Boyd Development is pushing forward with new Development Plan filings for about 45,000 square feet of ancillary retail space around its Publix co-anchor at the lakefront Hamlin Town Center. Vertical construction could start on the grocer by July, and Hamlin's Walmart Supercenter should open by October, the company's president told GrowthSpotter.
The shopping center segment to be anchored by a 54,244-square-foot Publix lies on the southwest corner of New Independence Parkway and Hamlin Groves Trail, directly east of the intersection with S.R. 429.
Boyd's latest DP filings within that Publix PSP will go before Orange's Technical Review Group on May 4. The 6.03-acre Lot B (6.03 acres) has a new DP for 25,118 square feet of commercial use. The space will ultimately be developed with six buildings occupied by up to eight tenants, said Scott T. Boyd.
This first DP for Lot B features three retail buildings ranging in size from 7,300 to 10,582 square feet. Boyd expects construction to start on those buildings around September, to be ready for tenant build-out of the spaces in First Quarter 2017.
Boyd's Hamlin Retail Partners affiliate also filed a DP for 19,874 square feet of commercial use on Lot D (1.91 acres), with plans showing two buildings ranging from 9,825 to 10,049 square feet. This should follow the same time line on groundbreaking as Lot B.
Scott Boyd and Ken Kupp, the partners behind Central Florida's largest town center project, gained perspective from renowned urban planners, architects and retail analysts that influenced their master plan.
Boyd said his team has six or more LOIs for retail tenants along the frontage of New Independence Parkway, and seven along Hamlin's Main Street, though declined to name the businesses prior to signing.
"I'd say at least 25,000 to 30,000 of that 45,000 square feet among those two areas is spoken for, our job now is to get the leases executed," he said.
The developer should file more DPs within the next 60 days for another four retail buildings on the northern side of New Independence Parkway, Boyd said.
Site work is underway on the Publix lot by Dewitt Excavating, with building permit applications under review by the county. Boyd expects vertical construction to start there by July, with the store's opening projected for Q1 2017.
Construction on Hamlin's Walmart Supercenter is well underway with the building's roof in place, Boyd said. He expects that major retail anchor to open around October.
Winter Park's HGR Construction was hired as general contractor for the project by Walmart, with a notice of commencement filed last November and bond amount of $8.6 million listed.
Boyd filed a separate DP to mass grade 31.81 acres of Hamlin land north of New Independence Parkway, on the western edge of Lake Hartley.