Friday, January 18, 2008

Fountain Parke could get commercial development

Developer's Web site shows plans for 158,000 SF of retail/office.

Orlando Business Journal - by Anjali Fluker Staff Writer

LAKE MARY -- A South Florida developer plans to build a new 158,000-square-foot shopping and office project in Lake Mary, as well as three retail projects in Clermont valued at $42.5 million.

Pointe Development Co.'s Web site is touting leasing opportunities at Fountain Parke, a site on Rinehart Road with nearly 118,000 square feet of shopping and another 40,080 square feet of office space.

That project, for which the cost has yet to be determined, appears to be part of the 19 acres set aside for commercial development at the Fountain Parke planned development.