Park Square Commercial has zeroed in on Kissimmee’s fast-growing Tupperware SunRail Station area for its third hotel project.
Executive Vice President Vishaal Gupta told GrowthSpotter the company has a purchase contract on the entitled hotel pad within the 37-acre transit-oriented project known as Osceola Corporate Center.
“There’s really not a strong branded hotel within three miles of the site,” Gupta said. “The closest Marriott hotel is over by the Darden offices on John Young Parkway.”
Gupta said Park Square is seeking a Marriott franchise for a 140-room, dual-branded hotel with a Fairfield Inn and TownePlace Suites. The company frequently locates the TownPlace extended-stay concept near hospitals and other medical facilities – like the one that opened in 2019 near the main Orlando Health campus in SoDo.
Gupta said having the new Orlando Health Tupperware Campus right across the street made the Osceola Parkway site highly desirable. “We’ve been told they’re looking to build more facilities and medical offices, so we feel it’s a strong draw,” he said.
Park Square filed a pre-application meeting request with Osceola County this week. The developer has a meeting scheduled in mid-April with Marriott’s franchise committee, around the same time the developer expects to file a Site Development Plan for the 5-story hotel. Gupta said Park Square is asking Marriott to let them replace the typical swimming pool with a larger outdoor dining area.
“We don’t think families going to Disney World are going to be staying at our hotel,” Gupta said.
The hotel site is included in the first development phase for the mixed-use district. O’Connor Capital Partners is lead developer, in joint venture with Tupperware, for the project. The approved master plan also calls for up to 1,700 multifamily residential units, 180,000 square feet of retail and 60,000 square feet of office space.
The shops and offices will front on S Orange Avenue, while the hotel would face Osceola Parkway, according to the conceptual plan.
Tupperware previously sold a 3.5-acre hotel pad across from its headquarters on Orange Blossom Trail for a 128-room Hampton Inn, which is now under construction.
Park Square Homes launched its commercial division in 2015, branching into multifamily, retail and hotel development. The company completed its first WoodSpring Suites in Davenport last year and started building a second in Sanford.
EDITOR’S NOTE: This article has been updated with the current development status of the Hampton Inn on N. Orange Blossom Trail.