Topgolfhas nearly 19 acres under contract in Lake Mary along Interstate 4, and filed plans Tuesday for its second entertainment venue in Greater Orlando on a site that was earmarked in recent years for new office buildings.
A preliminary site plan was filed with the City of Lake Mary as part of a Planned Unit Development for 22.47 acres, which lie between I-4, Greenwood Boulevard and Lake Emma Road just south of the intersection with Lake Mary Boulevard.
The first 18.75-acre lot is under contract to Topgolf to develop its recognizable three-story interactive driving range and entertainment venue. Plans show a 27,253-square-foot building footprint and 468-space parking lot.
"We are excited about our potential to become a permanent member of the Lake Mary community," spokesman Morgan Schaaf told GrowthSpotter.
Topgolf first took steps to enter the Orlando market via International Drive in September 2015. That tourism corridor location opened in October 2017, and now employs approximately 550.
The prospective seller is a partnership led by Atlanta-based real estate investor and developer TPA Group, with Lake Mary-based Pelloni Development holding a minority stake. They previously paid $4.5 million in 2013 for the land from Duke Realty Corp.
Up until recently, TPA had been marketing the entirety of this site for sale through JLL Orlando's John Gilbert, touting its development potential for up to 411,000 square feet of office.
Lot 2 on the property, at 3.72 acres, will be retained by the owners and could be developed for hotel, retail or office use in the future.
TPA has a positive track record in Lake Mary, previously developing in 2016 the 220,000-square-foot Verizon operations office building. It also owns more than 22 acres on Primera Boulevard next to the 153-acre New Century Town Center site, where it is now building the Edison at Primera office buildings.
Vivien Monaco of Burr & Forman has served as legal counsel for Topgolf, and Miranda Fitzgerald of Lowndes, Drosdick, Doster, Kantor & Reed, P.A. is representing the current land owner.