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Outlined in yellow is an approximation of the 2.3-acre parcel proposed for dining and retail development on Kissimmee's W192, north of the entry to Margaritaville Resort's retail and entertainment complex.
Outlined in yellow is an approximation of the 2.3-acre parcel proposed for dining and retail development on Kissimmee's W192, north of the entry to Margaritaville Resort's retail and entertainment complex. (Google Maps)

Saudi Arabia-based owners of a 2.3-acre parcel on Kissimmee's W192 tourism corridor are the latest to try and capitalize on proximity to the 300-acre Margaritaville Resort, preparing plans for restaurant and retail pads across the street.

The property lies in the 8000 block of W. Irlo Bronson Memorial Highway on the Orange County side, directly north of the Target-anchored shopping center, just east of E. Orange Lake Boulevard, Miller's Ale House and the intersection with S.R. 429.

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The property was bought in June 1999 for $930,000 by an ownership group made up of local commercial real estate agent Abdulfattah A. Abdullah, and Mutlaq and Ahmad Al-Yahya, who are identified as Saudi Arabians on the LLC's founding documents.

Learn how much of the 200,000-square-foot dining and entertainment complex is leased, according to the developer, and what Jack Nicklaus has planned in Reunion.

Dubbed Shoppes of West 192 as a conceptual project name, a plan was filed with Orange County on Monday with a pre-app meeting requested of staff.

The development is currently proposed as a 5,594-square-foot restaurant building, and a separate 5,760-square-foot retail building.

A restaurant chain is now under contract, an assistant of Abdullah said Tuesday, who is marketing the property.

The retail spec building could hold one to three tenants and has no known tenants lined up, said Mitch Collins, local civil engineer on the project.

Insight into what this growing international restaurant chain seeks in new property buys, and who's working on the Kissimmee construction.

The property lies within the Orlando World Resort PD, on the southern edge of 17 acres that were planned for a timeshare/condo hotel back in 1991 named Orlando World Resort, a project which was never seen through after county approval.

East of this property are a trio of Texas Roadhouse, Pollo Tropical and Joe's Crab Shack restaurants where a new corporate-owned Panda Express restaurant broke ground in July.

Have a tip about Central Florida development? Contact me at bmoser@growthspotter.com, (407) 420-5685 or @bobmoser333. Follow GrowthSpotter on Facebook, Twitter and LinkedIn.

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