Tavistock names cinema for Lake Nona Town Center, updates construction progress

Bob Moser
GrowthSpotter

Tavistock Development Company will have Dallas-based Cinépolis USA open a nine-screen luxury cinema as an anchor tenant in the second phase of its Lake Nona Town Center, the company announced on Tuesday. 

The 40,000-square-foot theater is planned to open in 2020, and will feature a bar and lounge, in-theater waiter service and full gourmet menu with reclining leather seats, like the Cinépolis that opened earlier this month in the Hamlin Town Center in west Orange County.

Cinépolis will lease the space from Tavistock and no timeline for construction was available on Tuesday, per a Tavistock spokeswoman.

Cinépolis USA’s México-based parent company, Cinépolis, is the fourth largest movie theater exhibitor in the world operating in 14 countries, including the U.S. 

The 100-acre Lake Nona Town Center had its first phase open in January 2016 with an 85,000-square-foot office building, two hotels, the 280-unit LandonHouse apartment community, 16,000 square feet of retail and dining space and a parking garage.

The new Pixon Apartments project adjacent to the town center is under construction now by Balfour Beatty Construction, with 32,500 square feet of mixed-use commercial space on the ground floor. A leasing website should go live in September and the first certificate of occupancy collected in First Quarter 2019, according to a Tavistock spokeswoman.

Within the town center construction is also underway on a new six-story, 1,083-space parking garage, an outdoor shipping container park, Park Pizza & Brewing Co. restaurant, and a six-story, 155,000-square-foot office building that will host the new BBA Aviation/Signature Flight Support headquarters (65,000 SF), all of which are projected to open by year's end. 

Phase 2 of the town center will focus on entertainment options within 4 million square feet of space, to include the Cinépolis, a brewery, comedy club and live performance venue, bowling concept, a 215-room luxury hotel, and more than 80 specialty retailers, big box users and restaurants, according to Tavistock.

That phase includes a four-story mixed-use building with an estimated 108,000 square feet for office and 38,252 square feet of retail. That project's master plan has been approved by the city's Southeast Town Design Review Committee, and has its construction plans under review now for a building permit. No general contractor has been selected, and Dorsky + Yue International is the architect. 

Columbus-based Steiner + Associates is working with Tavistock on the planning and leasing efforts at Lake Nona Town Center. 

Have a tip about Central Florida development? Contact me at bmoser@growthspotter.com, (407) 420-5685 or @bobmoser333. Follow GrowthSpotter on Facebook, Twitter and LinkedIn.

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