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Pinellas firm to build 75,000 SF shopping center in Poinciana area

The Barclay Group is developing The Shoppes at Poinciana and expects to complete the first phase in the spring. The total project, when completed, will include 75,000 square feet of retail uses.
The Barclay Group is developing The Shoppes at Poinciana and expects to complete the first phase in the spring. The total project, when completed, will include 75,000 square feet of retail uses. (Barclay Group)

The Barclay Group will start construction early next year on a 75,000-square-foot shopping center in Osceola's fast-growing Poinciana area.

The Palm Harbor-based developer paid $1.5 million to buy the 14-acre site at the intersection of Cypress Creek Parkway and Old Pleasant Hill Road from AV Homes. The firm is in the final permitting stages for Shoppes at Poinciana, which will be anchored by a 22,000-square-foot "junior box" retailer.

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Barclay Group is planning a 14-acre shopping center, Shoppes at Poinciana, at the intersection of Cypress Parkway and Pleasant Hill Road.
Barclay Group is planning a 14-acre shopping center, Shoppes at Poinciana, at the intersection of Cypress Parkway and Pleasant Hill Road. (Osceola County)

"We love Poinciana and look forward to bringing a first class retail shopping center to the market," Tony Tanico, executive vice president of development for Barclay Group's Florida division, told GrowthSpotter. "Poinciana has great fundamentals - Hospital, Poinciana Parkway, Valencia College - driving its continued growth and we are excited to be a part of it."

Tanico said the project will be developed in two phases. The first phase, which is expected to open in Summer 2016, is a 12,000-square-foot multi-tenant building on one of the outparcels. The building is already 60 percent leased by UBreakIFix, Mattress Firm and Verizon.

Shoppes at Poinciana site plan
Shoppes at Poinciana site plan (Barclay Group)

Barclay will also complete site work for the entire property, intersection improvements and signal installation during phase one, he said.

Barclay Group is a full-service, integrated real estate firm that develops, leases, and manages commercial and residential properties from large power centers to master-planned communities. The firm has joint ventured with many national home builders such as Ryland Homes, MI Homes, Lennar Homes, KB Homes, and Taylor Morrison Homes.

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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