Seminole County Developments

  • Nashville investor pays $49M for newly-built apts in Altamonte Springs

    Nashville investor pays $49M for newly-built apts in Altamonte Springs

    Nicol Investment Co., an active investor in large, mixed-use developments around the country, paid $49.1 million last week for the newly-built Crescent Gateway apartment community in Altamonte Springs. Rebranded as Nine 12 Gateway, the 249-unit complex at Inspiration Avenue and Gateway Drive was...

  • Oviedo seeks lender for $5M loan to finance golf course purchase

    Oviedo seeks lender for $5M loan to finance golf course purchase

    The City of Oviedo is seeking proposals from lenders for a loan to help finance part of its acquisition costs with the Twin Rivers Golf Course property in January. City Council members agreed in late September to buy the struggling 310-acre golf course for $5 million, pay the owner an extra $465,000...

  • New warehouse to be built on spec at South Seminole Commerce Park near Maitland

    New warehouse to be built on spec at South Seminole Commerce Park near Maitland

    Hickman Enterprises a long-time builder of commercial warehouses in Seminole County, is planning a new building in the company’s South Seminole Commerce Park near Maitland. The 14,500-square-foot building will be the fifth structure in the 10-acre commerce park, and will include 2,000 square feet...

  • Atlanta developer to add office building & clubhouse to Lake Mary’s Primera park

    Atlanta developer to add office building & clubhouse to Lake Mary’s Primera park

    TPA Group, known for award-winning office complexes in Atlanta and elsewhere, has new plans for land it purchased in September in Lake Mary’s Primera office park. Dubbed Edison at Primera, the developer plans to build a two-story, 111,380-square-foot office building on Primera Boulevard between...

  • 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...

  • Sanford offers developers $100K for new construction in downtown

    Sanford offers developers $100K for new construction in downtown

    With nearly 100 acres of developable property in and around downtown Sanford, the city has a new grant program to incentivize construction in the area. The Sanford Downtown Community Redevelopment Agency (CRA) launched its New Construction Grant program in October, which will reimburse developers...

  • Sanford unveils concepts for waterfront events center, revives talk of hotel

    Sanford unveils concepts for waterfront events center, revives talk of hotel

    A new events center overlooking Sanford's Lake Monroe is in the early planning stages, and the development could revive city efforts to draw a hotel to its downtown district. Sanford's Downtown Community Redevelopment Agency (CRA) – created to spur redevelopment along and near the downtown's waterfront...

  • Oviedo publishes RFQ for construction engineering and inspection services

    Oviedo publishes RFQ for construction engineering and inspection services

    The City of Oviedo is seeking firms to provide Construction Engineering and Inspection (CEI) services for the next year or more, it announced in a Request for Qualifications (RFQ) published last week. It's anticipated that at least three individuals or firms may be selected for a contract of one...

  • Clonts Farms seeks rezoning on Oviedo land for commercial developer

    Clonts Farms seeks rezoning on Oviedo land for commercial developer

    A long-time Central Florida farming family plans on selling land near the bustling Alafaya Trail-West Mitchell Hammock Road intersection in Oviedo to a commercial developer. Clonts Farms Inc., headed by W. Rex Clonts Jr., is working with Oviedo city planners on rezoning 2.76 acres from residential...

  • Seminole State seeks qualified firms to help redevelop donated property

    Seminole State seeks qualified firms to help redevelop donated property

    Seminole State College of Florida (SSC) is requesting qualifications and input from architectural and engineering firms on how best to transform a 10-acre parcel near its main campus in Sanford. In February, SSC formally announced Norman and Jean Gould had donated 10 acres of land that included...

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  • Winter Springs seeks developers on 277 acres at Greeneway Interchange District

    Winter Springs seeks developers on 277 acres at Greeneway Interchange District

    The City of Winter Springs wants to grow. And it’s got close to 300 acres on which to do it. The Greeneway Interchange District, at the northwest corner of SR 417 and SR 434, is largely undeveloped – there are some cleared areas, some agriculture, a bit of citrus – but Winter Springs is ready to...

  • Atlanta developer buys land next to Lake Mary's proposed New Century Town Center

    Atlanta developer buys land next to Lake Mary's proposed New Century Town Center

    An Atlanta developer of high-end, award-winning office and industrial parks has purchased land in a busy and growing corridor of Lake Mary. TPA Group, which has developed $5 billion worth of real estate holdings, recently purchased 22.28 acres on Primera Boulevard, between I-4 and Rinehart Road...

  • Sanford airport seeks real estate consultants to help develop property

    Sanford airport seeks real estate consultants to help develop property

    Frank Ioppolo sees the Orlando Sanford International Airport as "an economic development engine with a runway." The only thing missing says Ioppolo, chairman of the Sanford Airport Authority, is a flight plan. The Sanford Airport Authority controls nearly 500 acres of developable property, including...

  • Sanford & Coral Gables developer kick off negotiations for downtown land

    Sanford & Coral Gables developer kick off negotiations for downtown land

    A South Florida developer wants the City of Sanford to give the company 5.5 acres of city-owned land in its historic downtown, in exchange for building a mixed-use development that would add an estimated $50 million to the tax rolls and hundreds of new jobs. Sanford commissioners and Torre Companies...

  • Plans set for new traffic light, road extension on busy stretch in Oviedo

    Plans set for new traffic light, road extension on busy stretch in Oviedo

    Plans are in place for a new traffic light in Oviedo, one that will create a new intersection at the junction of Mitchell Hammock Road and S. Lake Jessup Avenue. City planners project that the new light will not only help alleviate some of the rush-hour traffic in that stretch, but give business...

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  • Adventist buys up vacant acreage around Altamonte Springs campus for $15M

    Adventist buys up vacant acreage around Altamonte Springs campus for $15M

    Adventist Health System, parent company of Florida Hospitals, moved in the last week to dramatically expand its land holdings around its 27-acre corporate campus in Altamonte Springs, according to deeds filed in Seminole County. The company purchased nearly 47 acres on Gateway Drive east of Inspiration...

  • Unicorp buys land for Griffin Farms, sells part to investor partnering on homes

    Unicorp buys land for Griffin Farms, sells part to investor partnering on homes

    Developers of the Griffin Farms Town Center in Lake Mary's emerging Midtown district purchased 33.4 acres of grazing land this week that will soon be prepped for the $200 million commercial and residential development. Chuck Whittall’s Unicorp National Developments bought the land through an affiliate...

  • Developer plans 96 apts and live/work space for Downtown Sanford

    Developer plans 96 apts and live/work space for Downtown Sanford

    A hot rental market and lack of inventory have prompted developer Ron Semans to pursue new apartments and live-work space in Downtown Sanford. The Wilson Center LLC and Suncor Properties principal showed GrowthSpotter plans on Wednesday for 96 apartment units and 14,000 square feet of live/work...

  • Atlanta’s Cortland Partners buys apts in Altamonte Springs, plans $12 M reno

    Atlanta’s Cortland Partners buys apts in Altamonte Springs, plans $12 M reno

    Atlanta-based Cortland Partners continues to expand its presence in Florida’s multifamily market with an Aug. 25 purchase of the 578-unit former Camden Renaissance in Altamonte Springs. Cortland paid $78.9 million to Camden Operating LP of Houston, a subsidiary of Camden Property Trust (NYSE-CPT),...

  • Longwood seeks real estate expert to guide downtown redevelopments

    Longwood seeks real estate expert to guide downtown redevelopments

    The City Hall complex in Longwood – three buildings on about an acre of land – sits amid quaint architecture, much of it of the late 1800s, in a district that became part of the National Register of Historic Places back in 1990. But it’s not long for this world. City officials are in the early...

  • Plans for new self storage near Oviedo mirror national trend

    Plans for new self storage near Oviedo mirror national trend

    A South Carolina firm wants to convert land between Oveido and Winter Park into a three-story, 100,000-square-foot self storage facility. Johnson Development Associates of Spartanburg, S.C., held a pre-application meeting with Seminole County planners to amend a Planned Development agreement on...

  • CompuTech City seeks solar contractor for new Longwood HQ

    CompuTech City seeks solar contractor for new Longwood HQ

    CompuTech City is about to expand its empire, but it wants to reduce its footprint. The Lake Mary-based company will be breaking ground on a new Longwood office building in October, as Growthspotter reported on July 28 – and in its plans for both function and form, says founding partner Darshan...

  • 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...

  • Sanford seeks bids to build second phase of signature Fort Mellon Park

    Sanford seeks bids to build second phase of signature Fort Mellon Park

    Sanford has issued a invitation for bids to build Phase 2 of the city's signature Fort Mellon Park. The park is located on the south shore of Lake Monroe, just east of downtown Sanford. The signature piece of the $1.4 million Phase 2 project will be a permanent, covered stage that city planners...

  • Antiques dealer to sell or build on one parcel, buy another for development

    Antiques dealer to sell or build on one parcel, buy another for development

    Chad Busby has his respective eyes on two different real estate prizes. One rests on an R2 residential parcel in Oviedo that’s zoned for duplexes and priced to sell. The other is an active hunt for an Oviedo or Winter Springs property where he can build and expand his business. The former, located...

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  • Chilean investors buy Altamonte office towers w/10% occupancy, plan turnaround

    Chilean investors buy Altamonte office towers w/10% occupancy, plan turnaround

    A Chilean hotel company has signaled plans to diversify by purchasing the Executive Point Towers in Altamonte Springs for $3.16 million, with an extensive rebranding plan for the office properties now at 10 percent occupancy. RIST Properties LLC, which owns four motels in Florida, recently purchased...

  • Apartment builder connected to NFL team owner charges into Sanford

    Apartment builder connected to NFL team owner charges into Sanford

    A national multifamily developer plans to build a 280-unit apartment complex in Sanford overlooking Lake Monroe. The Spanos Corp., an affiliate of AG Spanos Companies of Stockton, California, which has ties to the NFL's San Diego Chargers, wants to build five four-story apartment buildings with...

  • 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...

  • Reformation Bible College plans to expand Seminole County campus

    Reformation Bible College plans to expand Seminole County campus

    A local ministry plans to add 120,000 square feet of new academic and student buildings to its campus in northwest Seminole County, potentially offering opportunities for builders and contractors. Ligonier Ministries operates Saint Andrews Chapel and the Reformation Bible College on its property...

  • Scooter's Coffee enters Florida with opportunities for builders, property owners

    Scooter's Coffee enters Florida with opportunities for builders, property owners

    A Midwestern coffee chain is entering the Central Florida market as part of its national expansion plans, and there are opportunities for landowners, contractors and professional service providers. Omaha, Neb.-based Scooter's Coffee has signed an Area Development Agreement with Atomic Management...

  • St. Peter's Episcopal in Lake Mary to build new sanctuary

    St. Peter's Episcopal in Lake Mary to build new sanctuary

    St. Peter’s Episcopal Church in Lake Mary will double its seating capacity with a new sanctuary the church hopes to have completed by Easter, 2018. The new 10,000-square-foot building will rise at its current address on 700 Rinehart Road, but closer to the busy street, giving the church more exposure,...

  • My Florida Regional MLS to seek reno contractors for recently bought HQ

    My Florida Regional MLS to seek reno contractors for recently bought HQ

    My Florida Regional MLS, Florida’s largest multiple listing service organization, will seek contractors in the coming months to help plan renovations to its recently purchased new building in Altamonte Springs.  The organization paid $4.5 million on July 5 for the former headquarters of the Institute...

  • Sanford electrical contractor plans new industrial space, seeks GC & lender

    Sanford electrical contractor plans new industrial space, seeks GC & lender

    A Sanford electrical contractor is investing in new warehouse and office space that could lead to opportunities in the development community, as well as new industrial space for other companies. Del-Air Electrical Services, Inc. plans to build two 40,000-square-foot warehouse/office buildings at...

  • CompuTech City to break ground on new Longwood HQ in October

    CompuTech City to break ground on new Longwood HQ in October

    Following its $250,000 purchase of two wooded acres on Rangeline Road on May 24, CompuTech City, currently headquartered in Lake Mary, is looking to break ground on a brand-new Longwood home for its growing company by October, founding partner Darshan Patel told GrowthSpotter. “We are constantly...

  • Investor offers to buy Sanford wastewater plant, relocate it & redevelop the land

    Investor offers to buy Sanford wastewater plant, relocate it & redevelop the land

    A Lake Mary developer has an interesting proposition for the City of Sanford – he wants to buy the city's northern waste water treatment facility. Ashley Ansara, a veterinarian who has built and sold several professional buildings in Seminole County through his firm Ansara Holding Corporation,...

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  • Elevation Development moving projects forward in Kissimmee, Sanford

    Elevation Development moving projects forward in Kissimmee, Sanford

    Elevation Development has purchased two properties in Kissimmee and Sanford and will start construction within months on a new CVS, AutoZone and CareNow walk-in medical clinic. The Orlando-based developer paid $1.35 million July 13 for roughly 2 acres on S.R.46 in Sanford previously owned by Walgreens....

  • Pulte planning 70-plus homes in Lake Mary

    Pulte planning 70-plus homes in Lake Mary

    Pulte Homes is seeking preliminary approval from Lake Mary city planners for a planned unit development with up to 77 homes near Lake Emma. The PUD would be constructed on 37 acres on the west side of Rinehart Road, south of the intersection with Primera Boulevard. The area now consists of 25 privately...

  • Ohio developer may get green light on Lake Mary 'Allure' project

    Ohio developer may get green light on Lake Mary 'Allure' project

    Plans to build a large mixed-use development in Lake Mary appear to be back on track, after Seminole County planners have concluded the project would fit the character of the surrounding development. First reported by GrowthSpotter on Feb. 21, Cincinnati-based Capital Investment Group met that...

  • Construction coming in next phase of expansion at Oviedo’s Lutheran Haven

    Construction coming in next phase of expansion at Oviedo’s Lutheran Haven

    Multiple projects are underway at Lutheran Haven, a full-service community for seniors on a 25-acre swath of unincorporated Oviedo – some immediate, some ongoing. Reservations are now being taken for a projected early 2018 occupancy at the Landings of Lutheran Haven, a portion of the property which...

  • Developer plans apts, office & hotel on 25 acres near Oviedo Medical Center

    Developer plans apts, office & hotel on 25 acres near Oviedo Medical Center

    A Philadelphia developer with a track record in Maitland and Lake Nona plans to transform 25 acres near Oviedo's soon-to-open hospital into a bustling mixed-use development of apartments, offices and a hotel. The Klein Co. wants to build 296 apartments, 100,000 square feet of Class A office space...

  • Adventist Health planning major expansion at Altamonte Springs corporate campus

    Adventist Health planning major expansion at Altamonte Springs corporate campus

    Adventist Health System (AHS), parent company of Florida Hospitals, is prepping for a major expansion of its corporate campus in Altamonte Springs. The nonprofit company filed plans last week with the city and the St. Johns River Water Management District for a new office building and parking deck...

  • Clearwater development group to build retail center in Lake Mary

    Clearwater development group to build retail center in Lake Mary

    The former site of the Tilted Kilt Pub & Eatery on Currency Circle in Lake Mary is slated for new commercial development with multiple tenants. Clearwater-based Epic Development purchased the property at 901 Currency Circle on June 30 for $3.5 million. The seller was AFD Lake Mary LLC, a company...

  • Plan revived for assisted living on Sanford's Marina Island, tear-down of hotel sought

    Plan revived for assisted living on Sanford's Marina Island, tear-down of hotel sought

    A Lake Mary developer is moving forward with plans to build an assisted living facility on a prime piece of Sanford real estate, and the project would generate opportunities for demolition and building contractors. Frank Cerasoli, managing partner of TFA IV LLC, has submitted a proposed site plan...

  • D.R. Horton explores viability of workforce housing development in Seminole

    D.R. Horton explores viability of workforce housing development in Seminole

    The nation's largest home builder is calculating exactly how tight the margins are to develop affordable housing in Seminole County. Fort Worth-based D.R. Horton wants to build 40 single-family homes on a 9.5-acre lot in Sanford, at the southeast corner of Martin Luther King Jr. Boulevard and West...

  • Karate and dance studio find new Lake Mary home with SBA 504 loan help

    Karate and dance studio find new Lake Mary home with SBA 504 loan help

    A martial arts academy and a dance studio are getting a new 11,000-square-foot home in Lake Mary, with the help of a federally guaranteed SBA 504 loan for just over $2 million. Construction is scheduled to start this week on the building at 905 Williston Park, just west of Rinehart Road. The company...

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  • Guthrie's Chicken preps Sanford for first Orlando-area restaurant

    Guthrie's Chicken preps Sanford for first Orlando-area restaurant

    An Auburn-based chicken chain plans to enter the Greater Orlando market in 2017. Sanford developer Jason Oliver will meet with Seminole County planners on Wednesday to discuss preliminary plans to build a Guthrie's Chicken at the northeast corner of Terracina Drive and State Road 46, just west...

  • McKee Construction preps 15 acres of industrial flex-space in Sanford

    McKee Construction preps 15 acres of industrial flex-space in Sanford

    A Sanford firm believes the industrial market is on the upswing in Seminole County, and plans to break ground on 256,000 square feet of distribution and flex space by mid-Fall. McKee Construction Inc. will build the five-building project on 15.8 acres at the northeast corner of Monroe Road and...

  • Heathrow plan reveals new Lake Mary restaurants

    Heathrow plan reveals new Lake Mary restaurants

    As many as four new restaurants plus additional retail space are coming to the Heathrow commercial and residential center in Lake Mary. Pelloni Development Corp. submitted site plans last week for 14,000 square feet of in line retail/restaurant space, plus two outparcels of 4,433- and 1,933 square...

  • Sanford tax abatement program was key to new Allegiant Air simulation center

    Sanford tax abatement program was key to new Allegiant Air simulation center

    A tax abatement program approved by Sanford voters in March is already producing the intended results. Sanford City Commissioners on Monday night approved the first of three public hearings which would reduce property taxes by 50 percent over the next 10 years for Allegiant Airlines' new $24.7...

  • Preferred Realty plans first self storage location in Sanford

    Preferred Realty plans first self storage location in Sanford

    A south Florida company plans to build a 91,000-square-foot storage facility on a well-positioned property near S.R. 417 in Sanford. A subsidiary of Margate-based Preferred Realty & Development Inc. purchased 6.5 acres of land at the northwest corner of 25th Street and S.R. 417 for $1.115 million....

  • Advenir adds to Orlando-area apartment holdings with $18M in Fern Park

    Advenir adds to Orlando-area apartment holdings with $18M in Fern Park

    Advenir, a Miami-based real estate investor specializing in multi-family, paid $18 million in late May to add the 272-unit Parkview Crossing Apartments in Seminole County to its growing inventory in Orlando, with $3 million in renovations on the way, a lead executive with the company told GrowthSpotter. ...

  • Woolbright pays $13M for Sanford-area retail center, will fill long-vacant anchor

    Woolbright pays $13M for Sanford-area retail center, will fill long-vacant anchor

    A former Albertson's grocery store in Sanford has a new owner that expects to fill the vacant space within the next two years. Boca Raton-based Woolbright Development Inc. purchased Boulevard Plaza shopping center from Branch Properties LLC of Atlanta. The $12.95 million-transaction was financed...

  • Hill Dermaceuticals to lease land, build new facility at Sanford Airport

    Hill Dermaceuticals to lease land, build new facility at Sanford Airport

    A Sanford-based pharmaceutical company is expanding its operations on land owned by the Sanford Airport Authority. Hill Dermaceuticals Inc. plans to build a 19,167-square-foot warehouse/office building on two acres of airport land located on the east side of Mellonville Avenue, north of the Seminole...

  • Winter Park dairy farmers seek residential developer for 14 acres

    Winter Park dairy farmers seek residential developer for 14 acres

    The operators of a Winter Park dairy farm are in the market for a developer to turn their 14-acre homestead into a residential community. The couple believe the building boom that has gripped Central Florida for the last several years may soon show signs of waning, along with the economy. “Now...

  • Meritage plans 31 home-private community in Winter Springs

    Meritage plans 31 home-private community in Winter Springs

    Meritage Homes is planning 31 homes for a 10-acre parcel in Winter Springs, in what will be the last project for the company’s Central Florida land development manager, Dante Fraiegari. Meritage “may introduce a new type of project” with the development, said Fraiegari, although he declined to...

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  • Nashville firm pays $23.3M for Winter Springs apartments, begins reno work

    Nashville firm pays $23.3M for Winter Springs apartments, begins reno work

    Nashville real estate fund manager Covenant Capital Group paid $23.3 million in late May for a 208-unit Winter Springs apartment complex, adding to its multifamily asset focus in the Southeast and Mid-Atlantic area. The property, The Columns at Winter Springs, is located of Red Bug Lake Road, west...

  • Seminole County tax roll rises 5.6 percent, driven by home value gains

    Seminole County tax roll rises 5.6 percent, driven by home value gains

    Seminole County’s tax roll increased by $1.6 billion last year, or 5.6 percent, with the vast majority of the gain due to the rising prices of homes. The total tax roll for the county summed $28.58 billion for its 2016 Estimated Taxable Value. There were 6,359 single home sales in the county last...

  • Crescent's New Century mixed-use pitches 'live-play' for Lake Mary office segment

    Crescent's New Century mixed-use pitches 'live-play' for Lake Mary office segment

    Crescent Communities' mixed-use plans for 153 acres in Lake Mary could be the city's first live-work-play development fronting the east side of Interstate 4, coupling a Millenial housing option with Class A office in a way Lake Mary's commercial wave has missed up until now.   The New Century Town...

  • Fast-growing Park Square Homes to double in size by 2017

    Fast-growing Park Square Homes to double in size by 2017

    With more than 2,000 lots across Central Florida currently in pre-development, Orlando-based Park Square Homes is shifting its homebuilding operation away from the vacation home market to focus almost exclusively on primary residential homes. President and COO Steve Parker told GrowthSpotter the...

  • Simulation center planned for Sanford Airport to train Allegiant Air staff

    Simulation center planned for Sanford Airport to train Allegiant Air staff

    A simulation center is being planned alongside the main entrance to Orlando Sanford International Airport to train pilots and flight attendants who would work for Allegiant Air, the airport’s largest carrier. A site plan is currently under review by Sanford planning staff for a 29,250-square-foot...

  • Horse veterinary clinic in Sanford may become townhomes

    Horse veterinary clinic in Sanford may become townhomes

    An equine veterinary practice in Sanford is being proposed as the site for a townhouse project with as many as 100 units. Central Florida Equine Hospital, on five acres off S. Orange Avenue right near S.R. 46 and Interstate 4, along with a two-acre residential property adjacent to it, are planned...

  • Sanford seeks contractors to revamp 'Paw Park'

    Sanford seeks contractors to revamp 'Paw Park'

    Sanford is looking for contractors to completely revamp “Paw Park.” The 15-year-old city-owned park, a longtime destination for residents from Seminole County and beyond to bring their dogs, is getting a total makeover. What was once a field with some trees where dogs could run freely will now...

  • Cirque du Soleil-style entertainment center planned for Lake Mary

    Cirque du Soleil-style entertainment center planned for Lake Mary

    A Cirque du Soleil-style exercise and entertainment center may soon be coming to Lake Mary, with local residents the stars of the show. Former members of the avante guard performance troupe are close to signing a lease for a 48,000-square-foot building off Lake Emma Road, and would have contractors...

  • Diocese of Orlando plans another land sale along Sanford's S.R. 46

    Diocese of Orlando plans another land sale along Sanford's S.R. 46

    The Diocese of Orlando plans to sell half of its 60-acre parcel in Sanford along S.R. 46 for residential and commercial development, and keep the other half to continue operating the All Souls Catholic Church there and add an elementary school. The diocese, which has owned the land since 2001,...

  • Former Sanford airport CEO selling 65 acres for development

    Former Sanford airport CEO selling 65 acres for development

    The colorful former head of Orlando Sanford International Airport, who also served as Sanford’s mayor, is joining with a neighbor to sell 65 acres that are planned for development into 130 homes. Larry Dale, who left Sanford airport's leadership in October after almost 14 years with a distinct...

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  • City Furniture planning first Orlando-area store in Altamonte Springs

    City Furniture planning first Orlando-area store in Altamonte Springs

    City Furniture has chosen Central Florida as a focus of expansion, with the retailer placing its next local stake in Altamonte Springs. The middle- to upper-class furniture dealer has a 7.3-acre parcel under contract for $6 million at the corner of W. Central Avenue and Douglas Road. It will be...

  • Duke Energy, feeling the heat, needs to expand in area

    Duke Energy, feeling the heat, needs to expand in area

    Duke Energy, feeling the strain of the area’s increased population, is vastly expanding its transmission facility in Altamonte Springs and will be needing subcontractors to help with the job. The energy company, which has operated the 14-acre Spring Lake substation at 391 S. S.R. 434 since 1973,...

  • Longwood throwing open welcome mat to developers by lowering fees

    Longwood throwing open welcome mat to developers by lowering fees

    Longwood, a Central Florida city that has largely missed the area’s building boom, is planning to offer developers steep concessions in effort to kickstart growth. The city, after bringing in a national economic consulting firm, has identified 14 areas it feels are primed for development, and nothing...

  • Lake Mary to direct developer impact fees to fund public park

    Lake Mary to direct developer impact fees to fund public park

    Developers that have built in Lake Mary will see where some of their impact fee dollars went as the city creates a public park that's funded, in part, by the municipal assessments that are paid for providing public services to new construction. Heritage Park, at the east end of Lake Mary near its ...

  • Sanford bronze foundry land goes for $1.3M to loyal customer

    Sanford bronze foundry land goes for $1.3M to loyal customer

    The Sanford land containing a bronze foundry that has done work for the likes of Walt Disney World, Universal Studios and the University of Central Florida has been sold for $1.3 million to one of its customers. The three-acre American Bronze Foundry property on E. Lake Mary Boulevard was purchased...

  • Apopka grocery store planned by Taurus following $4M land purchase

    Apopka grocery store planned by Taurus following $4M land purchase

    An affiliate of real estate investor and developer Taurus Investment Holdings paid $4.1 million last month for 15 acres in Apopka that it wants to turn into a grocery store, and may also put multi-family housing on. The 42,000-square-foot grocery store would sit on the outskirts of a densely residential...

  • 43-acre sale in Longwood falls through with homebuilder, returns to market

    43-acre sale in Longwood falls through with homebuilder, returns to market

    Brantley Nurseries, which occupies 43.5 acres in unincorporated Seminole County near Longwood, is up for sale, with members of the family-owned business favoring sale to a residential developer. The land was under contract to K. Hovnanian Homes until less than two weeks ago, but the deal fell through....

  • Longwood takes initiative to list available local real estate on city website

    Longwood takes initiative to list available local real estate on city website

    The City of Longwood is on a development bent and has devised a relatively novel way of bringing business into its community: by posting extensive descriptions of available properties on its website. The city pulls properties in Longwood from real estate sales and leasing sites like LoopNet, as...

  • Park Square plans two residential developments for Seminole County

    Park Square plans two residential developments for Seminole County

    Park Square Homes wants to get busy again in Seminole County, hoping to put up homes in the more northern and southern parts of the region via projects sized to facilitate infill activity. Park Square is proposing 12 residences in Casselberry and 10 in Sanford on parcels that are currently vacant...

  • Sanford's old Royal Inn & Suites under contract, planned for two new hotels

    Sanford's old Royal Inn & Suites under contract, planned for two new hotels

    A Holiday Inn Express and a Hilton-brand hotel are being proposed for the site of a dilapidated Sanford motel off Interstate 4 that has been vacant for about a year. The 6.7-acre site of the Royal Inn & Suites on S.R. 46 would also include a Starbucks under local hotelier Jayesh Patel’s plans,...

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  • One of Seminole's largest parcels up for mixed-use development on 269 acres

    One of Seminole's largest parcels up for mixed-use development on 269 acres

    One of the biggest, if not the biggest, piece of vacant land in Seminole County is again being proposed for development, this time as a somewhat scaled back version of a plan that county commissioners vetoed in 2014. Reserve at San Pedro Center, set in a rural area near Winter Park, is being proposed...

  • Casselberry Sam's Club up for major renovation work

    Casselberry Sam's Club up for major renovation work

    The Sam's Club in Casselberry is getting a multi-million dollar makeover that will provide hundreds of jobs to local contractors, ranging from carpenters to cement layers. The renovation of the store, which has operated at Semoran Boulevard and U.S. 17-92 for nearly 30 years, is slated to begin...

  • Sanford becomes next city for Transit-Oriented Development along SunRail path

    Sanford becomes next city for Transit-Oriented Development along SunRail path

    Several hundred apartments and a group of retailers would populate the area around Sanford’s SunRail station under plans for a Transit-Oriented Development (TOD) by an Oviedo software executive turned developer. Kevin Wydra, who has the blessing of Sanford’s mayor, envisions up to 400 mixed-income...

  • Tennessee hotel developer plans second Altamonte Springs property

    Tennessee hotel developer plans second Altamonte Springs property

    A second hotel is planned for Altamonte Springs by a Tennessee hotel builder and manager that is focusing much of its growth on Florida. Chattanooga-based 3H Group will be building a 118-room extended stay TownePlace Suites by Marriott off Interstate 4, at 151 N. Douglas Ave., right next to a 128-room...

  • At $7.7M, Lake Mary retail sale spurs buzz about premium pricing

    At $7.7M, Lake Mary retail sale spurs buzz about premium pricing

    The owner of a self-storage business in New York has spent $7.7 million on a recently-built strip center in Lake Mary that local builders say sets a new bar for the value of retail development in that affluent city. Stephen DiSalvo reinvested proceeds from the sale of one of his storage facilities...

  • Developer chooses nontraditional approach to new Oviedo custom homes project

    Developer chooses nontraditional approach to new Oviedo custom homes project

    An Altamonte Springs developer is planning a cluster of customized homes in Oviedo, as he seeks to counter the plethora of production homes being built in Central Florida. Ahmad Ghandour, president of Sun-Tech Builders, is in the final engineering stages for the 12 homes which will offer a wide...

  • Broker turned developer prepares town homes for Sanford area

    Broker turned developer prepares town homes for Sanford area

    A real estate broker turned developer has presented his first project to municipal planners, a 24-unit town house community at the border of Lake Mary and Sanford. Moe Musleem, principal of Legacy Group, is working with Sanford planners to create a four-building enclave near Casa Verde Boulevard,...

  • Orlando's $250K-and-less housing leads March sales, supply paper thin

    Orlando's $250K-and-less housing leads March sales, supply paper thin

    The bereft housing market for lower-end and first-time home buyers has continued reaching acute levels in Greater Orlando, which is colliding with all of the population growth the area is seeing. Three thousand homes were sold in the Orlando area in March, a 3.5 percent drop from the same period...

  • Florida Turnpike pulls the plug on Seminole express lanes on S.R. 417

    Florida Turnpike pulls the plug on Seminole express lanes on S.R. 417

    The Florida Turnpike Enterprise has pulled the plug on a controversial express lane project on State Road 417 in Seminole County. Seminole County Commissioners, the Central Florida Expressway Authority and MetroPlan Orlando had all been trying for the last year to halt the $125 million widening...

  • UP to develop new Walmart in Altamonte, city holding project to high standard

    UP to develop new Walmart in Altamonte, city holding project to high standard

    UP Development will serve as developer of the new Super Walmart in Altamonte Springs while also keeping ownership of the 23-acre property, but Walmart will choose the general contractor, principal Scott Fish told GrowthSpotter on Thursday. UP, re-developer of Fashion Square Mall, The Shoppes at...

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  • Developer proposes second phase for Oviedo's Clifton Park

    Developer proposes second phase for Oviedo's Clifton Park

    An Orlando developer has taken the first steps to create the second phase of a mid-range Oviedo single family community, looking to put together 15.44 acres owned by three different property owners. Dustin Lucas of Lucas Land Group LLC has submitted the proposed project, whose working name is Clifton...

  • 'Escape Artists' attraction planned for Downtown Sanford

    'Escape Artists' attraction planned for Downtown Sanford

    A couple of Longwood entrepreneurs plan to take an attraction that has been popping up in the last couple of years in Orlando’s tourist corridor, and introducing it to more sedate Sanford. Brian Bechtel and Nancy Philips plan Escape Artists for the city’s historic commercial district, which they...

  • Differing opinions on CNA's full leasing potential of new Lake Mary office building

    Differing opinions on CNA's full leasing potential of new Lake Mary office building

    While its brokers say insurance giant Continental Casualty Co., or CNA, could still take all four floors of the 137,000-square-foot office building being constructed for it in Lake Mary/Heathrow, the company insists it will go with three floors as initially planned. CNA executives and companies...

  • Former House Rep. Dorworth back in land business, seeks builder

    Former House Rep. Dorworth back in land business, seeks builder

    Former Florida House of Representatives member Chris Dorworth is close to putting up a 30-home subdivision in Sanford, once he chooses a home builder. Dorworth, a Republican who served in the state legislature from 2007 through 2012 and now works with Ballard Partners in government relations, wants...

  • Flea World town house plans critiqued by Seminole planners

    Flea World town house plans critiqued by Seminole planners

    A dozen structures are planned to go up and more than two dozen come down in Sanford, as the former site of Flea World takes its initial development steps. But first, Park Square Homes, the first developer to become involved in the 118-acre site redevelopment, must complete to Seminole County planners’...

  • 300-unit boat & RV storage site proposed for Oviedo

    300-unit boat & RV storage site proposed for Oviedo

    A longtime fan of big boats and snazzy motor vehicles is looking to expand his interest by purchasing a 16-acre tract of land in Oviedo to set up an RV and boat storage facility. Hank Wilken wants to add to the two auto mechanic shops he has in Oviedo by putting in a storage area for up to 300...

  • Architect, engineer sought by Christian group for reno of Casselberry buildings

    Architect, engineer sought by Christian group for reno of Casselberry buildings

    The two-building Legends Plaza in Casselberry was recently bought for just over $1 million by The Man in the Mirror, a Christian ministry that will refocus the property as a new headquarters, just down the road from where it spent the last 20 years leasing. The Man in the Mirror was started by...

  • Altamonte Springs motel may find new life under different use

    Altamonte Springs motel may find new life under different use

    An Altamonte Springs motel has been put on the market for $7 million, but it may end up finding new life through redevelopment. The 34-year-old Days Inn & Suites off I-4 near the Altamonte Mall has seen better days, and as a result could be bought for its land value over lodging potential.  The...

  • Local importer wants to build 100,000 SF warehouse in Sanford

    Local importer wants to build 100,000 SF warehouse in Sanford

    An area importer will be moving his children’s furniture business and its 40 employees to the Port of Jacksonville, unless he can obtain Seminole County's approval to build a 100,000-square-foot warehouse on a vacant parcel near his Sanford headquarters. Anthony Lupo, CEO of Discovery World Furniture...

  • Subcontractors to be sought for Alexander at Sabal Point apartments in Longwood

    Subcontractors to be sought for Alexander at Sabal Point apartments in Longwood

    Subcontractors will soon be sought for construction to begin by August on Longwood’s Alexander at Sabal Point luxury apartments, to be built on part of an old golf course. The project received a positive nod Wednesday, when Seminole County planners appeared satisfied that final tweaks would be...

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