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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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