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Expansion and renovation plan for old Lake Mary retail center moves forward

Renovations for the Oaks at Lake Mary shopping center include a new façade, landscaping, signage and lighting fixtures.
Renovations for the Oaks at Lake Mary shopping center include a new façade, landscaping, signage and lighting fixtures. (City of Lake Mary)

More retail and restaurants are planned to pop up in the aging Oaks at Lake Mary retail center, coinciding with a $1 million renovation project that will bring the shopping plaza into the 21st century.

Altamonte Springs-based Quest Company has just one public transmittal hearing left for its requested future land use amendment needed for development plans to move forward. Those plans call for the construction of three out-parcel buildings within its 12.6-acre site on the southeast corner of Lake Mary Boulevard and Longwood Lake Mary Road.

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Earlier this month, the Lake Mary City Commission approved Quest Co.’s requested Preliminary Subdivision Plan, creating a five-lot subdivision, and a final Planned Unit Development and rezoning application

Ben LaFreniere, a manager with Quest Co., told GrowthSpotter once the state approves the comprehensive plan amendment he can begin scoring construction permits.

An unnamed tenant will occupy Lot 1 in a 4,000-square-foot building with a drive-thru component.
An unnamed tenant will occupy Lot 1 in a 4,000-square-foot building with a drive-thru component. (City of Lake Mary)

The renovation of the plaza, which holds tenants such as Family Dollar, Tijuana Flats, Earth Origins Market, Planet Fitness and Sherwin Williams, will come first along with the construction of the first single-user out-parcel on Lot 1.

Located on the hard corner of Lake Mary Boulevard and Longwood Lake Mary Road, Lot 1 is planned to hold a 4,000-square-foot building with a drive-through component. LaFreniere said a tenant has been signed on the occupy the space but did not reveal the identity of the business.

Lot 2 will feature the largest building of the three out-parcels, with the capacity to hold up 7,000 square feet of retail/restaurant space and up to three different tenants. Lot 3 will feature a 2,500-square-foot commercial building.

Quest Co. handles its marketing in-house. LaFreniere said he hopes to complete refurbishing the 30-year-old shopping center and developing the out-parcels before the end of this year.

The renovations to the roughly 65,000-square-foot Oaks at Lake Mary shopping center will include a new facade, lush landscaping, new signage and lighting fixtures, and upgrades to the parking lot.

Lot 2 will feature 7,000 square feet of retail/restaurant space and up to three different tenants.
Lot 2 will feature 7,000 square feet of retail/restaurant space and up to three different tenants. (City of Lake Mary)

Quest Co. bought the shopping center in 1997 for $3.7 million. It was built in 1989 near downtown Lake Mary, well before Unicorp National Developments and Project Finance & Development developed the $200 million Griffin Farm at Midtown mixed-use project just across to the west in 2017.

The 33-acre mixed-use community features a 150,000-square-foot shopping center anchored by Winn-Dixie and occupied by other tenants including 24 Hour Fitness, Crumbl Cookies, Beth’s Burger Bar, Tipsy Salonbar and Zaza New Cuban Diner. It also features the 138-lot Griffin Park single-family community by David Weekley Homes and the 263-unit luxury Drake at Midtown apartment complex.

Active developers in the city include D.R. Horton, which is expanding its Fountain Parke townhome community, and Parmenter Realty Partners, which is selling part of some residual land within its Primera Towers office park portfolio to developers for a future TownePlace Suites by Marriott hotel and 10,000-square-foot food hall.

Though plans for the food hall have not yet been submitted, the hotel site plan was recently approved by Lake Mary’s planning and zoning board.

Nearby, Topgolf recently opened a new facility at 1010 Greenwood Boulevard. A new hotel and stand-alone restaurant are being planned across from the entertainment venue.

Have a tip about Central Florida development? Contact me at arabines@GrowthSpotter.com or (407) 420-5427, or tweet me at @amanda_rabines. Follow GrowthSpotter on Facebook, Twitter and LinkedIn.

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