A local real estate broker and development consultant has a buyer lined up for an acre within south downtown Orlando's Orlando Health campus, with plans for a new medical office building.
Located at 1116 Lucerne Terrace, the 1.03-acre vacant site lies a block and a half southwest of W. Gore Street and S. Orange Avenue, and less than 150 yards from a SunRail station.
An Administrative Master Plan submitted to the City of Orlando on Monday proposes a medical office building with 15,205 square feet of conditioned area across two floors. Most of that space would be on the second floor, with the building elevated for parking underneath.
Surrounding properties are all medical offices, and no zoning change would be required.
Don Ammerman, local real estate broker and development consultant with ComTech Properties, Inc., is representing the land owner and prospective seller David H. Hughes of Winter Park, who previously paid $1.1 million for the now vacant site in 2009.
Hughes is the former CEO of Hughes Supply, a construction materials distributor based in Orlando that was acquired by The Home Depot in 2006 for $3.2 billion.
Hughes told GrowthSpotter on Friday that Ammerman is also representing an OBGYN group as contracted buyer of the property, and plans for the office building. Closing is contingent on plan and permit approvals this year by the city, he added.
Ammerman declined to comment on the pending deal on Friday.
Marketing materials for the property published by Ammerman last year indicate the building could accommodate up to four tenants, with as little as 3,211 square feet up to 12,845 square feet available.
Winter Park-based Appian Engineering is civil engineer on the project. A stormtech chamber will be placed under the proposed parking lot to treat stormwater on-site before discharging it to the area's existing stormwater system, helping to maximize building area on the lot.