BREAKING COMMERCIAL REAL ESTATE NEWS
GREATER ORLANDO METRO
WEEK OF APRIL 6, 2020
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Disney Purchases More Land Near Magic Kingdom ORLANDO, Fla. - The Walt Disney Company has purchased more land near Magic Kingdom. The 26.3 acres of land, which sits right next to Reedy Lake, was bought last month by Celebration Company, a subsidiary of Disney, according to Orange County records... |
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Foosaner Art Museum sold, may be replaced by 200-room boutique hotel in Eau Gallie A developer plans to replace the Foosaner Art Museum with a multi-story boutique hotel featuring a rooftop restaurant and bar in downtown Eau Gallie. Northboro Builders, an Orlando firm that revitalizes commercial properties, is under contract to buy the Highland Avenue museum and adjoining Renee Foosaner Education Center from the Florida Institute of Technology... |
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New 105,000 SF project proposed near airport A new warehouse may rise near the Orlando International Airport - the most active industrial market in Central Florida. Dallas-based Dalfen Industrial LLC plans to develop a 105,000 SF warehouse at 4840 Hoffner Ave., according to city of Orlando records and real estate sources. The project is called Conway Logistics Center Warehouse... |
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Tenants can't pay rent? Here's what landlords should do The novel coronavirus has wiped out revenue for many Central Florida small businesses, who now are seeking rental help from their landlords. Except there's a problem: Landlords need that money to maintain properties and make payments to lenders for their mortgages... |
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Winter Park's reversal on controversial 75-acre plan 'counterintuitive' to growth The city of Winter Park has changed course on an earlier approval to allow more intense development on 75 acres — a decision that may throw cold water on new construction in the posh city north of Orlando. On March 30th, the city voted 4-1 to repeal the adoption of the controversial Orange Avenue overlay district, which was OK'd earlier in March. The vote came after Winter Park elected new commissioners last month who aren't as supportive to the more intense development ordinance. ... |
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Amazon-preferred developer preps new 200K SF distribution center A developer that has worked on several major Central Florida Amazon deals appears to have plans for another big local project. Atlanta-based Seefried Industrial Properties wants to develop a 359,290-square-foot warehouse on 48 acres northwest of Republic Drive and Independence Boulevard in Lake County's Groveland, documents filed with the state showed. The project is being called "DFL8 - Groveland Last Mile" in documents... |
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