Advertisement
Retail Dining Developments

Walmart to buy former hotel site for Kissimmee supercenter

Walmart appears poised to add another nine acres to its supercenter site on U.S. 192 at Old Lake Wilson Road.

The world's largest retailer paid $7.3 million last month for 29 acres on Kissimmee's U.S. 192 W to build a new Walmart Supercenter.

Advertisement

Osceola County Commissioners approved Walmart's rezoning request in late August, and the company was granted a preliminary permit in October for a 189,067-square-foot store plus a 16-pump gas station and convenience store.

Now, the company has applied to rezone the adjoining nine-acre parcel at 7515 W. Irlo Bronson Highway, site of the former Vacation Lodge Maingate motel that was destroyed by fire in 2011. The property is home to the Black Angus steakhouse, which fronts on U.S. 192.

Advertisement

A revised site plan, filed with the county in late November, shows a 192,782-square-foot Supercenter now located largely on the footprint of the former motel. The gas station has been moved from the northeast corner of the parcel to the southwest corner. The steakhouse remains on a three-acre lot.

The property has been listed for sale, along with the 430 hotel room entitlements, for $2.9 million, but the restaurant was not included in the listing.

The current ownership group had filed preliminiary plans in 2014 to build an 80,000-square-foot specialty retail building on the former hotel footprint, but that request has been withdrawn.

The new Walmart site plan is still under staff review. The rezoning application goes before the Development Review Committee next week.

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.


Advertisement