Atlanta-based Stein Investment Group is seeking a mass grading permit for a new industrial park near the Kissimmee Gateway Airport.
The plan calls for a pair of 9-acre industrial lots straddling both sides of the future Hoagland Boulevard extension. Hoagland runs along the western boundary of the airport. Osceola County is widening and extending the road south to U.S. 17/92 (John Young Parkway).
Senior Transportation Planner Mary Moskovitz told GrowthSpotter the county is completing the right-of-way acquisition and plans to start construction in mid-2018. The design calls for a four-lane divided urban road with sidewalks and bike lanes that bisects the Stein property.
The project is included in the FY2018 Capital Improvement Plan, which goes to county commissioners for approval in September.
"It's divided into two segments, but we're working with our consultants to do them concurrently," she said. "If we can't do that, we'll do them back-to-back."
Florida Engineering Group prepared the industrial park site plan, which also calls for a 19-acre stormwater pond. The property to the south, which fronts on Old Tampa Highway, is reserved for future industrial development.
Osceola County rezoned the site in 2014 from conservation/agricultural to industrial, following an update to the county's Future Land Use Plan. It was previously part of a larger track along Shingle Creek that was designated as a mitigation bank. The South Florida Water Management District released the property from its conservation status earlier this year.
A Stein Investment affliate acquired the property through Quit Claim Deed in 2016. Officials with the company did not respond to requests for comment on Monday.