An aging single-family residence near downtown Lake Mary will be torn down to make room for a new office development that will house a family-owned plumbing business.
Late last week Lake Mary’s City Commission approved the site plan for a proposed 4,000-square-foot office building at 130 Middle St., where a roughly 600-square-foot house, built in the 1960′s, stands.
Today it features a 150,000-square-foot shopping center anchored by Winn-Dixie, formerly the space was announced to be a Lucky’s Market. Other tenants include 24 Hour Fitness, Crumbl Cookies, Beth’s Burger Bar, Tipsy Salonbar and Zaza New Cuban Diner.
The 33-acre mixed-use development also features the 138-lot Griffin Park single-family community by David Weekley Homes and the 263-unit luxury Drake at Midtown apartment complex.
The apartment development was purchased by a closed private equity fund managed by Chicago-based RREEF Property Trust, an arm of Deutsche Bank, for $67.75 million in 2019.
Nearby, Topgolf recently opened a new facility at 1010 Greenwood Boulevard. A new hotel and stand-alone restaurant are in the midst of being planned across from the entertainment venue.
D.R. Horton is also active near downtown Lake Mary. The homebuilder is prepping to build more than 100 townhomes and 20,800 square feet of commercial space on Fountain Parke Boulevard, on the east side of Rinehart Road.
The Lake Mary metro area is known for its office market and the multi-million-dollar homes located in the Heathrow community. Close to that is the 370-acre Heathrow International Business Center, which features over 2 million square feet of office space.
Within Heathrow, Lake Mary-basedIntegra Land Co. recently opened its 350-unit Integra Crossings apartment complex, that’s part of a larger mixed-use project slated to consist of a 100,000-square-foot hotel with 240 rooms and 325,000 square feet of commercial space.