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Reconstruction plans are put in place for Publix near UCF

Elevations of Publix facade prototypes in 2020.
Elevations of Publix facade prototypes in 2020.(Publix Super Markets Inc)

Illinois-based InvenTrust Properties wants to reconstruct a Publix building in its Suncrest Village neighborhood center near the University of Central Florida.

According to a permit filed in the St. Johns River Water Management District, the developer wants to reconstruct roughly 60,000 square feet of commercial building area space within the property at 10021 and 10115 University Boulevard.

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The proposed redevelopment would add about 7,150 square feet to the existing 99,600-square-foot shopping plaza for a build out total of almost 107,000 square feet.

Currently, the Publix building at Suncrest Village has a gross area of 46,745 square feet. The proposed reconstruction would increase its footprint to about 51,450 square feet.

Leesburg shoppers are going to get a bigger, better Publix. The Lakeland grocer plans to build a replacement store on U.S. 441.

Suncrest Village opened in 1987 on a little more than 13 acres on the northeast corner of Dean Road and University Boulevard.

Tenants include Fujiyama Sushi, Subway, The UPS Store and an office for the Orange County Tax Collector. GNC, H&R Block, Sign A Rama and Domino’s Pizza are also located within the retail center.

Davey Brown and Justin Greider of JLL currently handling leasing efforts for some available space at the shopping plaza.

InvenTrust Properties, formerly known as Inland American Real Estate Trust, purchased the property in 2014 for $14.05 million from Teachers Insurance and Annuity Association of America (TIAA).

Representatives at IvenTrust declined to comment on the story. Kimley Horn and Associates is the civil engineer.

Publix is known to upgrade tired, decades-old buildings. Last year, GrowthSpotter reported Publix Super Markets created plans to raze an existing grocery store in the Shoppes of Lake Village complex in Leesburg.

Plans consisted of demolishing a former 44,721-square-foot store retail property, built in 1998, and replacing it with a 51,917-square-foot store on roughly the same footprint, while leaving the rest of the shopping village largely intact.

By the end of 2019, the Lakeland-based grocer operated 1,239 supermarkets and opened 35 supermarkets, including five replacement stores. More than 175 stores were remodeled, according to a 2019 annual report released by the company.

In Florida, the firm reported it had 15 supermarkets under construction and 805 locations throughout the state.

Have a tip about Central Florida development? Contact me at arabines@GrowthSpotter.com or (407) 420-5427, or tweet me at @amanda_rabines. Follow GrowthSpotter on Facebook, Twitter and LinkedIn.

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