Retail & Restaurants Developments

  • Blurock and Intram partner on land for retail center near Mattamy's Randal Park

    Blurock and Intram partner on land for retail center near Mattamy's Randal Park

    Local developers Intram Investments and Blurock Commercial Real Estate are partnering on their fourth retail project together, with land under contract in Southeast Orlando for a shopping center near Mattamy Homes' growing Randal Park community.  Located on the northeast corner of Dowden Road and...

  • Ustler & partner file plans for mixed-use student housing tower in Creative Village

    Ustler & partner file plans for mixed-use student housing tower in Creative Village

    Ustler Development and a joint venture partner filed plans on Wednesday for the second project in Downtown Orlando's 68-acre Creative Village urban infill site, a 15-story mixed-use tower anchored by student housing. In conjunction with Phase 1 of UCF Downtown, Ustler and partner KUD International,...

  • 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....

  • 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...

  • Tampa restaurant group bringing Fresh Kitchen concept to Orlando market

    Tampa restaurant group bringing Fresh Kitchen concept to Orlando market

    Tampa-based Ciccio Restaurant Group is bringing its healthy, fast-casual Fresh Kitchen concept to Orlando. CRG Vice President Steven Lanza told GrowthSpotter on Thursday the company has signed its first lease at Waterford Lakes Town Center, on Alafaya Trail just off the S.R. 408 expressway. It...

  • CitiTower in Downtown Orlando lines up 1st retail tenant, on pace for July opening

    CitiTower in Downtown Orlando lines up 1st retail tenant, on pace for July opening

    Buffalo, N.Y.-based The Healthy Scratch may begin its expansion via Downtown Orlando, a prospective first retail tenant in the 25-story CitiTower apartments south of Lake Eola that's on pace to open in July, the building's developer told GrowthSpotter.  Serving cold-pressed juices, smoothies, toasts,...

  • Mexican restaurant chain, cigar lounge new to Orlando planned at I-Drive 360

    Mexican restaurant chain, cigar lounge new to Orlando planned at I-Drive 360

    Irving, Texas-based Mexican restaurant chain Uncle Julio's is planning its first Central Florida location on International Drive, with construction underway on the building shell at I-Drive 360.  "They're someone we've been talking to for quite some time, it will be a very cool Mexican restaurant,"...

  • National tile & stone manufacturer plans first Orlando-area store, warehouse

    National tile & stone manufacturer plans first Orlando-area store, warehouse

    Bedrosians Tile and Stone, one of the nation's leading manufacturers, importers and distributors of such product for the construction industry, should break ground by May on its first showroom and warehouse in Greater Orlando, a lead executive with the company told GrowthSpotter.  Bedrosians principals...

  • Panera & Orlando's 4th Shake Shack planned for Mall at Millenia outparcel

    Panera & Orlando's 4th Shake Shack planned for Mall at Millenia outparcel

    Covelli Enterprises, the nation's largest Panera Bread franchisee, is planning to relocate its Panera from inside the Mall at Millenia to a new outparcel building along Conroy Road, and share the space with what will be Orlando's fourth Shake Shack restaurant.  To be located at 4054 Conroy Road...

  • Sanford & Coral Gables developer close to deal on $50M downtown project

    Sanford & Coral Gables developer close to deal on $50M downtown project

    A deal between the City of Sanford and a Coral Gables-based developer to redevelop three downtown city blocks appears imminent after six months of negotiations. The development, dubbed Heritage Park, would be a $50 million mixed-use project that partially overlooks Lake Monroe, made up of 37,750...

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

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

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

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

    Encore secures $40.6M loan for retail center at Margaritaville

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

  • Orlando Infiniti dealer plans parking garage to boost inventory, will seek lender

    Orlando Infiniti dealer plans parking garage to boost inventory, will seek lender

    Orlando Infiniti is pursuing plans to redevelop a portion of its dealership north of the Mall at Millenia as a four-level parking garage, and will seek a construction loan in the coming months to help finance the project, the dealership's vice president told GrowthSpotter.  Located at 4225 Millenia...

  • New market entry among 4 restaurant brands on plan for North I-Drive project

    New market entry among 4 restaurant brands on plan for North I-Drive project

    Four national restaurant chains may anchor the first phase of Cincinnati-based North American Properties' 16.5-acre mixed-use project planned on the northern end of International Drive, directly south of Orlando International Premium Outlets.  An affiliate of the developer filed a Master Signage...

  • Miami-based firm uses 1031 exchange to buy strip mall in busy Altamonte corridor

    Miami-based firm uses 1031 exchange to buy strip mall in busy Altamonte corridor

    Miami-based TCII Capital Group added to its Greater Orlando portfolio last week with a $2.325 million acquisition of a strip mall in Altamonte Springs’ busy S.R. 434 corridor. The full-service real estate firm bought two multi-tenant buildings just north of Sand Lake Road and next to Lake Brantley...

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  • United Legacy Bank acquires third branch location in Winter Park

    United Legacy Bank acquires third branch location in Winter Park

    Longwood-based United Legacy Bank paid $3 million on Wednesday through its parent company for a former Regions Bank branch in eastern Winter Park, boosting the community bank's footprint to six locations across Greater Orlando.  Located at 2200 Aloma Ave., the 1.02-acre property features a 3,532-square-foot,...

  • Mama B's Giant Subs site on N. Orange under contract to local retailer

    Mama B's Giant Subs site on N. Orange under contract to local retailer

    Orlando-based Magic Pet, a premium pet food, supply and grooming business, has the former Mama B's Giant Subs property near Orlando's North Quarter under contract, potentially bringing new retail to one of the most highly trafficked corners in downtown. Located at 692 N. Orange Ave. on the southwest...

  • Oviedo Mall sells for $15.3M, new owner promises renovations & new retailers

    Oviedo Mall sells for $15.3M, new owner promises renovations & new retailers

    The new owner of Oviedo Mall will be hiring hundreds of local workers this year as it looks to renovate and revitalize the aging property built in 1998, a lead executive with the company told GrowthSpotter.  Los Angeles-based International Growth Properties, via affiliate Oviedo Mall Holding LLC,...

  • Peacock to put $6M+ into Ford dealership redevelopment, pursue more assets

    Peacock to put $6M+ into Ford dealership redevelopment, pursue more assets

    Peacock Automotive will invest $6 million or more over the next 16 months on extensive redevelopment of its recently acquired Don Reid Ford dealership in south Maitland, and may pursue more local properties this year, president and CEO Warner Peacock told GrowthSpotter.  Located at 1875 S. Orlando...

  • 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,...

  • NGI Investments plans new retail in tourism corridor and Winter Park

    NGI Investments plans new retail in tourism corridor and Winter Park

    Retail developer NGI Investments is preparing new single- and multi-tenant projects in the tourism corridor and Winter Park, with construction loans to be sought for building shells that must be delivered in the next nine to 12 months, the company's president told GrowthSpotter.  Located at 8101...

  • Excelsior Capital preps 38 acres on Palm Parkway for retail/commercial

    Excelsior Capital preps 38 acres on Palm Parkway for retail/commercial

    Englewood, Colo.-based Excelsior Capital Partners is preparing for potential retail/commercial development on 38.8 acres it owns in Orlando's tourism corridor along Palm Parkway.  The investor in distressed debt and real estate filed mass infrastructure plans on Thursday with the South Florida...

  • 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...

  • Arizona REIT buys multiple WingHouse restaurants

    Arizona REIT buys multiple WingHouse restaurants

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

  • Elevation Development advancing Parkview project on W192

    Elevation Development advancing Parkview project on W192

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

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

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

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

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

    DLC Residential buys W192 land near Margaritaville slated for 326 apartments

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

  • Central Parc to develop retail outparcels at Lake Mary's Savannah Park

    Central Parc to develop retail outparcels at Lake Mary's Savannah Park

    Looking to cash in on the recent growth spurt along International Parkway near Lake Mary, Winter Park-based Central Parc Development plans to spend $3.8 million developing three outparcels at the Exchange at Savannah Park. Central Parc, under affiliate Savannah Park Retail LLC, purchased four remaining...

  • Developer seeks land use change to build grocer-anchored retail near Heathrow

    Developer seeks land use change to build grocer-anchored retail near Heathrow

    Publix's status as king of the Florida grocery market is being challenged yet again with a proposed development in Seminole County. Representatives with Orlando-based Elevation Development will meet with Seminole County planners Wednesday to discuss a proposal to build a retail center at the southwest...

  • Wallacks partner with wrestler Hulk Hogan to open I-Drive store before Wrestlemania

    Wallacks partner with wrestler Hulk Hogan to open I-Drive store before Wrestlemania

    Legendary pro wrestler Hulk Hogan is working with developer Wallack Holdings to reopen a closed storefront on International Drive as a shop and museum celebrating the athlete's career, with plans to debut roughly a month before Wrestlemania 33 hits Orlando on April 2. The store will be a second...

  • Commercial, retail project planned near Lake Nona

    Commercial, retail project planned near Lake Nona

     A proposed retail and commercial development is demonstrating that infill is occurring around Lake Nona, as developers start to rim an area that contains or will contain a medical village, abundant housing, retailers and the headquarters of the US Tennis Association. The new project, called the...

  • Tavistock plans retail center, potential hotel at Greeneway Park south of OIA

    Tavistock plans retail center, potential hotel at Greeneway Park south of OIA

    An affiliate of Tavistock Development Company filed plans on Tuesday to develop a grocer-anchored shopping center with a potential hotel directly south of Orlando International Airport, and between hundreds of acres pegged for future residential.  Located at the northwest corner of Lake Nona Boulevard...

  • 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)...

  • Western Way shopping center in Downtown Orlando sells for $4.55M

    Western Way shopping center in Downtown Orlando sells for $4.55M

    Western Way, a 1950s-era shopping center on W. Colonial Drive in Downtown Orlando, fetched a $4.55 million sale price last week, due in large part to one very desirable tenant. "People really love the location, and they're familiar with it because they know the (Orange County) Tax Collector is...

  • Seminole Commissioners to consider Land Use change for 42-acre project near Oviedo

    Seminole Commissioners to consider Land Use change for 42-acre project near Oviedo

    An Orlando developer plans to build a mixed-use project on 42 acres near Oviedo, but needs approval from Seminole County for future land use changes, in part because the property sits in an area county leaders had hoped would become a high-tech corridor.JEL Land Development LLC wants to develop...

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  • Peacock Automotive to buy Maitland's Don Reid Ford, pursue expansion

    Peacock Automotive to buy Maitland's Don Reid Ford, pursue expansion

    Peacock Automotive has south Maitland's Don Reid Ford dealership and its related 10 acres under contract with an expected closing in the next two weeks, and is considering redevelopment of the property with more modern showrooms and service buildings. (**UPDATE** Affiliates of Peacock Automotive...

  • Boca Raton developer buys site near Orlando airport, plans hotel & fuel station

    Boca Raton developer buys site near Orlando airport, plans hotel & fuel station

    Boca Raton-based developer Hardial Sibia and family members paid $2.2 million earlier this month to enter the Orlando market, buying land northeast of Orlando International Airport with a future hotel and fuel station in mind.  Sibia's affiliate HDRS LLC bought an estimated 5-acre portion of the...

  • Panda Express adding location near Legoland

    Panda Express adding location near Legoland

    Panda Restaurant Group (PRG), parent company of Panda Express, will add a new location this year in Winter Haven at the Colonial Promenade shopping center on Cypress Garden Boulevard. It's the first of two new Polk County stores slated for late 2017 opening, senior real estate manager Mike Everage...

  • 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...

  • Orlando's top Domino's franchisee buys property, plans reno & new stores

    Orlando's top Domino's franchisee buys property, plans reno & new stores

    Orlando's largest Domino's franchisee is building two new stores in the local market, bought its second property in December and is seeking up to two more sites to lease this year, the company's president told GrowthSpotter.  Rick and Cindy Traenkner have been representing the brand since 1999,...

  • New York's Malachite Group invests in Orlando commercial plaza

    New York's Malachite Group invests in Orlando commercial plaza

    Malachite Group LTD paid $2.75 million this week to acquire the Washington Shores retail plaza in the west Orlando neighborhood. The 45,370-square-foot shopping center at 2100 Bruton Blvd. is anchored by Save-A-Lot and Family Dollar. It was built in 1988 and was previously acquired by The Sembler...

  • Atlanta-based restaurant chain targets Greater Orlando market for expansion

    Atlanta-based restaurant chain targets Greater Orlando market for expansion

    Atlanta-based restaurant chain Huddle House is seeking end-cap and free-standing locations to enter the Greater Orlando market this year, and is pursuing leads from local retail developers on promising franchisee partners, an executive with the company told GrowthSpotter.  Known for its "round-the-clock"...

  • 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....

  • City Furniture plans two more local land deals following Altamonte Springs

    City Furniture plans two more local land deals following Altamonte Springs

    City Furniture has yet to hire a commercial broker to market space in its future Altamonte Springs office building, and is negotiating sites for two more stores in Kissimmee and Central Orlando, the company's president told GrowthSpotter.  The company paid $4.9 million on Friday for 7.48 acres...

  • City to approve Tavistock for purchase & development of Poitras land near OIA

    City to approve Tavistock for purchase & development of Poitras land near OIA

    Orlando's City Council is expected to approve this Wednesday land purchase, development and management agreements with Tavistock Development Company for more than 1,800 acres south of Orlando International Airport.  **Update** City Council approved the GOAA land sale on Wednesday, pending agreement...

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  • Starling Chevrolet Orlando considers expansion with parking garage

    Starling Chevrolet Orlando considers expansion with parking garage

    Starling Chevrolet of Orlando is exploring options to build a five-level parking garage next to its dealership in South Orange County to gain vehicle inventory, a response to increasing land values in the area, but faces potential height restriction challenges ahead. Located at 13155 S. Orange...

  • City Furniture buys Altamonte Springs site on I-4, plans store & office building

    City Furniture buys Altamonte Springs site on I-4, plans store & office building

    City Furniture closed Friday on a $4.9 million purchase of 7.48 acres in Altamonte Springs fronting Interstate 4, where the company plans to build a 109,500-square-foot retail showroom as its first Orlando-area location, and a neighboring office building. Located on the southeast corner of W. Central...

  • Dallas REIT buys three Sonny's BBQ restaurants in Orlando, part of portfolio

    Dallas REIT buys three Sonny's BBQ restaurants in Orlando, part of portfolio

    An affiliate of Dallas-based Spirit Realty Capital paid more than $8.36 million on Wednesday for three Sonny's BBQ locations in Greater Orlando, part of a portfolio acquisition of seven Sonny's locations in Florida totaling $19 million.  The Orlando sites include 310 S. Alafaya Trail (in Waterford...

  • 3rd-gen local CRE investor spends $1.5M on two Downtown Orlando sites

    3rd-gen local CRE investor spends $1.5M on two Downtown Orlando sites

    A third-generation investor in local real estate spent more than $1.5 million last week on two value-add commercial properties in Downtown Orlando. Brad Cowherd, principal of Florida Oranges Land Company and owner/operator of Infusion Tea on College Park's Edgewater Drive, has continued on the...

  • Second Four Corners shopping center sells

    Second Four Corners shopping center sells

    WCOT Glen Brook Commons Florida, an LLC of a Prudential Real Estate Investment Trust, sold Glenbrook Commons, a strip shopping center with a total of 72,339-square-foot in the Four Corners area of South Lake County, for $6.6 million on Dec. 19. The buyer of the center at 1714 U.S. 27, near Clermont,...

  • Miami company plans mixed-use project near Florida Mall

    Miami company plans mixed-use project near Florida Mall

    Miami-based MIR Developments LLC has long-range plans to build a mixed residential-commercial project just northeast of Orlando’s Florida Mall. The company has filed a site plan with Orange County for a 180-unit apartment or condo complex along with commercial space for retail and offices. The...

  • 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...

  • MMI buys two Casselberry retail centers from ex-homebuilders, plans reposition

    MMI buys two Casselberry retail centers from ex-homebuilders, plans reposition

    MMI Development paid $5.2 million on Dec. 22 for two value-add retail centers on S.R. 436 in Casselberry, marking the last two commercial divestitures by principals of one of Orlando's most impactful homebuilders of the past 50 years.  The properties acquired were the Greater Mall (400-480 S.R....

  • Alliance Residential & Carlyle Group JV buys apartments site at Ravaudage

    Alliance Residential & Carlyle Group JV buys apartments site at Ravaudage

    Multifamily developer Alliance Residential Company has partnered with a real estate fund of The Carlyle Group on the purchase of 2.3 acres at the 73-acre Ravaudage property in Winter Park, with plans to break ground Jan. 9 on a seven-story, 268-unit apartment building. Land buyer affiliate CRP/AR...

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

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

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

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  • 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 --...

  • Artisan ice cream truck owner seeks retail space for expansion

    Artisan ice cream truck owner seeks retail space for expansion

    A veteran Brazilian chef who has established artisan ice cream truck Froby's over the past month while parked at International Premium Outlets is seeking local retail space, with an aim to establish two storefronts in Orlando over the next year.  Using only fresh fruit, imported chocolate and organic...

  • 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...

  • 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...

  • Carvana vending machine

    Carvana vending machine

    This promotional video from Carvana shows the Nashville-based "car vending machine" in action. 

  • Auto dealer Carvana buys I-4 site for 8-story 'car vending machine'

    Auto dealer Carvana buys I-4 site for 8-story 'car vending machine'

    Phoenix-based online auto dealer Carvana.com has purchased land fronting Interstate 4 for its first Orlando-area "car vending machine." Carvana, which opened delivery service in Orlando this past spring, paid $1.6 million for the 2.84-acre parcel on the 3500 block of Rio Vista Avenue, directly...

  • MMI breaks ground on $8.1M Apopka interchange, apts & retail to follow

    MMI breaks ground on $8.1M Apopka interchange, apts & retail to follow

    MMI Development celebrated the recent groundbreaking on Thursday of a $8.1 million interchange it's building in Apopka at the S.R. 414 intersection with Marden Road, which by mid-2017 will provide a large part of the city new interconnectivity, and open 72 acres of MMI land to new development. ...

  • Crescent preps construction start after buying Lucerne site in Downtown Orlando

    Crescent preps construction start after buying Lucerne site in Downtown Orlando

    Crescent Communities will break ground this month with Brasfield & Gorrie on a two-year construction timeline for its Crescent Lucerne mixed-use project in south Downtown Orlando, and is actively seeking more sites after selling two local apartment assets within the past year, a lead executive...

  • Developer revives expansion plans for Lake Buena Vista Factory Stores

    Developer revives expansion plans for Lake Buena Vista Factory Stores

    A long-awaited expansion of the Lake Buena Vista Factory Stores retail outlet on Orlando’s tourism corridor may be finally coming to fruition. Countyline Properties LLC, an affiliate of the shopping center's owner, developer and manager, Sutton Properties of St. Petersburg, has submitted documents...

  • Lake Buena Vista Factory Stores to develop construction plans

    Lake Buena Vista Factory Stores to develop construction plans

    Sutton Properties, owner of Lake Buena Vista Factory Stores near Walt Disney World, can now develop civil construction plans to submit for building permits on its outlet mall expansion and will pursue a loan for the $22 million project, president Sam Sutton told GrowthSpotter.  As the shopping...

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  • AV Homes seeks to add more commercial in Poinciana area

    AV Homes seeks to add more commercial in Poinciana area

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

  • Andy's Frozen Custard has I-Drive land under contract for first Florida restaurant

    Andy's Frozen Custard has I-Drive land under contract for first Florida restaurant

    Missouri-based Andy's Frozen Custard has N. International Drive land under contract for its first restaurant in Florida, and has yet to hire a local civil engineer or general contractor, a lead franchisee with the company told GrowthSpotter.   The buyer has gone hard with a non-refundable deposit...

  • Plans updated for Destination Shoppes on Universal with national retail tenant

    Plans updated for Destination Shoppes on Universal with national retail tenant

    Estero-based ComTerra Development Group and partner Craft Development Corp. of Toronto are progressing on the first stage of their 20-acre Destination Shoppes at Universal, filing updated plans this week that show the first phase of buildings and a national tenant.  A revised Development Plan was...

  • Tavistock files plans for Phase 2A of Lake Nona Town Center, pursues tenants

    Tavistock files plans for Phase 2A of Lake Nona Town Center, pursues tenants

    Tavistock Development Company filed Master Plan documents with the city of Orlando on Tuesday for the next phase of its Lake Nona Town Center, launching a stage of schematic and civil design over the next year to help it recruit tenants for more than 800,000 square feet of commercial space. A Framework...

  • California citrus leader buys Lake Buena Vista retail site w/new 20-year NNN lease

    California citrus leader buys Lake Buena Vista retail site w/new 20-year NNN lease

    One of California's leading citrus packing families paid roughly $5.05 million on Nov. 17 for a piece of Orlando's tourism corridor, buying a shuttered restaurant site in Lake Buena Vista that was leased last month to a triple-net tenant for 20 years.  The buyer was Our Way Development Company,...

  • Two local developers partner on Kissimmee retail project, pay $2.5M for site

    Two local developers partner on Kissimmee retail project, pay $2.5M for site

    Local developers Intram Investments and Blurock Commercial Real Estate are partnering on their third commercial-retail project together, paying $2.5 million on Nov. 14 for a 2.3-acre parcel on Kissimmee's W192 tourism corridor.  The property lies in the 8000 block of W. Irlo Bronson Memorial Highway...

  • 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...

  • Retired property investor buys Ocoee strip center, seeks more locally

    Retired property investor buys Ocoee strip center, seeks more locally

    A former hair salon franchisee from the northeast who moved to Orlando three years ago paid $1.7 million on Nov. 10 for his second local commercial property, and seeks more stable assets for a portfolio to support his early retirement.  Located at 2450 Maguire Road in Ocoee, the 0.96-acre property...

  • Apopka gun store and firing range owner lines up property for expansion

    Apopka gun store and firing range owner lines up property for expansion

    Apopka-based gun store chain Shoot Straight plans to invest up to $4 million next year to double the size of a local warehouse that supplies its stores statewide, with land under contract and a rezoning request under city review, the company's owner told GrowthSpotter.  Considered the state's largest...

  • Land owner preps for retail in Seminole-Volusia growth corridor

    Land owner preps for retail in Seminole-Volusia growth corridor

    A Seminole County property owner is laying the groundwork for a large retail development in an area of the county expected to see a surge in new residential construction during the next five years. Representatives for Takvorian Properties LLC met this week with Seminole County planners to discuss...

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  • Wells Fargo moving Downtown Orlando branch, vacating 23K SF of tower space

    Wells Fargo moving Downtown Orlando branch, vacating 23K SF of tower space

    Wells Fargo is preparing to lease 3,600 square feet of the former Fields Fiat-anchored building at 131 N. Orange Ave., relocating one of its two Downtown Orlando retail branches.  The move should occur in Second Quarter 2017, and will wrap up a notable reduction of the company's footprint in the...

  • Trio of businessmen plan new craft brewery in Downtown Ocoee

    Trio of businessmen plan new craft brewery in Downtown Ocoee

    Three local businessmen are teaming up to launch a new craft brewery in downtown Ocoee in anticipation of the area's redevelopment, and will hire contractors, an architect and engineer in the coming months, one of the trio told GrowthSpotter. Located at the northwest corner of McKey Street and...

  • Prospective FDOT taking near Disney leaves Crossroads restaurants in limbo

    Prospective FDOT taking near Disney leaves Crossroads restaurants in limbo

    Faced with the prospect of losing their businesses due to the I-4 widening project, restaurant owners in Crossroads at Lake Buena Vista across from a Walt Disney World entrance are stuck in an expensive state of limbo. "It is just a waiting game, which is why a number of restaurants are not responding...

  • Developer buys Winter Park land for region's first Orchard Supply Hardware

    Developer buys Winter Park land for region's first Orchard Supply Hardware

    Minnesota-based developer Oppidan Investment Company paid $5.75 million on Nov. 1 for 2.4 acres on S. Orlando Avenue in Winter Park, where it plans to build the first Orlando-area store for Lowe's-owned chain Orchard Supply Hardware.  The sale reflects a land value of $55 per square foot, one of...

  • FDOT plans costly relocations of Disney-area restaurants due to I-4 widening

    FDOT plans costly relocations of Disney-area restaurants due to I-4 widening

    More than a dozen of the most profitable restaurants in Orlando would be forced to move if the Florida Department of Transportation proceeds with its recommendation to build drainage ponds at the site of the Crossroads of Lake Buena Vista. Located directly across from a Walt Disney World main entrance,...

  • South Florida developer has 'Orlando Gateway' 64 acres near OIA under contract

    South Florida developer has 'Orlando Gateway' 64 acres near OIA under contract

    Hollywood-based shopping center developer JBL Asset Management has 64 acres of the "Orlando Gateway" property north of Orlando International Airport under contract for $23 million, and plans to hire local brokers to help market for hotel and multifamily use in the coming months, the company's managing...

  • 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...

  • Owner of I-Drive Four Points hotel plans parking expansion, potential retail pad

    Owner of I-Drive Four Points hotel plans parking expansion, potential retail pad

    Largo-based Equity Management Partners (EMP) is planning a parking lot expansion and new retail building on its Four Points by Sheraton Orlando Studio City property along N. International Drive, and has yet to hire a local real estate broker to market the property, the company's principal told...

  • Black Angus redevelopment bringing first mechanical parking lifts to Orlando

    Black Angus redevelopment bringing first mechanical parking lifts to Orlando

    Gift shop magnates who helped create the former Ocean Air Enterprises retail empire are launching a new gift store concept, with a prototype planned to open in 2017 on the site of the Black Angus steakhouse on C.R. 535 in Lake Buena Vista. "We want to revolutionize gift stores," John Nehmatallah...

  • Black Angus parking lift video

    Black Angus parking lift video

    This video demonstrates the vertical parking lift system that will be installed at the new Black Angus restaurant on S Apopka Vineland Road. 

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