Posts filed under 'Real Estate'
Posted: June 19, 2008: 3:39 pm
Schmier & Feurring Realty Inc. of Boca Raton, FL, has announced it has acquired the Winter Haven Citi Centre in Winter Haven, FL, from Winter Haven Citi Centre LLC for $20 million, or about $108 per square foot.
Located at 700 3rd St. SW, the retail center sits on 16 acres and was built in 2001. It totals 185,705 square feet and is at 100% occupancy. Tenants include Macy’s, Belk, Lowes, Staples, GNC Carrabba’s and Longhorn restaurants as well as Pier 1 Imports.
We thank Lockhart Realty for the upadate.
| See other posts filed in: Commercial Developments, Economic Development, Real Estate
Posted: May 15, 2008: 8:27 am
Satellite view of proposed master planning DRI
City Commissioners, staff, Chamber and Main Street representatives heard a preliminary overview of how redevelopment of the current Chain of Lakes Stadium/Southwest Complex property is likely to proceed. The City actually plans to trigger a “Development of Regional Impact” study (DRI) on a major portion (approximately 200 acres) of the community’s southwest quadrant bounded on the north by Avenue O, south by the Lake Lulu/Shipp canal, east by Park Lake/First Street South and west by Lake Shipp. Local developer Tony Binge presented the conceptual scenerio involving commercial, residential and enhanced public access to the Chain of Lakes. City staff underscored that the plan will provide for all amenities currently found on the Chain of Lakes property including a new facility for Theatre Winter Haven, a new aquatic center and other recreational amenities. Public access to Lake Lulu and the east shore of Lake Shipp would be greatly enhanced.
The master plan being contemplated will produce land use guidelines including more inter-city in fill development of a very high quality as well as an increased emphasis on Chain of Lakes access and appreciation, connectivity to walking trails and downtown.
The information was shared during the City’s annual planning retreat where those present outlined a vision for the city both five and ten years in the future. The areas of emphasis included Economic Development, Community Neighborhoods, Lakes, Leisure, Growth and Development and City Services. The City continues to use the results of the “Our Future By Design” visioning document as a significant benchmark for planning purposes. The document was developed in 1999-2000 by a broad cross section of Winter Haven residents (approximately 200 participated throughout the process).
| See other posts filed in: Chain of Lakes, City of Winter Haven, Commercial Developments, Cultural Arts, Dining, Economic Development, Parks and Green Space, Real Estate, Sports, Uncategorized
Posted: March 28, 2008: 11:02 am
The Chamber has learned that Shaner SPE Associates LP has site plans prepared to build a four story 104-room Marriott Courtyard Hotel on three acres of land fronting Cypress Gardens Boulevard across from the new Towne Center at Cypress Gardens.
Shaner Hotels is one of the foremost owner-operator companies in the hospitality industry. The current portfolio is made up of 20+ properties in 15 states and total assets that exceed $400 million. New properties are constantly evaluated as the division continues a conservative yet opportunistic approach to growth. Shaner plans to build 20 new Marriott properties over the next three years.
No start date has been announced. The hotel’s vicinity location appears below. Projected opening: Spring 2010.
| See other posts filed in: Commercial Developments, Cypress Gardens, Economic Development, Real Estate, Tourism
Posted: February 22, 2008: 3:01 pm
Construction is underway on a new Kohl’s Department Store located on US 27 south of the intersection with Cypress Gardens Boulevard. The retailer will be located between Home Depot and the present Shoppes on the Ridge. The store plans a December 2008 opening.
| See other posts filed in: Commercial Developments, Economic Development, General Announcements, Real Estate
Posted: February 13, 2008: 11:21 am
Holiday Inn Lobby
The ribbon has been cut and it’s official, the new six-story Holiday Inn has opened on Cypress Gardens Boulevard. The hotel features an expansive lobby, impressive Board Room available to rent, lounge area and restaurant open for breakfast and dinner.
Shown above is the fully equipped Board Room and room with King bed
The hotel offers a variety of accommodations from a standard room to suites. Guest rooms feature a 32″ flat panel television. The lobby and restaurant areas offer wireless internet access. A cascading waterfall is the lobby focal point. The Holiday Inn will host the Chamber’s April 24th Networking Showcase. The 112 room facility is owned by Lakeville Partners, LLC.
| See other posts filed in: Commercial Developments, Economic Development, General Announcements, Real Estate
Posted: February 8, 2008: 3:43 pm
Skyrise Development Corporation has posted to their Web site two projects the company is planning on US 17 North:
Winter Haven 166 is described in a pre-development prospectus as a 166 acre commercial/retail (mall) located at US US 92 and US 17.
Winter Haven Shops is the second concept described as 40,000 square feet of retail space just north of Brigham Road (near the Honda Dealership). It, too, is in the pre-development pre-leasing stage.
Skyrise describes itself as a national owner, developer and manager of commercial real estate properties. These include corporate headquarters, landmark properties, urban business parks and more. You can view the Winter Haven postings here.
At this point both projects appear to be in the conceptual stage. No permitting has begun for either development.
Tell us what shops and other retail you would like to see on Winter Haven’s north side.
| See other posts filed in: Commercial Developments, Economic Development, Real Estate
Posted: February 6, 2008: 2:14 pm
The Winter Haven City Commission will consider purchase of downtown’s Hill Building at their February 11 Commission meeting. The $1.2 million purchase would further downtown redevelopment within the downtown Community Redevelopment Agency (CRA) area. Main Street Winter Haven recently received conceptual designs for the South Central Park area as well as surrounding the Andy Thornal Store. The plans outline significant beautification options as well as future retail and parking. The Hill Building property is an integral part of this area.
The Hill Building was originally constructed as the Broadway Arcade in the mid-1920s by W.B. Craig, a prominent Haven builder. It later served as offices for Tampa Electric Company and was later sold to the Hill family and renamed. The building architecture was altered significantly during the time it housed Tampa Electric and for that reason does not meet historic designation guidelines. The building is shown above as it looks today and below as it looked when completed.
| See other posts filed in: Downtown, Economic Development, Real Estate
Posted: February 5, 2008: 5:17 pm
Platinum Bank has opened their new Winter Haven location at 1169 First Street, South … former location of a jeweler. Mike Compton, Senior Vice President notes the initial soft opening is behind them and all systems are go for this location.
Platinum will operate in Bell’s Alley until renovations are completed on 1285 1st Street South, former home to Cornerstone Hospice which is moving to a new location. The bank plans a major facelift for the building which was originally built as a First Union Bank in 1988. Ironically, a slightly younger Compton coordinated its construction. The new look is presented below.
| See other posts filed in: Commercial Developments, Commercial Renovations, Economic Development, Financial Industry, Real Estate
Posted: September 25, 2007: 2:55 pm
The Ledger has reported that Land South Group, Inc. of Mulberry was the successful bidder for Cypress Gardens Adventure Park in Macon, Georgia today. The park sold for $16.8 million and according to bankruptcy attorney, Ward Stone, the approval of the court on Thursday is a formality. The Chamber had learned earlier today that Land South had “prevailed” in the auction and Stone’s comments on The Ledger Web site confirm that information.
The auction was conducted by the Middle District Court-Georgia, Valdosta Division. According to
the report, Wild Adventures Theme Park in Valdosta was purchased by the Herschend Family Entertainment of Missouri (owners of such properties as Dollywood).
Land South Holdings includes partners Brian Philpot and Robert Harper. We have learned that Deputy DEP Secretary, Bob Ballard (instrumental in the original Gardens purchase by Kent Buescher) introduced the company to the process.
Further details will be forthcoming.
Ledger report here.
Here we are … at the top of that first hill again …
| See other posts filed in: Commercial Developments, Cypress Gardens, General Announcements, Real Estate, Tourism
Posted: July 27, 2007: 10:19 am
Winter Park-based Condev Homes will introduce a 61-home Mediterranean-style community on Country Club Road. Hampton Cove will offer up to 1/2 acre estate home sites from $67,000 and homes from the mid $300,000. The community will be gated.
Condev will have a launch party on August 9 beginning at 6 p.m. at the Hampton Cove site. All Chamber members are invited to attend.
| See other posts filed in: Real Estate
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