GrowthSpotter

Wolf Branch district changes recommended as Mount Dora, county weigh plan

In the first four months since Lake County and the city of Mount Dora knuckled down on their intent to bring high-paying tech jobs and new housing to the region with the 1,300-acre Wolf Branch Innovation District some tweaks have been made to the plan's mixed-use employment center. “We are still...

  • Charlotte firm enters Orlando market via $26M I-Drive purchase

    Charlotte firm enters Orlando market via $26M I-Drive purchase

    A Charlotte-based CRE firm with commercial properties throughout Florida entered the Orlando market with the purchase of the International Drive Value Center. Collett paid $26 million for the shopping center, which abuts the Fun Spot amusement park on one side and Artegon Mall on the other. The...

  • New SunTrust Bank to anchor U.S. 17-92 project in near Casselberry’s Lake Concord

    New SunTrust Bank to anchor U.S. 17-92 project in near Casselberry’s Lake Concord

    A new SunTrust Bank is coming to Casselberry’s Lake Concord Park and two restaurants may be part of the package later, according to documents submitted to the city. The bank, with a drive-through teller, will be built on a vacant 2.8-acre parcel on the southeast corner of U.S. 17-92 and Triplet...

  • UPDATED: Blighted Groveland motels to be converted to apartments

    UPDATED: Blighted Groveland motels to be converted to apartments

    A South Florida developer is planning to convert two blighted motels in Groveland into an apartment complex called "Milestone Hills." Groveland Property Investment, affiliate of Miami developer Martin F. Ugarte and CRE broker Santiago Silva, paid $3.5 million last week for the the former Clermont...

  • New York investment firm pays $28M for SouthPark Center office portfolio

    New York investment firm pays $28M for SouthPark Center office portfolio

    Pacer Partners, a boutique real estate firm with offices in New York and Boston, paid $28 million this week for a pair of Class A office buildings in Orlando's SouthPark Center. Located at 700 and 800 SouthPark Center and totaling 151,479 square feet, the properties are fully leased to a diverse...

  • Orlando seeking bids to redevelop Clear Lake multifamily site

    Orlando seeking bids to redevelop Clear Lake multifamily site

    The City of Orlando is offering nearly 5 acres for sale just south of Camping World Stadium to the right developer who will build mixed-income housing in downtown's Clear Lake neighborhood. "I think the market is pretty ripe for moving development forward on this site," Orlando's Director of Economic...

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