Reich Properties lands major tenant to kick off Phase 2 of Narcoossee center

Reich Properties will break ground next month on the second phase of its nearly 30,000-square-foot Narcoossee Retail Center

President John Reich told GrowthSpotter on Thursday that Nemours Children's Primary Care will open its 19th pediatric medical office in the 10,800-square-foot building. Nemours will occupy 4,200 square feet.

The building's opening is slated for early 2019. Reich said he is finalizing a lease with another medical user for roughly 2,000 square feet. 

"Osceola County really wanted to benefit from Medical City, and if Nemours coming to Narcoossee Road isn't an example of that, I don't know what is," he said.

Reich purchased the 3.5-acre parcel on Narcoossee Road, south of Medical City, more than a decade ago. It's one of the few commercial nodes in the county's Narcoossee Overlay District, which has strict development standards.

"They want the buildings to fit in with the rural character, so that's what we've done with the use of stone, Hardie Board siding and corrugated metal roofing," Reich said. 

Bumpus and Associates is the project architect, and The Jordan Companies is civil engineer.  

The center's first phase was completed in 2017 and fully occupied with Building Brains Academy Language Immersion Preschool, Domino’s Pizza Bakery, All Flooring USA and The Nail Lounge and Spa.

A third phase of the project is still in the planning process, and approved for 12,000 square feet. Reich said there's enough new residential development along Narcoossee and Jones roads now to support retail and restaurants in Phase 3.

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