Retail & Restaurants Developments

  • 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...

  • 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. The property at 1875 S. Orlando Ave. is comprised...

  • 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...

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  • 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...

  • 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...

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  • 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...

  • 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...

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  • 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...

  • 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...

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  • 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...

  • 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...

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  • Kissimmee shopping center sale helps fund retirement dreams

    Kissimmee shopping center sale helps fund retirement dreams

    Charles and Nicholas Hasker got their start in the property management field as teenagers in St. Cloud, mowing lawns at their parents' trailer park on Lake Runnymede.   After selling the park, the brothers accumulated several small shopping centers - always focusing on centers with long-term, mom-and-pop...

  • Local contractor plans artisan furniture showroom & cocktail bar in Ivanhoe Village

    Local contractor plans artisan furniture showroom & cocktail bar in Ivanhoe Village

    Local specialty contractor Michael Blaise is preparing a new artisan furniture store and specialty bar for renovated space in Downtown Orlando's Ivanhoe Village neighborhood.  Three years ago, Blaise and partner Amy Smith converted an old storage warehouse at 1427 N. Orange Ave. into The Lucky...

  • Orlando-area Shriners buy ex-restaurant in Apopka to renovate as new HQ

    Orlando-area Shriners buy ex-restaurant in Apopka to renovate as new HQ

    The Bahia Shriners will soon begin renovating a former restaurant in Apopka that will serve as the organization's new temple for members from six Central Florida counties. The Shriners paid $1.625 million for 1.49 acres at 3101 E. SR 436, according to a deed recorded Oct. 3 in Seminole County....

  • Tavistock plans 11-story apt building w/distillery across from Nona Town Center

    Tavistock plans 11-story apt building w/distillery across from Nona Town Center

    Tavistock Development Company is readying plans in Lake Nona to develop an 11-story mixed use building directly across from its future 100-acre Lake Nona Town Center commercial district, to include a 151-unit apartment complex, ground-floor retail and a restaurant with distillery. Located on the...

  • Hanlex pitches two Dollar stores, but new design guidelines could scuttle E192 site

    Hanlex pitches two Dollar stores, but new design guidelines could scuttle E192 site

    Apopka-based Hanlex Civil plans to develop two Dollar General stores in Kissimmee, but new design guidelines for the E192 CRA district could eliminate the project across from the Florida Turnpike exit. Hanlex Vice President Jeremy Anderson and project manager Jason Bullard met Tuesday with Osceola...

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  • Roomba Inn owner awaits final approval from Hilton for W192 redevelopment

    Roomba Inn owner awaits final approval from Hilton for W192 redevelopment

    The owners of the Roomba Inn & Suites on W192 plan to demolish the 30-year-old hotel and replace it with a pair of seven-story flag hotels and a retail/entertainment center, linking the complex to the neighboring Old Town complex. The W192 Redevelopment Authority will get a look this week at the...

  • Leon Capital Group buys Winter Park funeral home, plans redevelopment

    Leon Capital Group buys Winter Park funeral home, plans redevelopment

    Dallas-based real estate investor and developer Leon Capital Group boosted its asset portfolio in Orlando last Thursday, spending $2.95 million for a 1.52-acre Winter Park property it will redevelop for office and retail.  Located across 1308, 1324 and 1350 W. Fairbanks Ave., the property lies...

  • New owner to demolish vacant W192 restaurant, add more retail

    New owner to demolish vacant W192 restaurant, add more retail

    Orlando real estate broker and investor Mohommed Diab plans to demolish a long-vacant restaurant on the W192 tourist corridor and build a new retail strip anchored by a 10,000-square-foot Dollar Tree store. Diab's Cane Island Realty LLC paid $3.3 million in May for the vacant, 26-year-old Cane...

  • Twistee Treat to be built with apts in Phase 1 of Intram & Blurock's Southside Shoppes

    Twistee Treat to be built with apts in Phase 1 of Intram & Blurock's Southside Shoppes

    Twistee Treat will be the first retail tenant at Blurock Commercial and Intram Investments' mixed-use Southside Shoppes development in south Downtown Orlando, and will be the lone retail segment built in Phase 1 with the 300-unit apartment complex by joint venture partner LeCesse Development Corp....

  • Art deco revamp for Edgewater Drive retail strip to precede new Princeton apts

    Art deco revamp for Edgewater Drive retail strip to precede new Princeton apts

    An art deco-inspired renovation is planned for the CVS-anchored Princeton Center retail strip on College Park's Edgewater Drive early next year, with work expected to run in line with construction of the 205-unit Princeton at College Park apartments next year, the property's owner told GrowthSpotter...

  • AV Homes planning retail center at Bellalago on Lake Toho

    AV Homes planning retail center at Bellalago on Lake Toho

    Residents in the Bellalago boating community on Lake Tohopekaliga could have some new shopping and dining options soon. Bellalago developer AV Homes filed plans this week with the South Florida Water Management District for a 6.5-acre retail plaza called Village Shops at Pleasant Hill Road, at...

  • Potential I-4 interchange at Daryl Carter Parkway under review by FHWA

    Potential I-4 interchange at Daryl Carter Parkway under review by FHWA

    The Federal Highway Administration (FHWA) is reviewing a new recommendation from the state to build an interchange at I-4 and Daryl Carter Parkway. If approved, construction wouldn't start until 2018 at the earliest, but the green light could spur plans for hundreds of acres on the tourism corridor's...

  • Seritage files multi-phase plan for Fashion Square Sears parcel w/retail & multifamily

    Seritage files multi-phase plan for Fashion Square Sears parcel w/retail & multifamily

    New York-based real estate investment trust Seritage Growth Properties has a mixed-use redevelopment vision for its 17.98-acre Sears-anchored parcel at Orlando Fashion Square Mall, filing a new master plan with the City of Orlando that details dining and retail outparcels, and a multifamily second...

  • Parc Central neighborhood retail planned between Windermere & Horizon West

    Parc Central neighborhood retail planned between Windermere & Horizon West

    A local commercial real estate broker is coordinating the development of a new neighborhood retail center near the Summerport subdivision, between Windermere and Horizon West.  Located at 5337 Keene's Pheasant Dr., the 1.08-acre parcel lies on the northwest corner of Bridgewater Crossings Boulevard...

  • Kissimmee retail and soccer complex plan looks 'awesome'

    Kissimmee retail and soccer complex plan looks 'awesome'

    Kissimmee's Development Review Committee signed off Tuesday on Mixed Use PUD rezoning for a 4.5-acre parcel on West Vine Street for a covered soccer complex, with retail and office buildings in front. The rezoning of the site, home to a former Sonny's BBQ restaurant, moves on to the Planning Advisory...

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  • New retail, restaurant pads planned north of Margaritaville Resort

    New retail, restaurant pads planned north of Margaritaville Resort

    Saudi Arabia-based owners of a 2.3-acre parcel on Kissimmee's W192 tourism corridor are the latest to try and capitalize on proximity to the 300-acre Margaritaville Resort, preparing plans for restaurant and retail pads across the street.  The property lies in the 8000 block of W. Irlo Bronson...

  • Cole Capital pays $8.8M for At Home superstore in Kissimmee

    Cole Capital pays $8.8M for At Home superstore in Kissimmee

    Cole Capital has purchased a Kissimmee home decor big box for $8.8 million. The Phoenix-based non-traded REIT used affiliate VEREIT HM KISSIMMEE to complete the acquisition. VEREIT manages $7.0 billion of gross real estate investments on behalf of the Cole Capital non-listed REITs. The REIT has...

  • Tavistock plans TaylorMade's Drive Shack driving range complex for Lake Nona

    Tavistock plans TaylorMade's Drive Shack driving range complex for Lake Nona

    Tavistock Development Company wants to develop 15 acres in Lake Nona as an interactive golf-themed dining and entertainment facility named Drive Shack, in what may be the first location nationwide for a new concept announced by TaylorMade Golf Company earlier this year, similar to the Topgolf attraction...

  • Steakhouse owner invests in historic downtown Eustis real estate

    Steakhouse owner invests in historic downtown Eustis real estate

    Local realtor Leigh Ann Pippin signed a two-year purchase agreement in 2014 to buy a cavernous brick building in downtown Eustis that was a bit down in the heels. On Sept. 1, her LLC affiliate closed on the building, which in the interim has become a hopping steakhouse restaurant famous for hand-crafted...

  • Guess Corp targets Orlando for ultra-luxury, members-only fuel station club

    Guess Corp targets Orlando for ultra-luxury, members-only fuel station club

    Durham-based conglomerate The Guess Corporation has targeted Orlando among the first 15 markets where it plans to launch a chain of ultra-luxury fuel station/convenience stores in the next year dubbed GP Club, modeled as country clubs with annual memberships, the company announced on Sept. 2.  ...

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  • Cask & Larder owners to expand parking, landscape Winter Park corner

    Cask & Larder owners to expand parking, landscape Winter Park corner

    James and Julie Petrakis, chefs and owners of The Ravenous Pig, Cask & Larder and Swine & Sons in Winter Park, are taking their first step next week toward beautifying 1.197 contiguous acres the couple owns on the northeast corner of W. Fairbanks and S. Pennsylvania avenues, where they plan to...

  • Intram plans replacement Publix to anchor new Kissimmee shopping center

    Intram plans replacement Publix to anchor new Kissimmee shopping center

    Intram Investment's Sunrise City Plaza in Kissimmee will be anchored by a 46,500-square-foot Publix, which will replace the store at Poinciana Place. Intram officials have been mum on tenants, but a new site plan filed this week with the South Florida Water Management District identifies Publix...

  • Guess Corp seeks 25 Orlando sites for new fuel stations, operating partners for each

    Guess Corp seeks 25 Orlando sites for new fuel stations, operating partners for each

    A month after announcing it was hunting for convenience store and fuel station properties to buy with a close eye on Orlando, Durham-based conglomerate The Guess Corporation said Wednesday it has shifted gears, seeking undeveloped properties to build up to 25 of its own new fuel stations in Greater...

  • Mama B's Giant Subs owner to sell 2 prominent downtown land corners

    Mama B's Giant Subs owner to sell 2 prominent downtown land corners

    Owners of both Mama B's Giant Subs properties in Downtown Orlando want to retire from the sandwich business, opening up two prominent corner parcels for new retail or redevelopment.  Formally listed for sale in early August with Edward Johnston (working out of Exit Realty Central's downtown office),...

  • Miami-based developer planning huge new retail center across from The LOOP

    Miami-based developer planning huge new retail center across from The LOOP

    Miami-based Courtelis Company is planning a new retail center on 50 acres across Osceola Parkway from The LOOP in Kissimmee. Courtelis has had the property under contract since late June, but has not submitted any plans to the city yet.  Leasing agents for the company discussed the project with...

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  • AMP Group signs two new retailers & helitour operator for I-Drive properties

    AMP Group signs two new retailers & helitour operator for I-Drive properties

    AMP Group, the Orlando-based owner/operator of 10 retail properties on North International Drive, has signed a Brazilian natural foods store and menswear retailer to fill Orlando Crossings East, and a local helitour operator to take over its dual helipad plan for the parking lot of Crossings West. ...

  • NY investors buy I-Drive Bass Pro Shops for $17 million

    NY investors buy I-Drive Bass Pro Shops for $17 million

    A pair of real estate investors from New York paid $17 million this week for Orlando's Bass Pro Shops Outdoor World superstore at Artegon Marketplace. "It's a beautiful piece of property and a beautiful store," buyer Michael Aviles told GrowthSpotter on Tuesday. "We feel like it's a good long-term...

  • Artegon owner engages CBRE to market North I-Drive mall for potential sale

    Artegon owner engages CBRE to market North I-Drive mall for potential sale

    New York-based Lightstone Group, owner of Artegon Marketplace on N. International Drive, has hired the land services team of CBRE Orlando to begin marketing the 100-acre property for prospective sale, the company told GrowthSpotter on Tuesday. Lightstone said it considers Artegon "a tremendous...

  • Boca Raton-based CRE buyer flush with $300M to buy 2nd-gen retail & industrial

    Boca Raton-based CRE buyer flush with $300M to buy 2nd-gen retail & industrial

    Boca Raton-based Kin Properties has more than $300 million in capital available to buy second-generation retail and industrial properties, is drawn to Greater Orlando's stable growth, and can escrow an entire purchase price if necessary, a lead executive with the company told GrowthSpotter. Despite...

  • Future connectivity draws O'Connor Capital to 50+ acres on Daryl Carter Pkwy

    Future connectivity draws O'Connor Capital to 50+ acres on Daryl Carter Pkwy

    O'Connor Capital Partners has more than 50 acres of land owned by a Daryl Carter affiliate under contract north of Orlando Vineland Premium Outlets, with plans for a 530,000-square-foot retail power center. The developer will benefit from a key roadway connection set to break ground in early 2017,...

  • New York investor pays $11.85M for Metrowest shopping center

    New York investor pays $11.85M for Metrowest shopping center

     New York real estate investor Art Kanerviko's Rocklyn Development paid $11.85 million last week for the 33,000-square-foot shopping center known as Metrowest Shoppes. "We think it's located in a good area of Orlando," Kanerviko said Monday. "It's positioned in a mature area. The property is fully...

  • Oviedo Publix shopping center sale brings $22.26M; part of Hines REIT liquidation

    Oviedo Publix shopping center sale brings $22.26M; part of Hines REIT liquidation

    The University Palms Shopping Center near Oviedo was one of seven grocery-anchored shopping centers sold this month in the liquidation of the $1.25 billion Hines Real Estate Investment Trust.  Hines sold the 99,1272-square-foot, Publix-anchored shopping center to Preferred Apartment Communities...

  • St. Cloud waiving road impact fees for restaurants, hotels & other targeted businesses

    St. Cloud waiving road impact fees for restaurants, hotels & other targeted businesses

    If you're thinking about opening a new restaurant or hotel in St. Cloud, you might want to act in the next 17 months to take advantage of new economic development incentives for targeted businesses. The City Council in late July voted to waive road impact fees through the end of 2017 for specific...

  • New Eustis Shopping Center with Panera rising on U.S. 441

    New Eustis Shopping Center with Panera rising on U.S. 441

    Eustis’ new retail center, Shoppes of Eustis, is rising out of the ground on U.S. 441 across from Target, with vertical construction underway on three of five buildings and and a permit application in for the fourth.  The 17,651-square-foot Aldi shopping center, valued at $1.24 million, is taking...

  • Developer to downsize plan for building upgrade at Lake Mary SunRail station

    Developer to downsize plan for building upgrade at Lake Mary SunRail station

    Two years ago, Chris and Dana Mahnken had bold plans for their Station Pointe at Lake Mary mixed-use development at the city’s SunRail station platform.  Mahnken wanted to expand the existing building at 187 E. Crystal Lake Ave. to 32,000 square feet with two or three floors, mixing office space...

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