Friday, January 4, 2008

$500M project planned north of airport

Orlando Gateway would feature hotels, apartments, office and retail space.

Orlando Business Journal - by Dan Ping Staff Writer

ORLANDO -- A piece of property near Orlando International Airport described as the "front door" to Orlando for the 35 million visitors who travel here each year is about to get a $500 million makeover.

Orlando Gateway Partners LLC purchased the 120 acres just north of the airport for $32 million Nov. 15 and plans to develop a mixed-use project named Orlando Gateway that would include at least two hotels, up to 1,200 apartments units, 200,000 square feet office space and 140,000 square feet of retail and restaurants.

Looking for economic possibilities for Orlando area's future

Beth Kassab | Business Columnist

January 7, 2008

No matter how you look at it, 2008 -- especially the first two quarters -- will be a year of waiting and watching for definitive signs to emerge from the mixed economic signals we're seeing.

Last week we looked to the past with a review of the Top 10 stories of 2007. Not surprisingly, the slump in the housing industry took the No. 1 spot.

Today we look to the future.

Friday, January 4, 2008

Big-box retailers eyeing Lake Nona

Developer buys 26 acres from Busch Properties for $9.1 million.

Orlando Business Journal - by Dan Ping Staff Writer

ORLANDO -- The tony community of Lake Nona is about to get its first big-box general merchandise retailer near the intersection of Narcoossee and Dowden roads.

Lake Nona Investors LLC purchased a 26.2-acre piece of land Dec. 14 for $9.1 million from Busch Properties of Florida LLC, the real estate arm of Anheuser-Busch Cos. Inc. Located at 9398 Narcoossee Road, the parcel will be used for 330,000 square feet of retail space, including a 200,000-square-foot supercenter retailer.