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Osceola to repave Formosa Gardens Boulevard next to new winery, resort

Osceola County will repave Formosa Gardens Boulevard next week from U.S. 192 to Acadia Estates Court. The road (shown in red) is the main access to a new $8 million winery and botanical garden resort and will also serve the future Margaritavillage development.
Osceola County will repave Formosa Gardens Boulevard next week from U.S. 192 to Acadia Estates Court. The road (shown in red) is the main access to a new $8 million winery and botanical garden resort and will also serve the future Margaritavillage development. (Osceola County)

Osceola County will begin a $300,000 repaving project Feb. 8 on Formosa Gardens Boulevard - the main road servicing the new Island Grove Wine Company.

The paving project starts at the intersection with U.S. 192 in Kissimmee and extends south to Acadia Estates Court. The project should be completed in about a week.

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The $6 million winery and resort is scheduled to open this summer. Developer George Chen had appeared before the county's W192 Development Authority in December requesting that the county not only repave the crumbling road, but also invest in upgraded landscaping in the medians.

"I'm thrilled it's getting repaved," Development Authority Director David Buchheit told GrowthSpotter on Monday. "I think George is doing a great project, and it means a lot to the community. Helping the road look better before that project opens is a good thing."

Chen offered to contribute $50,000 toward the estimated $327,000 cost of installing irrigation and drought-tolerant landscaping, and said the Formosa Gardens Master Association would maintain the plantings. He asked the authority to pick up the tab for the rest of the installation.

But Buchheit said all of the money in this year's budget is spoken for. He said authority members could consider funding the landscaping improvements in 2017. "It's something that will have to be decided when we start the budget process," he said. "We start our budget meetings in May."

The winery project will include cafes, a microbrewery, event space and a large botanical garden and outdoor wedding venue. Later phases are slated to have 72 luxury vacation homes and a hotel.

County Manager Don Fisher said the paving project is being paid for out of the county's road maintenance budget, since the road is 22 years old.

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

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