next to ChampionsGate Country Club

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

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

    Reunion developer to launch new condo community, expand water park

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

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

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

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

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

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

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

  • Encore planning upscale retail and dining village in Reunion

    Encore planning upscale retail and dining village in Reunion

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

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

    Self-storage sought for former grocery store site in Kissimmee

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

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

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

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

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

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

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

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

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

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

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

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

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

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  • Pulte buys lakefront land in St. Cloud approved for 329 homes

    Pulte buys lakefront land in St. Cloud approved for 329 homes

    Pulte Homes paid $6 million on Thursday for 127 acres just east of St. Cloud on the Alligator Chain of Lakes, with plans to start construction this year on a new 329-home subdivision. The homebuilder will pay an additional $6,079 to the seller at the sale of each completed home, which will bring...

  • South American CRE investor assembling lots on W192 in Four Corners

    South American CRE investor assembling lots on W192 in Four Corners

    Argentinian real estate investor Alejandro Atar has assembled 22.5 acres on the W192 tourism corridor in Four Corners and may be looking to add to his holdings. Atar, who maintains a U.S. office in Aventura, paid $1.375 million on Friday through affiliate 1020 Investment Group for a 14.3-acre parcel...

  • Land sale for new K-8 charter school in Poinciana precedes plan approval

    Land sale for new K-8 charter school in Poinciana precedes plan approval

    AV Homes subsidiary Avatar Properties this week sold a 7.45-acre parcel in the Poinciana area to a Utah-based charter school company that has pending plans for a new K-8 BridgePrep Academy. American Charter Development (ACD), a lender and developer that focuses exclusively in the charter school...

  • CFX study: new toll road would minimize impacts to Split Oak Forest

    CFX study: new toll road would minimize impacts to Split Oak Forest

    A new alignment for the controversial Osceola Parkway Extension that would reduce impacts to the Split Oak Forest is among proposals on the Central Florida Expressway Authority agenda Thursday.  The route shifts the roadway slightly west, through the heart of the undeveloped Lake Ajay property...

  • New York CRE firm planning huge self storage facility near Reunion Resort

    New York CRE firm planning huge self storage facility near Reunion Resort

    New York-based Island Estate Group has 14 acres near Reunion Resort under contract with plans to build one of the market's largest Class A self storage facilities. Partners Shawn Kruk and Kevin Rossi told GrowthSpotter they're in the due diligence period now for the property on C.R. 532, and have...

  • Sports-focused charter school to open second campus in Osceola Heritage Park

    Sports-focused charter school to open second campus in Osceola Heritage Park

    A Little Havana charter school that prepares student athletes for sports-related careers will open its second campus in Kissimmee at Osceola Heritage Park. The nonprofit SLAM Foundation (Sports Leadership and Management) opened its first campus in 2003 a block from the Miami Marlins stadium, and...

  • Two developers amass 184 acres in Osceola's Westside after flurry of closings

    Two developers amass 184 acres in Osceola's Westside after flurry of closings

    Two developers now control 184 acres of vacant land in Osceola County's Westside tourism corridor after a flurry of concurrent closing this week totaling more than $10 million. Illinois homebuilder Eli Steinhardt paid $6.4 million for 104 acres of Wheeler Farms' orange groves, while at the same...

  • Tupperware prepping 20 acres near SunRail station for MF developer

    Tupperware prepping 20 acres near SunRail station for MF developer

    Tupperware Brands is preparing a 20-acre site at Orange Avenue and Osceola Parkway for up to 400 apartments in hopes of landing a multifamily developer, a company executive said on Thursday. The site is directly across from the new Orlando Health medical complex, and within walking distance of...

  • Reich Properties lands major tenant to kick off Phase 2 of Narcoossee center

    Reich Properties lands major tenant to kick off Phase 2 of Narcoossee center

    Reich Properties will break ground next month on the second phase of its nearly 30,000-square-foot Narcoossee Retail Center.  President John Reich told GrowthSpotter on Thursday that Nemours Children's Primary Care will open its 19th pediatric medical office in the 10,800-square-foot building....

  • Kissimmee to pick affordable housing provider for free land in March

    Kissimmee to pick affordable housing provider for free land in March

    Two local developers adept at dealing with Low Income Housing Tax Credits (LIHTCs) have jumped at the offer to accept free land from the city of Kissimmee and Toho Water Authority, in exchange for building up to 400 affordable rental units less than a mile from downtown's Lakeview Park. Birdsong...

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  • Sun Terra redesigns next major phases of Osceola's Harmony community

    Sun Terra redesigns next major phases of Osceola's Harmony community

    Sun Terra Communities has filed new Preliminary Subdivision Plans for the next phases of Harmony, a sprawling golf community in east Osceola County with two private lakes and its own town center. The Oviedo-based land banker and developer bought the master-planned community last year from Starwood...

  • Developer applies for Mixed-Use at FL Turnpike interchange in Kissimmee

    Developer applies for Mixed-Use at FL Turnpike interchange in Kissimmee

    The heirs of the late Wendell "Jock" Spears are looking to revive a decades-old land development at Kissimmee's Osceola Parkway - Florida Turnpike interchange. Spears, who died in 2007, was the original developer of Gateway Commons, the Walmart-anchored retail center between the turnpike and the...

  • U-Haul buys Kissimmee W192 flea market site, plans self storage conversion

    U-Haul buys Kissimmee W192 flea market site, plans self storage conversion

    Tampa-based U-Haul Co. of Florida paid $6.5 million on Tuesday for one of the largest retail properties on Kissimmee's tourism corridor, with plans to convert the buildings into a self storage facility. The Main Gate West Flea Market, located at 8546 W. Irlo Bronson Memorial Highway, was built...

  • W192 Roomba Inn rezoning clears DRC despite objection from neighbor

    W192 Roomba Inn rezoning clears DRC despite objection from neighbor

    A dispute over a 46-year-old sign easement recently threatened to scuttle a $40 million redevelopment plan by the owner of the Roomba Inn & Suites on Kissimmee's W192 near Old Town. Ontario-based CTN Developments had received demolition permits for the 400-room hotel from Osceola County in January....

  • St. Cloud needs more planners, inspectors to keep up with building boom

    St. Cloud needs more planners, inspectors to keep up with building boom

    After rejecting a proposed moratorium on residential development, St. Cloud's City Council will consider a request from its planning department to add more staff. The City Council voted 3-2 on Feb. 9 against the six-month moratorium that would have largely mirrored a policy enacted by Osceola County....

  • Osceola hopes to fix bugs in new online permitting site this week

    Osceola hopes to fix bugs in new online permitting site this week

    When it's fully operational, Osceola County's new $2.1 million Accela online permitting software should make life more simple for developers, builders, inspectors and others who use the site to track development.  But last week's rollout has been described as "disastrous," and compared to the maiden...

  • Bluerock RE pays $67.5M for Four Corners area Class-A apartments

    Bluerock RE pays $67.5M for Four Corners area Class-A apartments

    New York-based Bluerock Real Estate paid $67.5 million last week to acquire the Douglas Grand at Westside, a new Class A apartment complex just a mile from one of its other properties in the Four Corners submarket. "We like Orlando a lot because of the rapid job growth and population growth," Bluerock...

  • National firm planning its fourth luxury apartment complex near Tupperware HQ

    National firm planning its fourth luxury apartment complex near Tupperware HQ

    With the opening of its third luxury apartment complex in Kissimmee just weeks away, Fore Property Company is already planning for another project in the Loop/Tupperware submarket. The California-based developer has a purchase contract on 7 acres at the intersection of Ball Park Road and Batts...

  • Broker looking for development partners on Kissimmee mixed-use project

    Broker looking for development partners on Kissimmee mixed-use project

    A group of Winter Park real estate investors are looking for development partners for a 39-acre parcel next to Kissimmee's Shingle Creek Regional Park. Colony Realty Group President Tom Lightsey told GrowthSpotter he and partners received Mixed-Use PUD zoning from the city in December for Shingle...

  • Tavistock strikes deal w/Toho Water to build new Sunbridge water plant in Osceola

    Tavistock strikes deal w/Toho Water to build new Sunbridge water plant in Osceola

    Tavistock Development Company will build a water treatment plant capable of producing 7 million gallons a day of drinking water for the Osceola County portion of Sunbridge. It's just one example of the unique scale of the 24,000-acre master-planned development -- a project so large the Florida...

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