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Shopping center developer Paradise Ventures has a contract on the 13-acre site at the corner of U.S. 27 and Sand Mine Road. The developer used this previously-approved site plan for discussion purposes during a pre-application meeting last week in Polk County.
Shopping center developer Paradise Ventures has a contract on the 13-acre site at the corner of U.S. 27 and Sand Mine Road. The developer used this previously-approved site plan for discussion purposes during a pre-application meeting last week in Polk County. (Polk County)

A Pinellas County-based developer has a purchase contract on a 13-acre corner parcel on U.S. 27 in Davenport zoned for a town center.

Paradise Ventures is the nation's largest developer of Publix-anchored shopping centers, and has also developed nearly 100 Walgreen's stores in eight states.

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It's unlikely either of those tenants would locate within the new project at U.S. 27 and Sand Mine Road. There's already a Publix directly across the street, and Walgreen Co. has owned the land under contract for a decade and never built a store there.

CVS and Dollar General are also at the southeast quadrant of the intersection.

Details on 58 acres the developer has under contract, planned for mixed uses near ChampionsGate.

Paradise Ventures project manager Brad Karns met last week with Polk County's Development Review Committee to discuss the proposed uses and site plan. In his filings, Karns wrote that the exact tenant mix is unknown but would likely include grocery-anchored strip retail, a fuel station and restaurants.

The company's client list from past projects includes Kohl's, Bed Bath & Beyond, Lowe's, Ross Dress-For-Less, Stein Mart, Old Navy, BJ's Wholesale, Home Depot, and Pier 1.

Orlando-based Elevation Development previously had the site under contract and considered a variety of site plans, including one that would have eliminated the grocery store and added an apartment complex on the eastern half of the site.

Learn more about the Jacksonville-based developer in the early planning stages for a new grocery-anchored retail plaza in Four Corners.

Officials with Paradise did not respond to requests for comment on Tuesday.

Sand Mine Road eventually will be extended into Osceola County and will connect with Westside Boulevard, providing a vital east-west route for the region.

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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