Tupperware Brandsis preparing a 20-acre site at Orange Avenue and Osceola Parkway for up to 400 apartments in hopes of landing a multifamily developer, a company executive said on Thursday.
The site is directly across from the new Orlando Health medical complex, and within walking distance of the Tupperware SunRail station expected to open in July.
"We're going to be commencing site work on the property as soon as possible," Executive Vice President Tom Roehlk told GrowthSpotter. "It's going to be cleared, grubbed and filled, and we're going to go ahead and put in the stormwater pond."
The site is largely composed of wetlands, but Roehlk said Tupperware has active permits from the U.S. Army Corps of Engineers and South Florida Water Management District to fill them.
"We've already bought mitigation credits," he said. "We're going to be filing a revision to the permit, converting it from two stormwater ponds to one pond."
The site falls within the greater Osceola Corporate Campus (OCC) Planned Development, which includes all of the current and former Tupperware land holdings. Roehlk said it was previously under contract to a multifamily developer, but the buyer backed out.
"We feel like we'll have better luck marketing it once it's been improved, so when you look out there you don't see a forest," he said.
The goal is to have the site pad-ready by mid-summer.
Roehlk said the 240-unit Eastwind apartment complex on Orange Avenue, across from the SunRail station, should break ground this year.
The owners of 124 acres just east of the Tupperware holdings, known as the Ramona project, are also looking to market their site for mixed use, including up to 700 apartments and townhomes at the southwest quadrant of the Osceola Parkway - Florida Turnpike interchange.
Their Mixed-Use PUD application advanced through the city of Kissimmee's Development Review Committee earlier this week.
Tupperware spent millions to rebuild Orange Avenue as a four-lane divided roadway, and it should open to traffic on March 31.
EspoGroup, which built the office park on the south side of Osceola Parkway, is prepping to start construction on a new three-story, 20,000-square-foot mixed-use building on a 1-acre outparcel in front of the proposed multifamily site.