BREAKING COMMERCIAL REAL ESTATE NEWS
GREATER ORLANDO METRO
WEEK OF AUGUST 3, 2020
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Local construction firm Randall buys land for new manufacturing facility One of Central Florida's largest privately held firms is growing. Apopka-based construction firm Randall plan to create 60-70 jobs for a new precast concrete manufacturing facility southeast of Keene and Clarcona roads, said Mark Shumate, general manager of Randall Engineered Wall Systems, a Randall partner company. The new facility may take four to six months to build, and the new jobs range from semi-skilled to skilled positions... |
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Tupperware land sale to New York developer delayed in part due to arsenic The potential sale of hundreds of acres by Tupperware Brands Corp - one of Central Florida's largest publicly traded companies - has been delayed for several months in part due to efforts to clean up land contamination. Earlier this year, it was announced that Orlando-based Tupperware plans to sell 740 acres in both Orange and Osceola counties through its related entities to its longtime New York-based development partner, O'Connor Capital Partners LLC... |
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Industrial struggles in tourist corridor despite success elsewhere in Orlando The pandemic has severely hurt Orlando's convention and theme park business, causing a ripple effect of pain extending to nearby hotels, restaurants, nightclubs and more. And industrial companies who support these industries - particularly the Orange County Convention Center, which has hosted less than a handful of events since March - are also barely hanging on financially, according to industrial real estate experts...
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New food hall, beer garden coming south of downtown Orlando An Orlando developer looks to transform a roughly 60-year-old retail center south of downtown. Elevation Development LLC aims to keep the bones of a shopping center at 4710 S. Orange Ave. with roughly 18,602 square feet of space and offer 15,730 square feet of renovated space with 95 parking spaces and a 1,730-square-foot, free standing building. The development is expected to feature a beer garden, a deli and smaller restaurants in a food hall-like setting... |
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Restaurants, coffee shop among concepts that opened during pandemic It's never easy starting a business - particularly during a worldwide pandemic. But dozens of Orlando retailers have opened during Covid-19 for a number of reasons. Some thing their business can be successful in these uncertain times; others are forced to open due to lease obligations... |
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New apartments in the works in Volusia County A Gainesville developer wants to build more than 300 apartments in Volusia County, according to plans filed with the state. POA Development LLC, a related entity to developer and apartment owner The Collier Companies, this month filed plans for a 324-unit complex in Port Orange. The development will feature 194,000 square feet of buildings on a 35-acre site, according to documents... |
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Orlando offers new tool for developers The city of Orlando has rolled out another way to connect the business community to planning and permitting services, which are vital for the area's economy. Last week, the city launched a virtual customer care center though its website for virtual face-to-face appointments with a permitting technician or city planner. In-person meetings have been limited due to the pandemic, and the city has relied on phone and email to answer questions about these services before introducing this virtual customer care center,... |
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Universal pauses construction on new Epic Universe theme park Orange County, Fla. - The company that owns Universal Orlando announced Thursday work on the resort's new theme park "Epic Universe" will remain paused indevinitely. In a conference call with investors, NBC Universal CEO Jeff Shell said the company would be pausing development of the new park until "our future becomes more certain"... |
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Rooms to go new showroom near Mall at Millenia Rooms To Go is opening a 50,000-square-foot showroom in Orlando at 4751 Vineland Road, across Interstate 4 from the Mall at Millenia. The retailer is planning its grand opening weekend starting Friday August 7, through Sunday August 9.. |
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