xml:space="preserve">
xml:space="preserve">
Advertisement

Miami developer reactivates plans for retail center and apartments at Turnpike interchange

Miami developers Blue Road hope to break ground soon on a 30,000-square-foot retail and entertainment center at the E192 - FL Turnpike interchange.
Miami developers Blue Road hope to break ground soon on a 30,000-square-foot retail and entertainment center at the E192 - FL Turnpike interchange. (Blue Road)

Miami-based developer Blue Road is seeking to reactivate plans for a commercial center at the U.S. 192 - Floridas Turnpike interchange in Kissimmee after COVID put the project on hold.

Blue Road purchased the Flamingo Waterpark Resort at 2261 E. Irlo Bronson Memorial Highway in 2014 and subsequently assembled nearly 30 acres of land around the hotel with plans to develop it with a mix of retail, offices and future residential. They have approved construction plans for Flamingo Pointe, a proposed 31,000-square-foot commercial center fronting on U.S. 192 just off the Turnpike interchange. Cuhaci & Peterson led the design efforts for the center.

Advertisement

“We’re ready to build,” project manager Fabian Banus said. “We’re looking to do a joint venture with an investor.”

He said the approved plans call for five buildings, which would all be developed in a single phase. Landqwest CRE principal Julia Sosa and broker Phil Carter are heading up the leasing efforts. The location is less than a mile from the entrance to NeoCity and Osceola Heritage Park, and it’s convenient to the thousands of new homes being built along the Cross Prairie Parkway in Kindred and Tohoqua.

Advertisement
This conceptual site plan shows a multifamily community with 340 units just off the Floridas Turnpike interchange at U.S. 192.
This conceptual site plan shows a multifamily community with 340 units just off the Floridas Turnpike interchange at U.S. 192. (Kimley Horn)

“The area is really different from what it was a few years ago, when we first got the plans approved,” Banus said.

The firm is also in preliminary discussions to build up to 400 multifamily units on the 21-acre former 9-hole golf course just north of the commercial center. Jonathan Martin with Kimley-Horn held a pre-application meeting with Osceola County’s Development Review Committee and told the planning staff they had designed a conceptual plan that connects to the commercial property.

The property currently has Commercial Tourist zoning, which allows up to 40 dwelling units per acre. The Kimley-Horn plan calls for 340 units, about 16 units per acre, spread among six multifamily buildings. There’s also a separate clubhouse and pool area shown, and two large retention ponds. Martin said they wanted to coordinate with the county on the widening of Simpson Road to ensure the property would have access where there’s an existing curb cut.

Have a tip about Central Florida development? Contact me at lkinsler@GrowthSpotter.com or (407) 420-6261, or tweet me at @byLauraKinsler. Follow GrowthSpotter on Facebook, Twitter and LinkedIn.

Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement