Orlando-based XL Sports World has a site near Lake Nona Landing under contract to build its second local indoor soccer facility, with interest in identifying a third elsewhere in Greater Orlando in the coming year, the company's CEO told GrowthSpotter.
The property, now owned by Tavistock Development Company, lies in the 12000 block of Narcoossee Road, directly west of the Lake Nona campus of Valencia Community College, north of Weller Boulevard and Lake Nona High School, and south of the Lake Nona Landing retail power center.
A Specific Parcel Master Plan filed by Tavistock with the city calls for two of three lots to be developed on the property. The future Suttner Avenue would be built alongside by Tavistock, and is scheduled to start within the next six months.
Lot 1 at 3.81 acres would house a 50,000-square-foot XL Soccer World facility. Lot 2 (1.72 acres) calls for a 20,000-square-foot unnamed gymnastics studio, and Lot 3 (4.34 acres) is labeled as reserved for future Valencia student housing.
XL Sports World's first Orlando location is at 825 Courtland St. near Winter Park, where the company owns 5.74 acres with multiple indoor and outdoor soccer fields, and space dedicated for private parties.
"I live in Lake Nona now, and we've wanted to get a second location to service that southern part of Orlando and draw from the highly active soccer communities of St. Cloud and Kissimmee, so this seemed like a really good fit," said XL Sports World co-founder Ciaran McArdle.
The company now has seven XL sports facilities across the eastern United States, an eighth in development for Jacksonville, and Lake Nona on tap as the ninth.
"We think there's room for one more facility in this market, that's something we're actively studying now to find that perfect spot to wrap up our Orlando triangle," McArdle said.
McArdle estimated total project cost at $6.5 million, and said his company has secured a construction loan from Mercantile Capital Corp. to finance a portion.
Closing on the land purchase is projected for First Quarter 2018, with groundbreaking expected immediately thereafter, McArdle said. A 12-month construction window is estimated to follow.