The Colorado-based specialty grocer will conduct a ground lease with Unicorp for a 29,000-square-foot building pad, and will then collect construction permits and build the store itself, according to Alexie Fonseca, director of leasing and development with Unicorp.
The retail center's other main anchor, 24 Hour Fitness (38,000 SF), is also managing its own construction, with a building shell now delivered. The development is located at the southwest corner of W. Lake Mary Boulevard and Longwood Lake Mary Road.
Unicorp is managing the permitting and construction for seven multi-tenant inline retail buildings that total about 58,000 square feet, and turned over shell space in January for the first two buildings that total 14,000 square feet.
Named tenants for Griffin Farm include Tipsy's Nail Salon, Dunkin Donuts, FCB Bank, Mattress One, Hand & Stone, First Watch, Max Muscle, Pet Supermarket, Zaza Cuban Cafe, Juice It Up!, Men's Groom Room, and Kona Poke (lease/LOI), per Fonseca.
Phase 2 construction should begin in March, and consist of stand-alone buildings for Lucky's Market and FCB Bank, and four more inline retail buildings, she said. A November delivery is anticipated.
Griffim Farm Town Center will now boast more than 125,000 square feet of retail, per its latest site plan. David Weekley Homes will build 138 single-family homes directly adjacent, a partnership financed in part by Minneapolis-based investment firm Castlelake.
Vertical construction is active on the development's 268-unit Drake at Midtown apartments, which Unicorp said will have its first units ready to open by September. Drake is an estimated $100 million development on its own, which will have resort-style amenities that include hammocks and keyless door entry.
The confirmed signing extends a flurry of expansion activity by Lucky's Market in the Greater Orlando market in recent months.
In late January, the company announced plans to lease a vacant Sports Authority space near downtown Orlando at 3230 E. Colonial Dr., across from Orlando Fashion Square Mall. A fall opening is estimated on marketing materials.
Woolbright Development and Lucky's Market have told Apopka city staff the grocer is planning a new store in the Wekiva Riverwalk shopping center at 2121 E. Semoran Blvd.
Lucky's only area store now open is in east Orlando at 11750 E. Colonial Dr., on the intersection with Alafaya Trail, which marked its market entry in June 2016.
Lucky's Market announced last year it had four new stores in the pipeline for Greater Orlando, not counting the new Apopka site. Those four submarkets named were Hunter's Creek/Kissimmee, Winter Park, Clermont, and the SoDo district in downtown Orlando.
The SoDo location is a mixed-use development at S. Orange and Pineloch avenues where vertical construction should start this year. The Winter Park location should be complete late this year in a former Winn-Dixie anchor space in the Unigold Shopping Center, and the Clermont location is anticipated to open this spring in a former Sweetbay Supermarket space.