The owner of a 36-acre forested wetland on Kissimmee’s W192 corridor has filed construction plans for a condo resort that includes a mix of detached homes and an 8-story tower next to the Medieval Times attraction.
Developer, Juan F. Nagaro, hopes to break ground by September on a 269-unit condo project. He purchased the property along Four Winds Boulevard in 2020 for $300,000 under the entity South American Holdings LLC. The property is behind the former Jungleland Zoo, which reopened in 2022 as a German-themed beer garden called Krush Brau Park.
Nagaro sought annexation into the City of Kissimmee in 2021 for the Four Winds property but residents of the adjacent neighborhoods opposed the project. City Commissioners unanimously rejected the annexation and zoning request that would have allowed a 312-unit apartment complex. Nagaro subsequently rezoned the property to Commercial Tourist and filed a Site Development Plan in Osceola County last November.
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The developer plans to build a new road, Ausch Boulevard, into the site and line it with a row of 36 single-family detached condos on both sides of the road. Those units would have either four or six bedrooms and on-street parking. The 234-unit multifamily condo complex would rise on the site’s eastern portion. The design calls for three 8-story towers with a shared parking garage and a separate pool and clubhouse.
The parking garage would be designed to accommodate 600 vehicles on five levels, which exceeds the minimum requirement by more than 100. The top level of the garage would incorporate 17,900 square feet of recreational space. Nagaro told GrowthSpotter he hopes to break ground as early as September.
This week, he filed construction plans by civil engineer KPM Franklin with the South Florida Water Management District for the project, which would impact nearly 12 acres of wetlands. He said those wetlands would be mitigated off-site.
A licensed architect, Nagaro founded Lincoln Heights Estates LLC in 2021 to oversee all of his Central Florida development projects. He enlisted architect Irini Zhupa Zendeli with Alana Design Build for the resort project.
Nagaro is also close to wrapping up the renovation of the former Golden Link Motel at the intersection of W192 and Vineland Road. He bought the property last year for $5.7 million and initially considered razing it to build a new tower but ultimately decided to renovate the existing building and rebrand it as the Viette Hotel. He said it’s on schedule to open this spring.
He said he’s also under contract to buy a Ramada Inn near the Kennedy Space Center.
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.