South Florida-based developer The Ferber Company has Aldi Food Market under contract as the prospective grocery-anchor for its County Line Commons shopping center across from Reunion Resort.
The Polk County Development Review Committee is scheduled to vote later this month on a new site plan for the 7-acre parcel at the southeast corner of Osceola-Polk Line Road and Lake Wilson Road, in Four Corners.
Aldi is under contract to purchase 2.32 acres for a 23,000-square-foot grocery store. Taco Bell is in negotiations for a 0.84-acre ground lease for a QSR pad fronting Lake Wilson, and Tire Kingdom is under contract to buy a 1.04-acre lot to build a retail store and service center with 18 bays.
A fourth and final lot of 1.25 acres remains available for sale or lease. Jorge Rodriguez of Colliers International is marketing the property.
Ferber is already building a new Wawa at the corner. The developer will purchase the rest of the shopping center site from the Catholic Diocese of Orlando when permits are issued, a company executive told GrowthSpotter in early August.
Construction should start in First Quarter 2018. The new supermarket will compete head-to-head with Publix, located next door at Ovation.
Aldi's corporate office announced an ambitious plan in June to add 900 new stores in the U.S. over the next five years, with a goal of making it the third largest grocer in the country.
And Haines City has just issued building permits to Aldi for a 200,000-square-foot addition at its regional distribution center to accommodate the company's Central Florida expansion. That facility currently services 70 stores.
Editor's Note: This story was updated on Oct. 4 to clarify the contract statuses of Aldi, Taco Bell and Tire Kingdom.