The former City Center shopping plaza in Oviedo is getting a major facelift that will include six new buildings, one of which will house the second regional location for specialty grocer Sprouts Farmers Market.
Located at W. Mitchell Hammock Road and Alafaya Trail, work on the project should start in about 45 days, said James Gendreau, a broker with Tailwinds Development. Tailwinds is partnering on the $26 million project with Winter Park-based developer Tricor.
Civil engineer is CPH, and a request for general contractor bids should go out in 45 to 65 days.
"We're expecting in 45 days to have permits in hand and to start full construction," Gendreau told GrowthSpotter. "We're working with quite a few national tenants to bring to our site. It's going to be what we like to think of as the 'place to be' in Oviedo."
The developer filed plans last week with the St. Johns River Water Management District. They anticipate opening the center sometime next summer.
Rechristened as Central Square, the current City Center is an inline retail strip totaling 18,280 square feet. The redevelopment will add another 77,790 square feet of new retail-commercial space on the 13.1-acre site.
The largest of the six new buildings will be 30,550 square feet and house Sprouts. The natural foods grocer announced in April it would be opening a store in Oviedo, but did not confirm the shopping center at the time. Sprouts is also building a store in Winter Park at a former Whole Foods location on Aloma Avenue.
Central Square will also have a 24,300-square-foot space for a "junior anchor" next to the Sprouts market, Gendreau said, plus two smaller buildings attached to each end of the main shopping area, sized at 4,240 square feet and 3,800 square feet.
The rest of the new development will consist of two outparcels: a 9,000-square-foot inline strip on the northeastern quadrant with room for six tenants, and a 5,900-square-foot parcel on the southeastern corner planned for a bank and second tenant.
The existing strip center will undergo extensive remodeling, Gendreau said, with new air conditioning, roof and facades. The 422-space surface parking will include extensive new landscaping.
Gendreau said the partners also have additional land on the west side of the development, part of which fronts Mitchell Hammock Road, that will be a separate parcel and developed later.
"It depends on the interest," he said. "If we continue getting strong interest like we are now, we might do it right away. But the plans are now to get the initial center done and then finish up with (the additional parcel)."
The partnership is actively talking to potential tenants, including national restaurant chains, but Gendreau said there will be plenty of room for other occupants.
"We'd love brokers in the area to bring their tenants to us," he said. "We have space for them."