Retail & Restaurants Developments

  • Off Lease Only auto dealer preps big expansion near Orlando airport

    Off Lease Only auto dealer preps big expansion near Orlando airport

    Used car dealer Off Lease Only, Inc., is preparing to triple its footprint northeast of Orlando International Airport and solidify a claim as Greater Orlando's top-selling auto dealership by volume.  The company owns and or leases more than 28 acres on the northwest corner of Narcoossee and McCoy...

  • CRE investors plan retail corner redevelopment in Orlando's Milk District

    CRE investors plan retail corner redevelopment in Orlando's Milk District

    A pair of realtors invested in a 1.25-acre assemblage in Downtown Orlando's Milk District are pursuing partial redevelopment of a handful of retail-commercial buildings. Located on the southwest corner of N. Bumby Avenue and E. Robinson Street, just southwest of the T.G. Lee Dairy plant, the project...

  • Land owners prepping for new retail center across from Providence

    Land owners prepping for new retail center across from Providence

    The owners of 27 acres at a prime corner across from the Providence master-planned golf community in Four Corners is prepping for a grocery-anchored retail development. The Gotts family has owned the property at the southwest corner of Ronald Reagan Parkway and Orange Blossom Trail (U.S. 17-92)...

  • More restaurants and apartments in the works for ChampionsGate

    More restaurants and apartments in the works for ChampionsGate

    The nation's largest Panera franchisee paid $1.3 million last week for one of the last undeveloped lots in ChampionsGate Village. Covelli Enterprises owns and operates 77 Panera Bread locations in Florida, including 32 in the Orlando area. The company acquired the lot next to Red Robin, which faces...

  • Osceola staff wants major changes to Tavistock Sunbridge plan

    Osceola staff wants major changes to Tavistock Sunbridge plan

    Osceola County's planning staff is pushing for a dramatic rewrite of the Phase 1 master plan for Tavistock Development Company's Sunbridge project. Entitlements consultant Richard Levey and other members of the Tavistock team had an hours-long meeting in April with the county's Development Review...

  • Visit Orlando to move visitors center next to Mango's, new parking garage

    Visit Orlando to move visitors center next to Mango's, new parking garage

    Visit Orlando will be more than doubling the footprint of its Official Visitors Center in the heart of International Drive, with plans to move from a small inline retail space to the vacant gift shop next to Mango's Tropical Cafe, and the Hollywood Plaza parking garage now under construction.  ...

  • Osceola razes W192 eyesore building after years of code violations

    Osceola razes W192 eyesore building after years of code violations

    Osceola County demolished an abandoned, former walk-in medical clinic on the W192 tourism corridor last week after dealing with years of code violations, and is considering what should come next for the property. The owners of the former clinic at 4721 W. Irlo Bronson Memorial Highway had racked...

  • RNR Tire Express expands into Lake County via Leesburg

    RNR Tire Express expands into Lake County via Leesburg

    The entrepreneur who started Champion Rent–To-Own furniture store recently bought a former Tuffy’s Auto repair shop in Leesburg, with plans to renovate and reopen as a national tires store.  Located at 10742 U.S. 441 across from Leesburg's Home Depot, The 4,550-square-foot building will reopen...

  • Nunziatas sell Walgreens-leased 1st floor of Downtown Orlando bldg for $6.18M

    Nunziatas sell Walgreens-leased 1st floor of Downtown Orlando bldg for $6.18M

    The brothers and co-CEOs of FBC Mortgage drew nearly $6.18 million last week from an investor for the Walgreens-leased first floor of Downtown Orlando's historic First National Bank building, 1.3 times what they paid for the entire property in 2014.  Located at 190 S. Orange Ave. on the northwest...

  • Artegon owner preps own mixed-use redevelopment concepts for I-Drive mall

    Artegon owner preps own mixed-use redevelopment concepts for I-Drive mall

    New York-based Lightstone Group is working with VHB, Inc., on its own mixed-use redevelopment plans for the 104-acre Artegon Marketplace property on N. International Drive, after nearly nine months of marketing the asset for sale.  Envisioning a mix of retail-commercial, hotels and multifamily...

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  • D.R. Horton planning new South region HQ building near Lake Nona

    D.R. Horton planning new South region HQ building near Lake Nona

    D.R. Horton, the nation's largest homebuilder, is prepping to move its South Regional headquarter operations to East Park, a Horton-planned community just east of Lake Nona proper. Horton forward planning manager Chris Wrenn filed a Master Plan last week with the City of Orlando for a nearly 50,000-square-foot...

  • Vacant W192 restaurant to be converted into culinary school & test kitchen

    Vacant W192 restaurant to be converted into culinary school & test kitchen

    The owner of a restaurant equipment supply company in New York plans to open a culinary school and test kitchen in Kissimmee this year, company executives told GrowthSpotter on Wednesday. W192 Development Authority Executive Director David Buchheit said he met Tuesday with owner Manuel Lebron and...

  • Orange planners prep new code to drive vertical redevelopment in Pine Castle Dist.

    Orange planners prep new code to drive vertical redevelopment in Pine Castle Dist.

    Orange County planners are working with stakeholders from a 500-acre area of the Pine Castle District to write a new form-based code that can drive dense, mixed-use redevelopment along a 3.8-mile stretch of S. Orange Avenue, with the Sand Lake SunRail station a focal point. Bounded by Hoffner Avenue...

  • Upshot Capital has big plans for 28-acre site on E192 tech corridor

    Upshot Capital has big plans for 28-acre site on E192 tech corridor

    An Orlando real estate investment group is expected to close on the purchase of a 28-acre vacant commercial site on Kissimmee's E192 tech corridor in late June, and plans more than $55 million in mixed-use construction. Upshot Capital Advisors CEO Raul Socarras told GrowthSpotter he envisions a...

  • New retail plans in varied stages around Ocoee's Colonial-Maguire intersection

    New retail plans in varied stages around Ocoee's Colonial-Maguire intersection

    New retail plans are in varied stages of development for three of four corners on the busy Ocoee intersection of W. Colonial Drive (S.R. 50) and Maguire Road, an area ripe for new investment with conservative traffic counts of more than 45,000 vehicles per day. On the northeast corner of Colonial...

  • Kissimmee shopping center at busy intersection sells for $5M

    Kissimmee shopping center at busy intersection sells for $5M

    An Orlando trucking business owner paid $5.075 million on Friday for 46,000 square feet of retail space at one of Kissimmee's busiest intersections. Vlado Ivetic, vice president of Ivetic Trucking, is the new owner of Pleasant Hill Center at the southwest corner of Pleasant Hill Road and John Young...

  • Developer builds assemblage in SE Lake Nona, plans neighborhood retail center

    Developer builds assemblage in SE Lake Nona, plans neighborhood retail center

    South Florida-based Futura Development Company paid a combined $3.05 million on Tuesday for the second and third parcels of a tripart assemblage in Southeast Lake Nona, with plans to develop its first mixed-use neighborhood retail center, the company's president told GrowthSpotter. The three parcels...

  • Shopping center developer buys prime corner lot site near Reunion Resort

    Shopping center developer buys prime corner lot site near Reunion Resort

    A Chattanooga-based shopping center paid $1.2 million last week for a prime corner piece of the 15-acre Orlando Tree Trek Adventure Park. Adventure park owner Dave Lemieux told GrowthSpotter the park would remain open. "We didn't sell all our property, it's just a corner piece at the back of our...

  • AV Homes files plans for 700 homes next to new Poinciana SunRail station

    AV Homes files plans for 700 homes next to new Poinciana SunRail station

    AV Homes is reworking a concept plan the developer filed recently for its new 82-acre, transit-oriented community just north of the new Poinciana SunRail Station. The plan calls for a maximum of 300 single-family and 400 multifamily residential units on the property that was part of the Poinciana Office...

  • Winter Haven to consider proposed 1,747-home, mixed-use community near U.S. 27

    Winter Haven to consider proposed 1,747-home, mixed-use community near U.S. 27

    Winter Haven officials are scheduled to vote this month on a proposed mixed-use development that could add more than 1,700 new homes near the intersection of U.S. 27 and Thompson Nursery Road. The city's Planning Commission has already recommended approval of the future land use and rezoning for...

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  • Delaware Hotel Group pays $2M for Motel 6 at Kissimmee Maingate

    Delaware Hotel Group pays $2M for Motel 6 at Kissimmee Maingate

    Delaware Hotel Group owner Mike Khatiwala has acquired his 20th hotel property and first in Florida with the purchase last week of the corporate-owned Motel 6 Kissimmee Maingate West for $2 million. The 147-room motel at 7455 W. Irlo Bronson Memorial Highway sits on 3.2 acres just west of Reedy...

  • Ripley Entertainment pursues grading & pond work on John Young Pkwy site

    Ripley Entertainment pursues grading & pond work on John Young Pkwy site

    An affiliate of Jim Pattison Group, owner of Orlando-based Ripley Entertainment Inc., is readying a 21-acre parcel on S. John Young Parkway for future development. The company paid $3.3 million in November 2015 for the property, an investment considered at the time as the likely site for a future...

  • St. Cloud set to annex new 276-acre assemblage for mixed-use project

    St. Cloud set to annex new 276-acre assemblage for mixed-use project

    The owners of 276 acres on the west side of Old Hickory Tree Road have applied for annexation to the city of St. Cloud, and are seeking Mixed-Use zoning for a 1,224-home community. The Roan Bridge assemblage consists of 17 parcels owned by members of the Jowers family and others. It's located just...

  • Three new QSRs & more planned for site on Oviedo’s Mitchell Hammock Road

    Three new QSRs & more planned for site on Oviedo’s Mitchell Hammock Road

    A development planned for busy Mitchell Hammock Road could offer Oviedo commuters to Orlando new choices for low-cost dining. Hank Porcher, president of real estate development company T.L. Pittman and Associates Inc., said he has commitments from three quick-service restaurant companies for 11...

  • Intram lands developer for Phase 1 multifamily at Sunrise City Plaza

    Intram lands developer for Phase 1 multifamily at Sunrise City Plaza

    Intram Investments is teaming up with Integra Land Company for the multifamily portion of its 238-acre Sunrise City mixed-use project in Kissimmee's tourism corridor. Intram President Rashid Khatib told GrowthSpotter that the Lake Mary developer is expected to close in August on 11.5 acres just...

  • Gator's Dockside on Narcoossee moves ahead, mixed-use & SFR land available

    Gator's Dockside on Narcoossee moves ahead, mixed-use & SFR land available

    Gator's Dockside could break ground in June on a new restaurant site northeast of Lake Nona and has yet to hire a broker to market adjacent pads for mixed use, while a neighboring land owner wants to tweak his zoning for potential sale to a church -- or homebuilder.  The Orlando-based restaurant...

  • Battaglia Group prepping 130-acre site in St. Cloud for mixed-use

    Battaglia Group prepping 130-acre site in St. Cloud for mixed-use

    A Winter Park real estate firm that got its start in the citrus industry is prepping 130 acres of St. Cloud orange grove for future development. Battaglia Group is meeting with brokers and working with VHB, Inc., to master plan the site in anticipation of listing it in the near future, COO Daniel...

  • O'Connor Capital buys Daryl Carter Pkwy land for retail power center, eyes June start

    O'Connor Capital buys Daryl Carter Pkwy land for retail power center, eyes June start

    New York-based developer O'Connor Capital Partners paid $27.9 million on Thursday for 69-plus acres along Daryl Carter Parkway, where it plans to break ground in June on infrastructure work for a new retail, dining and entertainment center dubbed Vineland Pointe, a lead executive with the company...

  • Kissimmee resort owners planning new retail at E192 and FL Turnpike interchange

    Kissimmee resort owners planning new retail at E192 and FL Turnpike interchange

    The owners of the Flamingo Waterpark Resort on E192 at the Florida Turnpike interchange are moving forward with plans to build a shopping and lifestyle center in front of the hotel. Miami-based Blue Road paid $9 million in 2014 to buy the 245-room full-service hotel, and has invested another $2...

  • Sloan's Automotive repair shop to expand South Downtown footprint

    Sloan's Automotive repair shop to expand South Downtown footprint

    Family-owned auto repair shop Sloan's Automotive is expanding its Central Orlando store after acquiring an adjacent lot last month, and estimates $400,000 or more in investment through buildout by this Fall. "My son (Kenny Sloan) is working as manager now, he's highly motivated and we're in the...

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  • New craft brew pub planned in Downtown Eustis in time for Octoberfest

    New craft brew pub planned in Downtown Eustis in time for Octoberfest

    A new craft beer pub, dubbed Wolf Branch Brewing, will lease 1,700 square feet of space in the historic Iron Block Building on Bay Street in the heart of Downtown Eustis, and city development officials are excited. “We think a brew pub will bring positive activity and energy to downtown,” said...

  • Tampa developer has Lake Buena Vista land under contract, envisions 2 retail pads

    Tampa developer has Lake Buena Vista land under contract, envisions 2 retail pads

    Tampa-based developer Ocean Bleu Group has roughly an acre under contract in Lake Buena Vista just north of the Walt Disney World entrance, with redevelopment plans for retail, the company's CEO told GrowthSpotter.  The 0.77-acre site lies at 8699 Palm Parkway, on the northeast corner with S. Apopka...

  • Margaritaville developer talks new signage & tech details for Kissimmee resort

    Margaritaville developer talks new signage & tech details for Kissimmee resort

    Margaritaville Resort will create a trio of landmark entrances on U.S. 192 through its sign package that will be photo-ops for years to come, developer Jim Bagley told GrowthSpotter on Thursday. "We expect to bring a Vegas-style entertainment sign package that’s very compelling and very tasteful,...

  • Blackfin and NADG partner on retail center land near Lake Nona High

    Blackfin and NADG partner on retail center land near Lake Nona High

    Palm Beach Gardens-based Blackfin Partners has brought on a partner in North American Development Group to help finance and develop its planned neighborhood retail center south of Lake Nona High School.  The duo paid $4.55 million on March 31 through an affiliate LLC for the 14.6-acre property,...

  • EspoGroup to add retail and office near Tupperware SunRail station

    EspoGroup to add retail and office near Tupperware SunRail station

    Orlando-based EspoGroup wants to start construction on a three-story mixed-use building just south of the future Tupperware SunRail station as as soon as permits are issued, company executives told GrowthSpotter. President Jose Notaro and General Manager Alessandro Esposito met Wednesday with Osceola...

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

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

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

  • Tavistock plan calls for fewer homes, more jobs on Osceola side of Sunbridge

    Tavistock plan calls for fewer homes, more jobs on Osceola side of Sunbridge

    Tavistock Development Company has filed a concept plan revealing new details about the first development phase of its massive Sunbridge community in Osceola County. The first major takeaway from the revised Master Plan is a significant reduction in the number of homes proposed in the early phases....

  • Proposed Osceola building moratorium scaled back significantly

    Proposed Osceola building moratorium scaled back significantly

    Osceola County administrators have seriously walked back a controversial one-year building moratorium that could have put a halt to new development across 54 square miles around the Alligator Chain of Lakes. As it was originally drafted, the ordinance would have put a hold on the acceptance, processing or...

  • Tampa restaurant group bringing Fresh Kitchen concept to Orlando market

    Tampa restaurant group bringing Fresh Kitchen concept to Orlando market

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

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

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

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

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  • Clearwater developer preps 10 acres outside Ocoee for future retail center

    Clearwater developer preps 10 acres outside Ocoee for future retail center

    Clearwater-based Epic Development is preparing nearly 10 acres on a highly trafficked corner outside Ocoee for a new neighborhood retail center.  Located on the southeast corner of Clarcona Ocoee Road and N. Apopka Vineland Road, just outside Ocoee city limits, most of the project's 9.81 acres...

  • Popular Latin restaurant plans new location behind Osceola Heritage Park

    Popular Latin restaurant plans new location behind Osceola Heritage Park

    One of the Orlando area's most popular Latin restaurants has filed plans for a major expansion in Kissimmee just north of Osceola Heritage Park. Melao Bakery is seeking approval from Osceola County's Development Review Committee for a new, 16,400-square-foot building at the corner of Fortune Road...

  • Downtown Winter Garden building nears construction, leasing agent sought

    Downtown Winter Garden building nears construction, leasing agent sought

    Winter Garden’s first downtown apartments in years are close to a construction start, and the developers are looking for restaurant, office, and retail tenants for the 8,600 square feet of commercial space planned for the ground level of a three-story mixed-use building. “We will hire a leasing...

  • Developer & VHB pitch shared parking for new building in Downtown Winter Park

    Developer & VHB pitch shared parking for new building in Downtown Winter Park

    Local property developer and manager Battaglia Group is exploring lenders for a planned three-story Class A office and retail building in Downtown Winter Park, with initial city approvals expected this month and the first dining tenant signed, a lead executive with the company told GrowthSpotter. ...

  • Restaurants lined up for new Downtown Winter Garden mixed-use building

    Restaurants lined up for new Downtown Winter Garden mixed-use building

    The developers of Winter Garden’s successful Crooked Can Brewing Company is on the cusp of starting another downtown Winter Garden development just a stone's throw away: an office building with three restaurants on the first floor and office space, including the Crooked Can headquarters, on the...

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

    Encore secures $40.6M loan for retail center at Margaritaville

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

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

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

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

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

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

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

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

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

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

  • Reich Properties preps McCoy Road land for lease to neighboring auto dealer

    Reich Properties preps McCoy Road land for lease to neighboring auto dealer

    Reich Properties is pursuing a zoning amendment for 5.22 acres northeast of Orlando International Airport, with aim to lease it to a neighboring used auto dealer that's setting up for expansion.  Located at 8281 McCoy Road, the vacant parcel neighbors another 5.22 acres owned by a Reich affiliate....

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  • Local developer files first housing plan for Creative Village, doubles footprint

    Local developer files first housing plan for Creative Village, doubles footprint

    Winter Park-based Atlantic Housing Partners filed plans on Monday for the first new development in the 68-acre Creative Village urban infill project in Downtown Orlando, more than doubling its original projected investment from last year.  The multifamily developer's site plan calls for a 256-unit...

  • Seritage seeks demo permit for Fashion Square Sears, changes outparcel plans

    Seritage seeks demo permit for Fashion Square Sears, changes outparcel plans

    New York-based REIT Seritage Growth Properties is preparing to demolish the former Sears building it owns at Orlando Fashion Square Mall, and has added another outparcel to its retail and dining plans for the property.  Seritage filed a demolition permit request on Friday with the City of Orlando...

  • Straubcos building in SoDo district sells for nearly $1M; dental office coming

    Straubcos building in SoDo district sells for nearly $1M; dental office coming

    A 91-year-old building on the south side of Downtown Orlando will soon get a makeover, as new owners will shift tenancy from real estate to a dentist’s office. The former Straubcos Real Estate Solutions building at 1737 S. Orange Ave. was acquired Tuesday by South Downtown Retail LLC, an affiliate...

  • Car Wash Palace eyes 4th location on John Young Pkwy, in new Grande Lakes Plaza

    Car Wash Palace eyes 4th location on John Young Pkwy, in new Grande Lakes Plaza

    Orlando-based Car Wash Palace has roughly an acre under contract for its fourth regional store, part of a retail center planned by Toronto-based North American Development Group (NADG) east of the tourism corridor. Located northeast of the intersection of John Young and Central Florida parkways,...

  • United Legacy Bank acquires third branch location in Winter Park

    United Legacy Bank acquires third branch location in Winter Park

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

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

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

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

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

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

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

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

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

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

  • Developer considers medical complex near new Valencia College campus

    Developer considers medical complex near new Valencia College campus

    A South Florida investor wants to develop up to 60,000 square feet of Class A medical offices across from the Bellalago community on Pleasant Hill Road, but zoning and environmental constraints could make the project unfeasible at that location. Guillermo Pulgarin and his broker, Tim Weisheyer,...

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

    NGI Investments plans new retail in tourism corridor and Winter Park

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

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

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

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

  • Developer to raze ChampionsGate bank for more restaurants

    Developer to raze ChampionsGate bank for more restaurants

    A St. Petersburg retail developer has bought a Regions Bank at the main entrance to ChampionsGate but plans to demolish the building and replace it with two restaurants. An affiliate of Vantage Properties paid $1.3 million this week for the 1.3-acre outparcel next to Publix. Vantage Vice President...

  • Arizona REIT buys multiple WingHouse restaurants

    Arizona REIT buys multiple WingHouse restaurants

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

  • Elevation Development advancing Parkview project on W192

    Elevation Development advancing Parkview project on W192

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

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

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

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

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

    DLC Residential buys W192 land near Margaritaville slated for 326 apartments

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

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

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

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

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

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

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

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

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

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

  • Commercial, retail project planned near Lake Nona

    Commercial, retail project planned near Lake Nona

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

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

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

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

  • Osceola County selling land at key interchange in tourism corridor

    Osceola County selling land at key interchange in tourism corridor

    Osceola County is looking to sell a 5.9-acre parcel at a key interchange in the Kissimmee tourism corridor. County Commissioners voted recently to declare the property surplus and put it on the market. The parcel is located right off the Osceola Parkway exit ramp at the S.R. 535 (Vineland Road)...

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

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

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

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

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

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

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

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

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

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

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

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

  • Panda Express adding location near Legoland

    Panda Express adding location near Legoland

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

  • Daryl Carter and John Reich team up for major St. Cloud land buy

    Daryl Carter and John Reich team up for major St. Cloud land buy

    An investment group led by Daryl M. Carter and John Reich paid $1.9 million on Thursday for 28 acres in the Osceola Industrial Park, near the intersection of U.S. 192 and Narcoossee Road.   As CEO of Maury L. Carter & Associates, Carter led an investment group that bought 236 acres last year on...

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

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

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

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

    New York's Malachite Group invests in Orlando commercial plaza

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

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