Tattoo parlor owner and real estate developer Marwan Kaddoura is moving ahead with his long-time planned commercial project just south of the International Drive and South Apopka Vineland Road intersection.
Plans for the project, dubbed Kadmar Plaza, call for a nearly 15,000-square-foot retail plaza at 14990 State Road 535. Recently submitted construction plans filed in the South Florida Water Management District indicate the developer may be close to finally putting shovels in the ground.
Orange County’s Development Review Committee approved plans for the project in March. A conceptual site plan shows the plaza will feature at least 10 retail bays that each average about 1,500 square feet.
Kaddoura bought the site in 2013 for $450,000 via affiliate Kadmar Plaza LLC. A small business owner in Orlando since 1998, he has at least 14 tattoo parlors in Central Florida under his Ink Spot Tattoo brand.
The developer also owns a handful of small commercial investment properties in Greater Orlando, including the Kirkman Plaza retail and office building in Metrowest.
According to separate plans filed in 2016, Kaddoura originally sought more uses of development, including hotel, office and free standing restaurant uses. In a previous interview with GrowthSpotter, he said because only about 1.95 acres of the total 4.77 are developable, the property would likely be destined for about 25,000 square feet of retail and dining.
The site sits just ten minutes away from the Disney theme parks, and immediately across Sutton Properties’ Lake Buena Vista Factory Stores.
Since 2015, the St. Petersburg-based company has been trying to launch a second phase of its factory stores, but so far nothing has been built. The expansion is envisioned to cover 11 vacant acres with more than 110,000 square feet of new retail space just south of the adjacent factory stores.
The Suttons bought the Isles of Buena Vista property in November 2012 for $1.1 million.
Just south of the Orange County line lies Intram Investments’ Sunrise City mixed-use development, which is home a new Publix-anchored retail plaza and has over 1,000 luxury apartments in the pipeline. Intram also owns 28 acres just east of the outlet mall for future expansion of Sunrise City.