Retail & Restaurants Developments

  • Arkansas-based bank has Winter Park site under contract for market entry

    Arkansas-based bank has Winter Park site under contract for market entry

    Arkansas-based Bank of the Ozarks has a prominent site in Winter Park under contract, with plans to build a flagship branch and office building that would mark its Orlando market entry for retail lending. Located at 1100 N. Orange Ave., the 1.88-acre parcel boasts frontage on the heavily trafficked...

  • Mix of modern townhomes, commercial condos planned at FL Turnpike in Ocoee

    Mix of modern townhomes, commercial condos planned at FL Turnpike in Ocoee

    A Brazilian contractor and real estate investor has a heavily trafficked site under contract in central Ocoee, with plans for a mixed-use, energy-efficient townhome and commercial condo development. Located at the southwest corner of Maguire Road and the Florida Turnpike, the 16.92-acre assemblage...

  • Ocoee to settle lien on former Colony Plaza property, local JV formed to redevelop

    Ocoee to settle lien on former Colony Plaza property, local JV formed to redevelop

    Boyd Development and owners of the former Colony Plaza Hotel site in Ocoee have formed a joint venture to begin redeveloping the 12-acre property this year, pending an agreement with the city to settle a million-dollar lien that will be decided on next week.  The city of Ocoee and its Community...

  • Walmart shadow center in Kissimmee sells for $3M+

    Walmart shadow center in Kissimmee sells for $3M+

    A Walmart Neighborhood Market-anchored shadow center at a key Kissimmee intersection sparked a bidding war when it hit the market in October, eventually closing Jan. 8 above list price.  Parkway Retail, a 10,000-square-foot multi-tenant retail space was built in 2016 and was fully leased. It's...

  • Population growth & new design drive Orlando's self storage market in 2018

    Population growth & new design drive Orlando's self storage market in 2018

    Editor's Note: This article will be part of a series of 2018 growth-focused reports that the Orlando Sentinel publishes on Jan. 21 in its annual Central Florida Business Forecast section of the newspaper:    New self storage projects in Greater Orlando tend to draw more complaints from nearby residents...

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  • Sun Terra sells Harmony town center retail and golf course for $7M

    Sun Terra sells Harmony town center retail and golf course for $7M

    Sun Terra Communities has divested of another swath of property in the Harmony master-planned community east of St. Cloud, selling the community's golf course, town center and undeveloped retail land for a combined $7 million. "It benefits us because we really want to focus on Harmony West and...

  • Cawthon to prep 67 acres in Apopka near 429 interchange for homebuilders

    Cawthon to prep 67 acres in Apopka near 429 interchange for homebuilders

    An affiliate of Windermere-based FHC Development paid $1.75 million on Thursday for 67 acres in Apopka, where the developer plans to market the site to homebuilders drawn to a burgeoning highway interchange.  Located on the east side of Orange Blossom Trail (U.S. 441), the property lies 1.5 miles...

  • South FL investor buys retail center at key Kissimmee intersection

    South FL investor buys retail center at key Kissimmee intersection

    South Florida investor Claudio Maggi paid $5.5 million last week for a pair of inline retail strip centers at the northwest corner of Kissimmee's John Young Parkway and Pleasant Hill Road. Shoppes at Pleasant Hill was built in 2003 and 2004 and contains 34,200 square feet divided among 21 tenant...

  • Houston-based family firm pays $17M for part of new Millenia-area retail center

    Houston-based family firm pays $17M for part of new Millenia-area retail center

    An affiliate of Houston-based family real estate firm Silvestri Investments paid $17 million on Friday for the secondary retail anchor site at BBX Capital's Gardens on Millenia development.  Located at 3525 Gardens Ridge Way in the 3700 block of Millenia Boulevard, the 8.62-acre parcel lies within...

  • Boca Raton-based family firm pays $15M for Del Frisco's property on I-Drive

    Boca Raton-based family firm pays $15M for Del Frisco's property on I-Drive

    An affiliate of Boca Raton-based family investment firm Amzak Capital Management paid $15.1 million on Friday for the triple net-leased Del Frisco's Double Eagle Steak House on International Drive, marking its first retail asset in the Greater Orlando market.  Located at 9142 International Dr.,...

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  • NJ hotelier buys Crosslands outparcel for new hotel, restaurant in Kissimmee

    NJ hotelier buys Crosslands outparcel for new hotel, restaurant in Kissimmee

    After marketing the hotel site at Kissimmee's Crosslands shopping center for more than two years, Tupperware found a buyer right before Christmas. New Jersey-based Pinnacle Hospitality Group paid $2.65 million last week for the 3.5-acre outparcel at the shopping center's Orange Blossom Trail entrance,...

  • Clarion Partners pays $58M for majority of Lake Nona Landing retail center

    Clarion Partners pays $58M for majority of Lake Nona Landing retail center

    An affiliate of New York-based real estate investment group Clarion Partners paid $58 million on Wednesday for more than half of the 53-acre Lake Nona Landing retail center. Located in the 11900 block of Narcoossee Road, just south of S.R. 417, the property has been developed by Tavistock Development...

  • Extreme recreation park signs big-box lease for Orlando market entry, seeks GC

    Extreme recreation park signs big-box lease for Orlando market entry, seeks GC

    A Utah-based chain of indoor "extreme recreation" parks with trampolines, ninja obstacle courses, parkour zones and more is preparing its Orlando market entry, set to lease a vacant big box retail space and invest $2.6 million between now and May. Recently signed for the 30,000-square-foot anchor...

  • RIDA adding more retail space at downtown ChampionsGate

    RIDA adding more retail space at downtown ChampionsGate

    Downtown ChampionsGate could be getting an artisan bakery among its new retail offerings in 2018. RIDA Development Corp. plans to break ground in January on a 9,400-square-foot multi-tenant retail building, bringing the total amount of retail space in front of The Gate apartments to 24,000 square...

  • New Leesburg-area mall owners update city on new tenants, investment efforts

    New Leesburg-area mall owners update city on new tenants, investment efforts

    The new owners of Lake County’s only mall unveiled ambitious plans for its improvement to the Leesburg City Commission Tuesday evening, promising to bring new life to an underdeveloped property. Meir Benzaken and Laurent Abitbol, real estate investors and brokers with Exclusive Management and Properties,...

  • Australian chocolate bar & restaurant to make U.S. market entry via I-Drive

    Australian chocolate bar & restaurant to make U.S. market entry via I-Drive

    An Australian chocolate bar and café with more than 230 stores worldwide is planning its U.S. market entry via Orlando's International Drive, taking vacant restaurant space next to a long-anticipated future attraction. To be located at 7653 International Dr., the dual-tenant retail building lies...

  • Excelsior preps for grading, infrastructure work on 38 acres along Palm Pkwy & I-4

    Excelsior preps for grading, infrastructure work on 38 acres along Palm Pkwy & I-4

    Colorado-based Excelsior Capital Partners is pursuing mass grading and infrastructure work for 38.8 acres it owns along Interstate 4 in Orlando's tourism corridor, with sale and subdivision in sight for 2018.  An investor in distressed debt and real estate, Excelsior bought the land in September...

  • Local craft beer enthusiasts prep new brewery in south Downtown Orlando

    Local craft beer enthusiasts prep new brewery in south Downtown Orlando

    A team of four local home-brew enthusiasts are ready to go all-in on a new local brewery business together, preparing to lease and repurpose a small industrial building in south Downtown Orlando in anticipation of new mixed-use development in the vicinity. Sean Burke, a local information technology...

  • First USDA-certified organic juice bar in U.S. makes push into Greater Orlando

    First USDA-certified organic juice bar in U.S. makes push into Greater Orlando

    Clean Juice, the first and only USDA-certified organic juice bar in the United States, has opened its first Central Florida location in Winter Park and has five more slated for Greater Orlando. The company opened two weeks ago in Winter Park Village, and has a second regional opening expected at...

  • Equinox sells Oviedo Point strip center to Dallas-based investors

    Equinox sells Oviedo Point strip center to Dallas-based investors

    One year after starting vertical construction on a multi-tenant strip center in its Oviedo Point development, Equinox Development Properties has sold the center to Dallas-based Crow Holdings Capital Real Estate. Equinox, through affiliate company Oviedo Point Investors LLC, sold the two-acre shopping...

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  • 7-Eleven readies plans for two new store sites in Downtown Orlando

    7-Eleven readies plans for two new store sites in Downtown Orlando

    Convenience store and fuel station chain 7-Eleven has filed plans for two new sites under contract in Downtown Orlando, which are part of six new locations in the city projected to open in 2018. A master plan was filed with the city in late October to occupy the 2,700-square-foot corner anchor...

  • New self storage developer & hotel plans lined up for Ravaudage in Winter Park

    New self storage developer & hotel plans lined up for Ravaudage in Winter Park

    Dan Bellows' Benjamin Partners Ltd. has sold its self storage development pad in the 73-acre Ravaudage property in Winter Park, and signed a new hotel flag for a mixed-use building in the master-planned community.  Site work is underway on a 1.05-acre parcel in Ravaudage at the northwest corner...

  • Osceola County seeking LOIs for real estate brokerage and leasing services

    Osceola County seeking LOIs for real estate brokerage and leasing services

    Osceola County is seeking Letters of Interest (LOI) for real estate brokerage and property management services on a county-wide continuing contract, according to an RFLOI issued on Sunday. Procurement Director Rebecca Jones said this contract would not entail the marketing or leasing of properties...

  • Taurus seeks rezoning & land use changes for dense commercial on NW Orlando site

    Taurus seeks rezoning & land use changes for dense commercial on NW Orlando site

    Global real estate firm Taurus Investment Holdings is readying more than 40 acres of undeveloped land in northwest Orlando for future development, starting with plans for three commercial lots along Princeton Road, west of John Young Parkway. The three lots comprise 4.74 acres out of a 29.26-acre...

  • Orlando developer eyes mixed-use on 35 acres south of Reunion Resort

    Orlando developer eyes mixed-use on 35 acres south of Reunion Resort

    Orlando-based K4 Investments is eyeing a 34.6-acre assemblage on C.R. 532 in Osceola County for mixed-use development just southeast of Reunion Resort, which could introduce some much needed office space to the Four Corners market. K4 President Tony Kostantinidis currently owns a 12.5-acre parcel...

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  • Hill Gray Seven puts Leesburg retail site under contract for redevelopment

    Hill Gray Seven puts Leesburg retail site under contract for redevelopment

    Local developer Hill Gray Seven has a new multi-tenant retail site in Leesburg under contract, and is pursuing more land in Greater Orlando's secondary markets that national tenants have been clamoring for. Closing on the 1-acre site is anticipated by mid-December or earlier, founder and CEO Gregg...

  • Osceola County negotiating land swap for future expansion of Heritage Park

    Osceola County negotiating land swap for future expansion of Heritage Park

    Osceola County is set to spend $3.48 million of tourist development tax money to buy a retail strip center at the back entrance of Osceola Heritage Park for future expansion of the venue. County Commissioners approved the purchase contract on Oct. 16 for the property at 1912 Fortune Road. Built...

  • Toronto-based REIT pays $24M for third retail center in Greater Orlando

    Toronto-based REIT pays $24M for third retail center in Greater Orlando

    Toronto-based Slate Retail REIT paid $23.8 million on Friday for its third grocery-anchored neighborhood shopping plaza in Greater Orlando, with the Miami-based seller nearly doubling their investment in four years.  Located at 8805-8995 W. Colonial Dr. in Ocoee at the intersection with Good Homes...

  • Orlando ‘Shooters World’ could break ground early 2018, pending variances

    Orlando ‘Shooters World’ could break ground early 2018, pending variances

    Work could start as soon as January on a long-promised gun superstore on the site of a former LA Fitness in southwest Orlando.  Located at 4850 Lawing Lane, southeast of the intersection of Conroy and S. Kirkman roads, the 3-acre property has been pegged since 2014 for the first Orlando location...

  • New York family pays nearly $30M for trophy retail plaza in Celebration

    New York family pays nearly $30M for trophy retail plaza in Celebration

    New York-based Ben Hur Investments paid $29.5 million within the past week for Shoppes at Celebration Place, a popular dining hub across from Disney's corporate offices. The purchase price included the firm's assumption of a $17.4 million balance of the developer's construction loan. The seller...

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  • Foxtail Coffee doubles HQ warehouse space, pursues diverse local growth plan

    Foxtail Coffee doubles HQ warehouse space, pursues diverse local growth plan

    Orlando-based Foxtail Coffee Co. has more than doubled its warehouse space in recent weeks to prepare for retail expansion in 2018, and will keep diversifying its footprint with two very different new store openings by year's end.  Foxtail recently signed a five-year lease to expand its storage...

  • Crunch Fitness lines up redeveloped Belle Isle site for Orlando market entry

    Crunch Fitness lines up redeveloped Belle Isle site for Orlando market entry

    A Georgia-based developer is helping a Crunch Fitness franchisee to open the brand's first Orlando-area location in Belle Isle, on a former grocery store site that has been demolished and redeveloped over the past year.  Located at 4400 Hoffner Ave., on the southwest corner with Conway Road, the...

  • Ulta Beauty to build flagship store in Marketplace at Dr. Phillips

    Ulta Beauty to build flagship store in Marketplace at Dr. Phillips

    Ulta Beauty is planning to open a flagship store, it's 12th in the Greater Orlando market, in Marketplace at Dr. Phillips. Unicorp National Developments CEO Chuck Whittal confirmed to GrowthSpotter that the cosmetics retailer is the tenant for an 8,200-square-foot building planned for an outparcel...

  • City Furniture to seek Orlando warehouse space in 2018 to support area stores

    City Furniture to seek Orlando warehouse space in 2018 to support area stores

    City Furniture will seek up to 120,000 square feet of warehouse space in the coming year to support its first two stores in the market that are pegged for 2019 openings, the company's president told GrowthSpotter.  The retailer has construction plans under review with the city of Orlando for a...

  • Amazon explores permit for AmazonFresh grocery service at Orlando warehouse

    Amazon explores permit for AmazonFresh grocery service at Orlando warehouse

    Amazon.com, Inc. is exploring plans to add its AmazonFresh grocery delivery service in Orlando, going so far as to file a permit request and plans in recent months to renovate part of a warehouse it's now leasing, before putting it on hold to evaluate locations and market demand.   Amazon began...

  • Tampa brothers pay $2.7M for retail strip center near UCF

    Tampa brothers pay $2.7M for retail strip center near UCF

    A Tampa-based family investment group paid $2.7 million last week for a small strip center near UCF in the 12900 block of East Colonial Drive. Built in 2009, Shoppes at Jeta Park is a 11,285-square-foot retail center that was fully leased at the time of sale.  The buyers were Hieu Le Chi and Vinh...

  • Margaritaville redesigns 50-foot entrance signs to look more tropical

    Margaritaville redesigns 50-foot entrance signs to look more tropical

    The developers of Kissimmee's new Margaritaville Resort went back to the drawing board to win approval from the county's new Architectural Review Board (ARB) for a pair of 50-foot high entertainment signs on W192. Encore Capital Management won ARB approval this week for the redesigned signs, which...

  • Lincoln Property pays $5.5M for southern portion of Church Street retail bldgs

    Lincoln Property pays $5.5M for southern portion of Church Street retail bldgs

    A local affiliate of Dallas-based Lincoln Property Company paid $5.5 million on Tuesday for the southern portion of the Church Street Station retail property, giving it control of the entire block that includes the site of its planned 28-story Tremont Plaza tower. Located at 110 and 128 W. Church...

  • New Aldi Food Market planned for Four Corners near Reunion Resort

    New Aldi Food Market planned for Four Corners near Reunion Resort

    Jacksonville-based developer The Ferber Company has Aldi Food Market under contract as the prospective grocery-anchor for its County Line Commons shopping center across from Reunion Resort. The Polk County Development Review Committee is scheduled to vote later this month on a new site plan for...

  • NJ-based REIT pays $6.8M for net-lease entertainment center in Waterford Lakes

    NJ-based REIT pays $6.8M for net-lease entertainment center in Waterford Lakes

    A New Jersey-based real estate investment trust paid $6.825 million on Friday for the land and a net-lease from owners of the Firkin & Kegler Family Entertainment Center in east Orlando's Waterford Lakes.  Located at 12850 Waterford Lakes Parkway, the 3.32-acre parcel lies on the eastern edge of...

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  • Leon Capital refines pitch for QSR & retail rezoning on Winter Park's Fairbanks Ave

    Leon Capital refines pitch for QSR & retail rezoning on Winter Park's Fairbanks Ave

    Dallas-based real estate investor and developer Leon Capital Group hopes another month of preparation will help it form the right argument to win over Winter Park officials for a contentious rezoning along busy W. Fairbanks Avenue.  Located across 1308, 1324 and 1350 W. Fairbanks Ave., the combined...

  • Mattamy lines up more land for 100+ townhomes in growing Randal Park

    Mattamy lines up more land for 100+ townhomes in growing Randal Park

    Mattamy Homes should take down another 18 acres in its growing Randal Park community in January for more than 100 townhomes, planned next to a new grocer-anchored shopping center that its seller is developing.  Located on the northeast corner of Dowden Road and Randal Park Boulevard near Lake Nona,...

  • 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...

  • Westgate preps in-house retail plans for small parcels in Orlando land portfolio

    Westgate preps in-house retail plans for small parcels in Orlando land portfolio

    Westgate Resorts is readying a handful of stand-alone retail developments for isolated land parcels it owns in Orange County. The company filed a Development Plan on Tuesday to build a 1,089-square-foot retail building on 1.16 acres at 14950 Arrena Road, which lies on Orange County's southern border...

  • Ohio developer plans addition to retail strip center in MetroWest

    Ohio developer plans addition to retail strip center in MetroWest

    Mohd Beseiso said his fully leased Orlando strip mall has done so well he figures an addition there will also prosper. The Toledo, Ohio resident owns the Metro Pointe shopping center at 5920 Metropolis Way in MetroWest, anchored by a Planet Fitness gym and an Own It Now rent-to-own store. Beseiso...

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  • Sky Powersports plans new Sanford dealership, fourth in Cen Fla

    Sky Powersports plans new Sanford dealership, fourth in Cen Fla

    Sky Powersports, a motorcycle, ATV and personal watercraft dealer, has chosen Sanford as the site for its fourth store in Central Florida. The company is targeting a vacant 3.22-acre parcel at the northwest corner of S.R. 46 and N. White Cedar Road. Sky Powersports bought the property for $770,000...

  • AIDS Healthcare Foundation buys corner lot in Downtown Orlando for new store

    AIDS Healthcare Foundation buys corner lot in Downtown Orlando for new store

    California-based non-profit AIDS Healthcare Foundation paid $2.2 million in late August for a prominent corner parcel in Downtown Orlando, and plans to introduce its affiliate retail store with a low-cost pharmacy and blood testing service.  Located at 1349 N. Mills Ave., the 0.57-acre vacant lot...

  • Seritage files plans for two new dining outparcels at Fashion Square

    Seritage files plans for two new dining outparcels at Fashion Square

    New York-based REIT Seritage Growth Properties has lined up Darden Restaurants' Longhorn Steakhouse and a new prototype-design Olive Garden for the first two new outparcels on its property at Orlando's Fashion Square Mall, and has a third in lease negotiations with Mission BBQ.  Dubbed "The Shoppes...

  • Palm Beach investors pay $17M for NNN-leased retail site in Winter Park via 1031

    Palm Beach investors pay $17M for NNN-leased retail site in Winter Park via 1031

    A Palm Beach-based couple paid more than $16.95 million this week for the NNN-leased and newly-opened Orchard Supply Hardware store property in Winter Park, with more acquisitions in September to fulfill a 1031 exchange opportunity.  Located at 1111 S. Orlando Ave., northwest of the intersection...

  • Office tower owner in Downtown Orlando plans 28k SF of ground-floor retail

    Office tower owner in Downtown Orlando plans 28k SF of ground-floor retail

    Miami-based real estate investment firm Steelbridge Capital is investing more than $2 million to reposition the ground floor of its 16-story office tower in Downtown Orlando for more than 28,000 square feet of new retail and dining space.  Located at 20 N. Orange Ave. on the northwest corner with...

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