GrowthSpotter

Downtown apartment tower approved despite objections over height, retail

Calling a 10-story apartment building with less than 4,000 square feet of ground-floor retail a "lost opportunity" for downtown, Orlando's Municipal Planning Board on Tuesday reluctantly approved a zoning change for the project on the lot immediately south of Bank of America tower. The vote followed...

  • Osceola native takes helm at W192 Development Authority

    Osceola native takes helm at W192 Development Authority

    In her new post as Executive Director of the W192 Development Authority, Christina Morris will have a new channel in which to direct her passion for helping people, a quality she discovered nearly 20 years ago when she began her tenure with Osceola County. “It’s a great opportunity,” Morris told...

  • South Florida couple buys W192 hotel in mid-renovation

    South Florida couple buys W192 hotel in mid-renovation

    A South Florida couple who oversaw one of the most successful hotel rebrandings in the West Kissimmee submarket has purchased a second hotel asset on the W192 tourism corridor. Carina Radonich and Ariel Tomat, who own a high-end construction company in Sunny Isles Beach, bought a distressed motel...

  • Institutional buyer scoops up 100-plus rental homes in greater Orlando

    Institutional buyer scoops up 100-plus rental homes in greater Orlando

    A New York investment firm that has been sweeping up single-family rental homes nationwide has made another big push into central Florida. Cerberus Capital Management spent $20.5 million for 113 homes, according to deeds dated Nov. 27. The portfolio includes 39 homes in Osceola County that sold...

  • Disney pays $23M for nearly 1,000 acres of ranch land next to Celebration

    Disney pays $23M for nearly 1,000 acres of ranch land next to Celebration

    Disney paid $23 million Thursday for a 965 acres of Osceola County ranchlands southeast of Celebration. The BK Ranch, located on Old Tampa Highway about a mile west of the Poinciana SunRail station, was envisioned for years a master-planned community to rival Celebration. It's entitled for 3,000...

  • Seminole’s largest mixed-use project promises sustainability, transit options

    Seminole’s largest mixed-use project promises sustainability, transit options

    The developers of Parkside Place, a proposed 110-acre mixed-use development near Sanford, say they want to create a community with ample green space for healthy recreation and transit options that will reduce residents’ reliance on automobiles. Palmeira Holdings, the Toronto-based developer, envisions...

  • People to Know: Mick Night, Premier Sotheby’s International Realty

    People to Know: Mick Night, Premier Sotheby’s International Realty

    Mick Night’s first top-salesman ribbon came long before he had his hands in the biggest residential real estate deals in Winter Park and Maitland. It was long before real estate, period. In fact, it came when the newly minted broker for Premier Sotheby’s International – he and partner John Pinel...

  • City staff recommends approval for downtown apartments on Diocese land

    City staff recommends approval for downtown apartments on Diocese land

    Orlando's planning staff is recommending conditional approval for a new 10-story downtown apartment tower after the developer agreed to add retail space on the ground floor. Tennessee-based Mid America Apartment Communities (MAA) is under contract for a 2-acre corner lot at 336 N. Orange Ave.,...

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