Retail & Restaurants Developments

  • Fast-growing gourmet mini-burger chain to open multiple Orlando-area locations

    Fast-growing gourmet mini-burger chain to open multiple Orlando-area locations

    An Israeli fast-casual concept that focuses on gourmet, customizable mini-burgers is getting ready to make a big entry into the Florida market. "We have over 70 stores coming to Florida in the next year," Burgerim Florida CEO Marc Bass told GrowthSpotter on Friday. Burgerim will open multiple stores...

  • Plans progress for next phases of retail, multifamily at Maitland West

    Plans progress for next phases of retail, multifamily at Maitland West

    Orlando-based MMI Development is in permitting review with the city of Maitland for the first stages of commercial development on its mixed-use Maitland West project, with retail tenants under contract and more apartments on the way.  Located on the southeast corner of Forest City Road (S.R. 434)...

  • NY investor pays $7.45M for 'trophy asset' I-Drive Red Lobster site, seeks more

    NY investor pays $7.45M for 'trophy asset' I-Drive Red Lobster site, seeks more

    A New York-based private investor paid more than $7.45 million on Thursday for a Red Lobster location on International Drive he calls his new "trophy property," and is pursuing more triple-net retail assets in Greater Orlando.  Located at 5936 International Dr., the 1.77-acre parcel features a...

  • Sports bar chain Walk-On's signs land lease on I-Drive to enter Orlando market

    Sports bar chain Walk-On's signs land lease on I-Drive to enter Orlando market

    Baton Rouge-based sports bar chain Walk-On's Bistreaux & Bar will enter the Orlando market via International Drive, signing a land lease Wednesday night with Unicorp National Developments for its last vacant pad in the I-Shops retail center. The undeveloped site features I-Drive frontage, based...

  • 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...

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  • 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...

  • 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...

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  • 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...

  • Fields Motorcars readies Phase 2 expansion for BMW South Orlando dealership

    Fields Motorcars readies Phase 2 expansion for BMW South Orlando dealership

    Fields Motorcars of Florida, Inc. is pursuing a second phase of expansion investment for its BMW South Orlando dealership, valued at more than $3 million.  Located at 9750 S. Orange Blossom Trail, the dealership has been open since 2006 and covers 6.28 acres. It began expansion plans last year...

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  • 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...

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

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

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

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  • Commercial properties across Greater Orlando battered but not broken by Irma

    Commercial properties across Greater Orlando battered but not broken by Irma

    Commercial properties across Greater Orlando were battered by the wind and rain of Hurricane Irma early Monday but weren't broken, with most owners reporting damage to landscaping, signage and building exteriors that will prompt most contractor calls in the coming days. While FEMA was still assessing...

  • Webb's Realty plans more office, retail near historic Haines City candy store

    Webb's Realty plans more office, retail near historic Haines City candy store

    Webb's Realty is seeking to rezone a portion of its nearly 40-acre block on U.S. 27 in Haines City to position it for future development. The Webb family has owned the historic Webb's Candy Shop since the 1940s. R.J. Webb said his grandfather moved the business from downtown Davenport to its current...

  • Lakefront wedding & event venue near Disney World considers expansion

    Lakefront wedding & event venue near Disney World considers expansion

    The local owner-operators of a watersports rental business and destination wedding venue near Walt Disney World are exploring options to more than double their footprint on the shore of Lake Bryan. Located on Lake Bryan Drive, east of the 13000 block of S.R. 535 and adjacent to Marriott Vacation...

  • Carvana seeks variance for signage height on new Orlando dealership fronting I-4

    Carvana seeks variance for signage height on new Orlando dealership fronting I-4

    Online auto dealer Carvana.com needs the city of Orlando to approve a sign variance to help make its glass "car vending machine" dealership tower visible along Interstate 4, with brand awareness being key to the company paying a premium last year for highway frontage.  To be located at 3507 Rio...

  • 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...

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  • 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...

  • Aldi plans for new store in Lake Wales across from Eagle Ridge Mall

    Aldi plans for new store in Lake Wales across from Eagle Ridge Mall

    Fast-growing German discount grocer Aldi Food Market is planning a new store in Lake Wales at the southwest corner of U.S. 27 and Thompson Nursery Road. Aldi is seeking to modify the existing drainage permit with the Southwest Florida Water Management District for the corner parcel in the city's...

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  • Related Group pays $10M for first 20 acres of Maitland mixed-use project

    Related Group pays $10M for first 20 acres of Maitland mixed-use project

    Miami-based The Related Group paid $10 million on Wednesday for 20 acres along Maitland's Lake Hope, where it could break ground next week on its first multifamily project in Greater Orlando, which will later be supported by 130,000 square feet of surrounding retail, potential office space and...

  • City staff push for design changes on 13-story concept along E. Livingston

    City staff push for design changes on 13-story concept along E. Livingston

    Illinois-based multifamily developer Banner Real Estate Group has the initial support of city staff for its proposed 13-story mixed-use apartment building planned in Downtown Orlando, but has also been put on notice that key design elements must change in the coming months.  Conceptual plans and...

  • Pinellas-based developer planning retail center on Four Corners site

    Pinellas-based developer planning retail center on Four Corners site

    A Pinellas County-based developer has a purchase contract on a 13-acre corner parcel on U.S. 27 in Davenport zoned for a town center. Paradise Ventures is the nation's largest developer of Publix-anchored shopping centers, and has also developed nearly 100 Walgreen's stores in eight states. It's...

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

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

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

  • Local surgeons group leads six bids made for Winter Park's 1.5-acre Fairbanks lot

    Local surgeons group leads six bids made for Winter Park's 1.5-acre Fairbanks lot

    Winter Park commissioners should decide on Monday which of six purchase and development offers to accept for a city-owned parcel along busy W. Fairbanks Avenue, with a local surgeons office pitching the highest bid and plans for a mixed-use office building.  The city began marketing in June the...

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  • Margaritaville Resort breaks ground on $90M Kissimmee hotel

    Margaritaville Resort breaks ground on $90M Kissimmee hotel

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

  • Dallas-based CRE developer enters Orlando mkt w/land east of Winter Park

    Dallas-based CRE developer enters Orlando mkt w/land east of Winter Park

    Dallas-based developer Victory Real Estate Group paid more than $2.27 million on July 21 to enter the Orlando market, buying land east of Winter Pines Golf Course for what will likely be a multi-tenant commercial building.  Located in the 2200 block of N. Semoran Boulevard at the southeast corner...

  • Lake Wales' McGuire Kia planning new dealership across from Eagle Ridge Mall

    Lake Wales' McGuire Kia planning new dealership across from Eagle Ridge Mall

    Dyer Auto Group has filed plans for a pair of new car dealerships on U.S. 27 in Lake Wales, across from Eagle Ridge Mall. The Vero Beach-based dealer group bought the 19-acre parcel in January for $2.2 million and already has an approved Preliminary Site Plan from the city.  The plan identifies...

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

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

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

  • Sanford Reagan Center owner draws $740k in demo funds, seeks developer

    Sanford Reagan Center owner draws $740k in demo funds, seeks developer

    Owners of the former Flea World property in Sanford have about 110 gross acres still actively marketed for sale, and are considering only buyers for the entirety while they finish installing a master lift station on what was once dubbed "America's Largest Flea Market."  Seminole County Commissioners...

  • Connecticut-based CRE investor pays $9.77M for Lake Nona Sam's Club site

    Connecticut-based CRE investor pays $9.77M for Lake Nona Sam's Club site

    Connecticut-based real estate investor David A. Mack Properties paid $9.77 million on Friday for two Sam's Club-anchored lots at Lake Nona Landing, a month after selling two outparcels up the road.  Located at 11920 and 11912 Narcoossee Road, Mack's affiliate LLCs DAM Moss Parc and Mack Moss Parc...

  • Dowdys plan 2nd new I-Drive inline retail bldg south of Wet 'n Wild site

    Dowdys plan 2nd new I-Drive inline retail bldg south of Wet 'n Wild site

    Dowdy Properties, a mainstay commercial real estate owner and operator on International Drive, has a new inline retail building next to Universal Orlando's former Wet 'n Wild property that's fully leased with tenants new to the submarket, and plans to clear land for another new building next year. ...

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

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

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

  • Owners pitch historic reno of Parramore bldg near stadium w/new gastropub

    Owners pitch historic reno of Parramore bldg near stadium w/new gastropub

    Owners of a half-vacant retail building near Orlando City Soccer Club's new stadium in Parramore are proposing a historic renovation for a new bar and restaurant, the first phase of what may be multiple property redevelopments they'd pursue in the immediate area.  Located at 532 W. Church St.,...

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

    Osceola DRC approves Tavistock's Sunbridge Phase 1 concept plan

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

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  • PetSuites plans Florida market entry via Winter Springs, land under contract

    PetSuites plans Florida market entry via Winter Springs, land under contract

    PetSuites of America, a high-end boarding and grooming service for dogs and cats, plans to make its Florida debut on the southeast corner of State Roads 434 and 417 in Winter Springs. The company has submitted a final site plan for the new spa and kennel to Winter Springs planning staff, and has...

  • CRE investor eyes Orlando's tourism corridor for new U.S. Cricket League

    CRE investor eyes Orlando's tourism corridor for new U.S. Cricket League

    Pennsylvania-based Global Sports Ventures has named Orlando among eight U.S. markets targeted for a new professional cricket league it plans to launch by 2020, and has hired JLL's Sports and Entertainment Group to lead site selection for a potential mixed-use complex where it would build a stadium,...

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

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

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

  • Clermont boat dealership plans move and expansion w/new building

    Clermont boat dealership plans move and expansion w/new building

    Tommy’s Florida, part of a national chain of boat dealerships, has filed plans to build a new two-story, 14,000 square-foot sales and service building in Clermont to replace its current leased facility nearby. Located on the south side S.R. 50 just east of a U-Haul rental business, a Development...

  • Site work to start next week on Tremont Plaza tower, 4th office tenant signed

    Site work to start next week on Tremont Plaza tower, 4th office tenant signed

    Lincoln Property Company expects to begin tearing up gravel next week and testing pile depths on the site of its planned 28-story mixed-use Tremont Plaza tower in Downtown Orlando, and has a fourth office tenant now under contract, a lead executive with the company told GrowthSpotter.  "We're finally...

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