Hickman Enterprises, a small boutique development company based in Winter Park, has two separate projects on the drawing board in Seminole County.
The company, headed by president Andre Hickman, has submitted a site plan to the county for two office/warehouse structures in the family-owned I-4 Industrial Park on the west side of Evangeline Way. Hickman told GrowthSpotter the 5,000- and 6,000-square foot buildings will be built on spec and will likely be leased to small-business owners.
“In this market, it hasn’t taken very long to lease industrial property,” Hickman said. “It’s right at the corner of I-4 and State Road 46. It’s across the street from the Seminole Towne Center and there are lots of restaurants. It’s a very developed area.”
The lots in the industrial park are already developed with access to utilities, sewer and water. The two buildings, each with an office and warehouse component, will sit on 1.18 acres a mile's drive or less from the State Road 46 interchange with Interstate 4.
The company has submitted a pre-application to the county and it has been reviewed, said Danalee Petyk, a senior planner with the county’s Development Services department. No meetings are scheduled for further discussion and review.
The company’s investment in the two buildings will likely top $1 million, Hickman said.
“We’re hoping to start moving dirt in the first quarter of 2019 and finish up in the final quarter of 2019,” he said. “We have a handful of contractors we will bid it out to.”
American Civil Engineering Co. of Winter Springs is the civil engineer on the project.
Hickman said his father bought the land and started developing the industrial park in 1970. The park has about 30 lots remaining that Hickman wants to develop during the next 10 years.
Hickman Enterprises also has submitted a pre-application for AirSan Development, a commercial, mixed-use development on the northeast corner of East Lake Mary Boulevard and Sipes Avenue. The company is seeking to rezone the 16.46-acre project site from A-1, agricultural, to Planned Development and commercial subdivision.
Hickman is in the process of buying the land from the estate of Henry Allen, which is represented by executor Regan Charles. Hickman said he expects to close in the fourth quarter of this year.
“We’re just in the very early stages of figuring out the possible uses,” Hickman said. “We’re hoping for a gas station, a retail center and a hotel. And maybe an industrial warehouse component as well.”
Several hotel chains have shown an interest in the development, Hickman said. The property has 800 feet of frontage on Lake Mary Boulevard and is close to Orlando Sanford International Airport and the Boombah Sports Facility at Seminole County.
It’s way to early to estimate how much developing the complex will cost or when work might begin, Hickman said.
“We’re going to close (on the property) before we do anything. And we’ve got to get the zoning first,” he said. “There’s nothing concrete yet. There’s a multitude of hoops to jump through still.”