Four years after demolishing the old Roomba Inn hotel on W192, Ontario-based CTN Developments is slowly moving forward with a plan to redevelop the 7-acre site in the heart of Kissimmee’s tourism corridor.
CTN Vice President Abdul Alshoghri told GrowthSpotter the company is still waiting to get final permit approvals for the long-planned Hilton Home2 Suites hotel. The 142-room extended-stay hotel has been in the works since 2018, but Alshoghri said the permitting process has taken longer than expected. In June, CTN reached a drainage fee agreement with the Reedy Creek Improvement District for a stormwater retention facility that would serve the hotel.
Last week, executives with Jamison Commercial Partners received site approval from Osceola County’s Development Review Committee for a pair of buildings on the 2.1 acres fronting on U.S. 192. Elliott Jamison told GrowthSpotter his firm is under contract to buy the retail lots, but first the property needs to be subdivided and replatted.
The approved site plan calls for a 13,000-square-foot medical/retail building and a quick-service restaurant with a drive-thru that exits onto Holiday Trail. The site plan approval was just for compliance with the county’s W192 design guidelines. The applicant still needs to file site development plans after the property has been subdivided. Jamison said his team can now start to move forward with lease negotiations for the multitenant building and end users for the QSR. “We’re headed in the right direction, but we’re not there just yet,” he said.
Meanwhile, CTN is considering multifamily for the remaining 2.19 acres of the property. The developer has requested a pre-application meeting with the county DRC to discuss plans for a 7-story mixed-use residential building with a 4-level parking garage and retail on the ground floor.
The developer submitted detailed site plans and elevations from Archenics for the 194-unit building. The unit breakdown would be 43 one-bedroom units, 128 two-bedroom units and 23 three-bedroom units. The northeast corner of the building would house a convenience store on the ground floor, according to the site plan. The southeast corner would be home to the fitness center and clubhouse.
Outdoor amenities would be located on the roof of the parking garage.