Bruce is the go-to broker for us both on the buy and sell side of land in the Tampa Bay area. We try to leverage his broad commercial real estate knowledge in every deal we do.

Teri Frankiewicz
Vice President
Crown Community Development

Listing Details

Marquee 19± Acre Parcel | Lake Mary
TROPHY DEVELOPMENT OPPORTUNITY High Visibility 170,000 Daily Traffic Premier Orlando Location Mixed-Use PD
Area:
18.9200
Address:

Lake Mary, FL

Description

LOCATION
Southwest quadrant of I-4 and SR 429/SR 417. Newly opened SR 429 interchange with I-4 completes the Beltway around Orlando.
 
SIZE
18.92± acres
 
FUTURE LAND USE
HIP-TI (Higher Intensity Planned Development, Target Industry)
 
ZONING
PD (Piedmont Townpark—North)
 
MUNICIPALITY
Seminole County
 
APPROVED USES
Per Piedmont Townpark—North Development Order: 100,000 square feet of Retail Commercial, 800,000 square feet of General Office, & 250 hotel rooms (300,000 square feet). Assume revision needed to approved uses. Multifamily per HIP-TI: 50 units/acre + FAR of 1.5; must be less than 50% of a mixed use project (ancillary use)
 
NOTABLE
Strategically located at the interchange of I-4, SR 417, and SR 429 completing Beltway around Orlando. The site is north of Colonial Town Park, a mixed-use development with office, hotel, restaurant and retail uses.
 
It is across I-4 from Seminole Towne Center Mall and Market Place at Seminole Town Center with numerous multifamily communities and amenities. Heathrow mixed-use to the south.
 
HEIGHT
85’ - commercial/retail
140’ - hotel; office park

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