Retail & Restaurants Developments

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

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

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

  • Maitland office owner pursues retail-dining infill along busy thoroughfare

    Maitland office owner pursues retail-dining infill along busy thoroughfare

    A local veteran attorney is pursuing retail-commercial infill for property along a busy Maitland thoroughfare, and has more land in the vicinity that may be considered for redevelopment.  Located at 500 N. Maitland Ave., the 2.64-acre parcel is about half developed now with a three-story, 27,445-square-foot...

  • Manny's Original Chophouse preps fourth Orlando-area franchise near Disney

    Manny's Original Chophouse preps fourth Orlando-area franchise near Disney

    Lakeland-based Manny's Original Chophouse will open its fourth Orlando-area restaurant near Disney on S.R. 535 in Lake Buena Vista.  The kitschy, road trip-themed steakhouse is taking over the space at 12124 S. Apopka-Vineland Road formerly occupied by Joe's Crab Shack, which closed in July 2017....

  • New Metro Diner in Casselberry part of planned Central Florida expansion

    New Metro Diner in Casselberry part of planned Central Florida expansion

    Metro Diner, the fast-growing franchise that bills its fare as “comfort food with flair,” is preparing to break ground in Casselberry for its third Greater Orlando location while seeking more sites locally. Construction should start in mid-June on the new restaurant, which will be built on the...

  • JV developers close on high-traffic corner in downtown Orlando, prep for new retail

    JV developers close on high-traffic corner in downtown Orlando, prep for new retail

    An affiliate of local developer Liberty Investment Properties paid $3.7 million last week for a prominent corner parcel in downtown Orlando, with plans approved to redevelop for a self-storage and retail building and demolition anticipated to start by July. Located at 107 Hillcrest St. on the southeast...

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  • Italian CRE investor diversifies outside tourism corridor w/Apopka property

    Italian CRE investor diversifies outside tourism corridor w/Apopka property

    An Italian real estate investor with holdings on Orlando's International Drive paid $2.5 million last week to diversify outside the tourism corridor, buying an Apopka building where the seller flipped the asset in less than a year for a $650,000 profit. Silvio Sonnino's affiliate Yes-Roma Park...

  • Design evolves for tri-tower project in downtown Orlando w/green elements

    Design evolves for tri-tower project in downtown Orlando w/green elements

    Manhattan-based developer Property Markets Group (PMG) is pushing new green design elements for its proposed three-tower residential project in downtown Orlando, and has drawn city staff feedback this week that is complimentary and critical of some aspects.  The company filed plans last month for downtown's...

  • Fort Lauderdale investor buys into Orlando market with rehab vision for auto mall

    Fort Lauderdale investor buys into Orlando market with rehab vision for auto mall

    A Fort Lauderdale-based real estate investor made his first Orlando-area acquisition last week on busy E. Colonial Drive, with plans to renovate and market as an automobile mall anchored by a new Avis Car Sales dealership. Aron Elkaim, through his company Colonial Auto Plaza LLC, paid $2.355 million...

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

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

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

  • Walk-On's franchisee talks I-Drive design and two more Orlando-area sites

    Walk-On's franchisee talks I-Drive design and two more Orlando-area sites

    Baton Rouge-based sports bar chain Walk-On's Bistreaux & Bar is close to signing two more leases for sites in Orlando and Kissimee's tourism corridors to follow its first on International Drive, and anticipates up to seven in the local market, the company's franchisee told GrowthSpotter.  Craig...

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  • Sun Terra buys Hills of Minneola for $70M+, plans construction this year

    Sun Terra buys Hills of Minneola for $70M+, plans construction this year

    Oviedo-based developer Sun Terra Communities paid $70.8 million last week for the balance of The Hills of Minneola, an approved Planned Unit Development in Lake County that's entitled for nearly 4,000 homes. The property straddles all four corners of the Minneola - Florida Turnpike interchange...

  • Developer works around approval roadblock for TOD project near Sand Lake SunRail

    Developer works around approval roadblock for TOD project near Sand Lake SunRail

    An affiliate of Aventura-based Master Real Estate will pursue mass grading of its 18-acre site near the Sand Lake Road SunRail station while it works out parking problems for a mixed-use Development Plan. Located at 7803 S. Orange Ave., the property includes 18 gross acres across multiple parcels,...

  • Miami-based investors have big plans for Winter Garden shopping plaza

    Miami-based investors have big plans for Winter Garden shopping plaza

    Miami-based Core Investment Properties Fund paid $11.5 million last week for an Aldi-anchored shopping plaza in Winter Garden, its third Orlando-area retail asset, and is looking for more value-add property. "We have significant liquidity in our fund, and we'll be targeting another $50 million...

  • New retail strip planned for key corner on U.S. 27 in Davenport

    New retail strip planned for key corner on U.S. 27 in Davenport

    Miami-based Spider Group Corp. is planning a 9,000-square-foot retail strip center in the heart of the U.S. 27 distribution corridor. The company paid $1 million in 2017 for the 1.8-acre parcel at the southeast corner of U.S. 27 and Dunson Road, next to Cracker Barrel. It's a signalized intersection...

  • Taylor Morrison pays $4.3M for Hamlin Town Center subdivision site

    Taylor Morrison pays $4.3M for Hamlin Town Center subdivision site

    National homebuilder Taylor Morrison has purchased 42 acres in Hamlin Town Center in Horizon West for $4.3 million. The land on Hamlin Groves Trail lies northeast of the Walmart Supercenter at Hamlin Town Center and west of the new medical campus and proton center on New Independence Parkway. The...

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  • Dallas-based CRE group buys inline retail segment of Gardens on Millenia

    Dallas-based CRE group buys inline retail segment of Gardens on Millenia

    An investment vehicle for Dallas-based Crow Holdings Capital Real Estate paid $12.4 million last week for the inline retail buildings at BBX Capital's Gardens on Millenia development.  Located at 3525 Gardens Ridge Way in the 3700 block of Millenia Boulevard, the 2.8 acres of multi-tenant outparcel...

  • Mealey's Sport Auto Group expands with off-market Subaru dealership deal

    Mealey's Sport Auto Group expands with off-market Subaru dealership deal

    Orlando-based Sport Auto Group paid $8.4 million on Friday in an off-market deal for the land beneath a Subaru dealership in south Orlando, buying the business and inventory as well for an undisclosed price in a move to expand the Don Mealey dealership network. Located at 9951 S. Orange Blossom...

  • City Furniture to open third local store in concert with Ocoee distribution center

    City Furniture to open third local store in concert with Ocoee distribution center

    City Furniture will open a third retail showroom in Greater Orlando in part of the Ocoee light industrial building that it's leasing for a new regional distribution center, a lead executive with the company told GrowthSpotter.  The home furnishings retailer was announced this past Tuesday as having...

  • Flagship plans self-storage and retail for site in growing Lee Vista submarket

    Flagship plans self-storage and retail for site in growing Lee Vista submarket

    Lake Mary-based developer Flagship Companies Group is staking its claim to another future self-storage site in Greater Orlando, filing plans and bringing land under contract in the Lee Vista submarket.   The 3.59-acre property lies along S. Goldenrod Road in southeast Orlando, behind a Murphy fuel...

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

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

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

  • New fitness firm joins Pennington Development in mixed-use near Oviedo

    New fitness firm joins Pennington Development in mixed-use near Oviedo

    A fitness firm billing itself as the first of its kind will partner with Winter Park-based Pennington Development Group in developing two retail-commercial buidings near Oviedo. BioFit Performance will open its first fitness center in one of the buildings at the southwest corner of S.R. 426 and...

  • Two large new tenants put Ocoee's Park @ 429 at full occupancy, next phase nears

    Two large new tenants put Ocoee's Park @ 429 at full occupancy, next phase nears

    Large new retail tenant leases have the first two buildings of The Park @ 429 industrial park in Ocoee at 96 percent occupancy, with another two lots now under contract to direct users for their own 50,000-square-foot buildings.  The newest signee is Maintenance Supply Headquarters, which will...

  • PMG lead exec talks placemaking vision & timeline for downtown Orlando project

    PMG lead exec talks placemaking vision & timeline for downtown Orlando project

    Manhattan-based real estate developer Property Markets Group (PMG) wants to offer the lowest price-per-bed rents in downtown Orlando among new Class A multifamily, and will move quickly to close on a N. Orange Avenue site and break ground this year on its proposed three-tower project, a lead executive...

  • Encore planning upscale retail and dining village in Reunion

    Encore planning upscale retail and dining village in Reunion

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

  • Developer readies mixed-use plans with multifamily for SE Lake Nona corner

    Developer readies mixed-use plans with multifamily for SE Lake Nona corner

    South Florida-based Futura Development Company has settled on its mixed-use lineup for more than 9 acres in southeast Lake Nona, filing plans this week with an eye toward groundbreaking in First Quarter 2019.  The developer submitted its Master Plan on Monday to the city of Orlando for a project...

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

    Self-storage sought for former grocery store site in Kissimmee

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

  • Boca Raton-based CRE investors pay $40M to enter Orlando via Dr. Phillips

    Boca Raton-based CRE investors pay $40M to enter Orlando via Dr. Phillips

    A Boca Raton-based commercial investment group paid more than $40.05 million earlier this month to enter the Orlando market, buying the Dellagio Shopping Center and offices in Dr. Phillips.    Located at 7924-8075 Via Dellagio Way along W. Sand Lake Road, the property has 109,000 square feet of...

  • Bellows buys retail and office building at Ravaudage, plans to expand footprint

    Bellows buys retail and office building at Ravaudage, plans to expand footprint

    Ravaudage developer Dan Bellows paid $5.7 million on Friday through an affiliate to reacquire an anchor piece of his 73-acre Winter Park project, buying a multi-tenant restaurant and office building with plans to expand. The seller was an affiliate of Unicorp National Developments CEO Chuck Whittall,...

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

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

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

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

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

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

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  • New outparcels prepped for Phase 2 of Oviedo retail center, builder sought

    New outparcels prepped for Phase 2 of Oviedo retail center, builder sought

    Tailwinds Development will be adding a combined 10,000 square feet of new retail this year to a Publix-anchored shopping center in Oviedo, and should begin seeking a builder next month, the company's president told GrowthSpotter.  The Shoppes at Sterling Creek on West C.R. 419 in Oviedo will be...

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

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

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

  • Clearwater developer plans neighborhood retail center at Narcoosee-Tyson corner

    Clearwater developer plans neighborhood retail center at Narcoosee-Tyson corner

    Clearwater-based Epic Development has nearly 10 acres under contract in the heart of Orlando's Narcoossee-Lake Nona submarket, and submitted plans this week for a neighborhood retail center. Located at 10113 Tyson Road, the 9.7-acre property lies on the northeast corner of the Narcoossee Road intersection....

  • Chiropractor clinic chain planning major expansion in Greater Orlando

    Chiropractor clinic chain planning major expansion in Greater Orlando

    The Joint Chiropractic is targeting the Orlando area for a major expansion with plans to open up to 15 new clinics in the market, a lead executive told GrowthSpotter. "We're looking to be in every major trade area," regional brand developer Shane Weber said Wednesday.  The Arizona-based franchise...

  • Third local McAlister's Deli planned for Winter Garden, more sites sought

    Third local McAlister's Deli planned for Winter Garden, more sites sought

    McAlister’s Deli, home to spuds, sweet tea and two-fisted sandwiches, will open a new location later this year in Winter Garden’s yet-to-be-developed Gardenia Plaza, with a local franchisee in search of at least two more sites.  Mark Graff, one of the principals in the Good Eats Florida LLC franchise...

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  • Lucky's Market signs for 8th area store with Unicorp's Griffin Farm in Lake Mary

    Lucky's Market signs for 8th area store with Unicorp's Griffin Farm in Lake Mary

    Lucky's Market has signed for what is anticipated as its eighth area location in Lake Mary with Unicorp National Development's 33-acre Griffin Farm Town Center project, the developer announced Friday morning. The Colorado-based specialty grocer will conduct a ground lease with Unicorp for a 29,000-square-foot...

  • Orion pays $9.6M to expand Sand Lake Road footprint in Dr. Phillips

    Orion pays $9.6M to expand Sand Lake Road footprint in Dr. Phillips

    Miami-based Orion Real Estate Group paid $9.6 million last week to expand its commercial footprint in Dr. Phillips, buying the ground-floor retail segment of a prominent apartment building right next to a mixed-use property it already owns.   Located at 7341 W. Sand Lake Road, this ground-floor...

  • Youth sports complex back in the running for prime W192 site near Margaritaville

    Youth sports complex back in the running for prime W192 site near Margaritaville

    The demise of a proposed motorsports attraction on the W192 tourist corridor has cleared the way for a New Jersey-based developer to resume negotiations with Osceola County for a youth sports complex and town center at the site. LifeSports USA was negotiating to buy the 217-acre parcel at the W192...

  • Margaritaville developer signs movie theater & arcade to shopping center

    Margaritaville developer signs movie theater & arcade to shopping center

    Studio Movie Grill (SMG) and GameTime headline the list of tenants confirmed for the newly renamed SunsetWalk at Margaritaville Resort Orlando. The Texas-based movie theater chain is making its Orlando market entry three years after opening its first two Florida locations in the Tampa Bay area....

  • Tampa developer enters Winter Park market w/car wash site redevelopment

    Tampa developer enters Winter Park market w/car wash site redevelopment

    Tampa-based developer Wagner Property Group paid $3.05 million on Wednesday for its first retail property in Winter Park, with plans to demolish and build anew for a financial services client. Located at 633 N. Orlando Ave., the 0.8-acre parcel lies directly west of the Winter Park Village shopping...

  • LeCesse closes on land for new SoDo district apts, plans February start

    LeCesse closes on land for new SoDo district apts, plans February start

    Altamonte Springs-based LeCesse Development Corp. paid $5.625 million last week for its portion of a three-way joint venture in Orlando's SoDo district, and should break ground there within days on the Phase 1 apartments at "Lucky's Corner." The merchant builder partnered in 2016 with local developers ...

  • Winter Haven bank to downsize, redevelop site with multi-tenant retail center

    Winter Haven bank to downsize, redevelop site with multi-tenant retail center

    SunTrust Bank wants to raze its 30-year-old bank building on Cypress Gardens Boulevard in Winter Haven and redevelop the site with a multi-tenant retail center. SunTrust is seeking a Planned Unit Development for the 2-acre site, which also includes a remote parking lot. The existing 26,300-square-foot...

  • Woolbright pursues specialty grocer for Apopka retail center redevelopment

    Woolbright pursues specialty grocer for Apopka retail center redevelopment

    Boca Raton-based Woolbright Development is pursuing partial redevelopment of a retail power center in Apopka, with plans to bring that market its first specialty grocer.  Located at 2121 E. Semoran Blvd. on the northwest corner with Wekiva Springs Road, the 24.74-acre site is known as Wekiva Riverwalk...

  • Stewart's All American exec scouting Orlando for new restaurant locations

    Stewart's All American exec scouting Orlando for new restaurant locations

    Stewart's All American President Jim LaGanke was in Orlando Tuesday scouting possible locations, including one on the W192 tourism corridor, for the New Jersey-based restaurant's big Florida expansion. Known for its old-fashioned burgers and root beer floats, Stewart's has been a mainstay in the...

  • Vertical mixed-use infill development sought for Thornton Park lot

    Vertical mixed-use infill development sought for Thornton Park lot

    A local retiree and new commercial property investor is exploring vertical, mixed-use infill development for one of the last vacant lots in downtown Orlando's Thornton Park district. Located at 811 E. Washington St., the 0.14-acre parcel was formerly a single-family home lot, and lies in the heart...

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  • Canadian developer to raze Roomba Inn on W192 for new Hilton flag, retail plaza

    Canadian developer to raze Roomba Inn on W192 for new Hilton flag, retail plaza

    Ontario-based CTN Developments will raze a 400-room hotel next to Kissimmee's Old Town this spring to make way for a new Hilton flag hotel and 60,000 square feet of retail.  "We're looking at starting construction in early April," CTN Vice President Abdul Alshoghri told GrowthSpotter on Wednesday....

  • Leesburg approves rezoning of 2,631 acres for The Villages w/developer's agreement

    Leesburg approves rezoning of 2,631 acres for The Villages w/developer's agreement

    Leesburg Commissioners voted Monday night to give initial approval for a new development of The Villages in its city limits, approving Age-Restricted Development (ARD) zoning for 2,631 acres near the Florida Turnpike. Commissioners also approved a development agreement between the city and The Villages...

  • Retail site under contract at mixed-use Veranda Park in MetroWest

    Retail site under contract at mixed-use Veranda Park in MetroWest

    Canadian developer Geosam Capital has its first buyer under contract for a retail site neighboring the 150-unit The Residences at Veranda Park apartments in MetroWest, a project that could build momentum for new commercial and multifamily in the mixed-use community. Ladybird Academy, a chain of...

  • Kissimmee restaurant owner to build new multi-tenant space on Publix outparcel

    Kissimmee restaurant owner to build new multi-tenant space on Publix outparcel

    The owners of a popular Latin restaurant in Kissimmee paid $1 million last week for a 1-acre outparcel at the Publix-anchored Pleasant Hill Commons, and plan to build a new restaurant with attached in-line retail. Margarita and Leonardo Lopez currently operate the Maracas Restaurant across the...

  • Ripley Entertainment buys more Universal Blvd land, forecasts retail use

    Ripley Entertainment buys more Universal Blvd land, forecasts retail use

    Orlando-based Ripley Entertainment Inc. paid $7.6 million on Friday for more than 17 acres off of Universal Boulevard, along with rights for retail development that would allow a large museum, giving it 40 contiguous acres in the tourism corridor.  The company also updated plans last week for land...

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  • Impact fee increase prompts owner to file construction plans for Osceola project

    Impact fee increase prompts owner to file construction plans for Osceola project

    An Orlando investment firm is accelerating design work on a 28-acre mixed-use project near Kissimmee's NeoCity tech district, in order to get permits approved before Osceola County's school impact fees and mobility fees double in May. Osceola County has guaranteed that any plans submitted by March...

  • Emerson plans second wave of retail sites for Eagle Creek community

    Emerson plans second wave of retail sites for Eagle Creek community

    An affiliate of Altamonte Springs-based developer Emerson International is planning a new grocer-anchored strip center and outparcels for its Eagle Creek golf community in southeast Orange County, set across the street from a Publix-anchored center. Eagle Creek Development Corp. filed a Development...

  • Former Kmart anchor space to be redeveloped at Winter Springs center

    Former Kmart anchor space to be redeveloped at Winter Springs center

    Construction slated to start this month should breathe new life into the Promenade at Tuskawilla shopping center at Red Bug Lake and Tuskawilla roads near Winter Springs. Tuskawilla Park SC, Ltd., a private partnership which owns the 217,000-square-foot center, plans to spend $5 million redeveloping...

  • Local investor takes down 10 acres near Vineland Outlets, eyes hotel developers

    Local investor takes down 10 acres near Vineland Outlets, eyes hotel developers

    Affiliates of local real estate investor Wayne J. Hilmer Sr. paid more than $5 million on Thursday for nearly 10 acres east of Vineland Premium Outlets, with one hotel buyer under contract and two more hotel pads being pushed. Located north of the Publix-anchored Regency Village shopping center,...

  • Partner in Artegon mall ownership talks redevelopment vision, success of outlets

    Partner in Artegon mall ownership talks redevelopment vision, success of outlets

    Redeveloping the 104-acre Artegon Marketplace property that sold on Tuesday should start late this year by filling the mall with unique new entertainment anchors, and may try to replicate the retail success of nearby outlet malls, a partner in the buyer group told GrowthSpotter.  David Goldfarb,...

  • Winter Park weighs two new offers for retail development of Lee Road parcel

    Winter Park weighs two new offers for retail development of Lee Road parcel

    The city of Winter Park has two new retail development bids for a half acre of public land along Lee Road near the Interstate 4 intersection, each offering different paths to profitability for the site. City Commissioners will be asked at their Jan. 22 meeting to consider two very different offers...

  • Amenity-rich pet boarding & grooming resort plans 3rd area location in Ocoee

    Amenity-rich pet boarding & grooming resort plans 3rd area location in Ocoee

    A Jacksonville-based pet boarding "resort" and grooming business is planning its third Orlando-area location in Ocoee, with more than 3 acres recently bought and a groundbreaking anticipated by April.  To be located at 1175 Tomyn Blvd., the 3.35-acre project site lies along S.R. 429, just north...

  • Miami developer buys Artegon mall land, eyes car museum & entertainment center

    Miami developer buys Artegon mall land, eyes car museum & entertainment center

    An affiliate of Miami-based Dezer Development paid $23.75 million on Tuesday for the 104-acre Artegon Marketplace property in Orlando's tourism corridor, with early plans for mixed-use and new attractions that would maintain the shopping mall, a lead executive with the company told GrowthSpotter....

  • Local developer sells Poinciana two-tenant retail building for $2.3M

    Local developer sells Poinciana two-tenant retail building for $2.3M

    Longtime Orlando real estate broker and developer Alan Charron has sold the second of three Walmart outparcels fronting on Poinciana's Cypress Parkway. Charron, founder of Real Property Specialists, sold a two-tenant retail building on the middle lot last week for $2.3 million. The 5,333-square-foot...

  • 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...

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