As though the name “Celebration,” did not give you enough to cheer about, Mattamy Homes has announced plans to release a limited number of lots in Celebration Island Village and will open sales to the public in EARLY JUNE! But wait, who is Mattamy Homes? We are glad you asked. Mattamy Homes, is a Canadian-based homebuilder, founded in Toronto by …
Urban Air Adventure Park in Orlando
A Bedford, Texas-based trampoline park company plans to open two new Central Florida locations by late 2022. Urban Air Adventure Park will debut in Orlando’s Hamlin community near Hamlin Groves Trail/New Independence Parkway, and in Daytona Beach at a yet-to-be-determined site. The Hamlin trampoline park will be about 60,000 square feet and likely hire roughly 100 people. The locations usually …
Apartment Complex Planned on Lake Monroe in Sanford
A prime lakefront location in Historic Downtown Sanford, previously owned by the late business owner and Heathrow developer Jeno Paulucci, is being eyed by Essian Construction & Development for its next real estate project in Central Florida. The Altamonte Springs-based developer has about three acres of land under contract with plans to establish a new Planned Development called the Vistas …
Preliminary Lake Eola Park Designs Released
We told you in October 2020 that the City of Orlando was initiating a master plan process for Lake Eola Park that would see it updated for future generations. The park, crowned by the historic Linton E. Allen Memorial Fountain, currently hosts over 100 events a year that bring over three million visitors to downtown. Parks staff told us last …
Huge Parcel of Land for Sale in Kissimmee
A massive land parcel south of Kissimmee is for sale. The historic Green Island Ranch, a 5,977-acre parcel in Osceola County, is listed for $140 million — or $23,423 an acre. The land is entitled for mixed-use development for up to 17,000 residential units. The property is listed by Lakeland-based SVN|Saunders Ralston Dantzler’s Dean Saunders and Dusty Calderon, the latter …
Year of COVID – Ups and Downs in Central FL Real Estate
There’s no easy way to sum up the impact COVID-19 had on Central Florida’s real estate industry. When Orange County Mayor Jerry Demings issued the county’s first mandatory stay-at-home order a year ago on March 24, the reverberations could be felt immediately throughout every sector of the industry as much of the economy shut down. The next 12 months would …
NY Mets Shortstop Buys in Bella Collina
The superstar New York Mets shortstop whose effusive grin earned him the nickname “Mr. Smile” just bought a $3.5 million estate in Montverde’s Bella Collina golf community. It was a homecoming for Francisco Lindor, who starred at Montverde Academy before being drafted eighth overall in the 2011 MLB draft. He debuted for the Cleveland Indians in 2015 and subsequently helped …
Evermore Orlando Resort
A new billion-dollar, 10,000-room resort project is coming right next to Walt Disney World. Named Evermore Orlando Resort, the first phase will open in 2023 and will offer a new approach to vacationing according to the developer Dart Interests Florida. Evermore Orlando will feature a large-scale community of homes solely built for the purpose of vacation renting and operate with …
Florida’s Minimum Wage Increase Expected To Reduce Number of Rent-Burdened Households in Orlando
Florida’s increased minimum wage is expected to reduce the number of rent-burdened households and severely rent-burdened households in Orlando. A recent report from Zillow looked at 45 large metro areas where minimum wage was increasing to see how it would impact rent-burdened households, those spending 30% of their income on rent, and severely rent-burdened households, those spending 50% of their …
90 Year Old Building Restored in Winter Garden
Developer Donald Wingate wants to restore the old American Water Flo Supply building in Winter Garden into a commercial building fit for a new single-tenant user. Before it was an irrigation equipment store, the property at 646 E. Plant St. was a repair shop used by the city’s earliest settlers who were citrus growers. Today, the 7,850-square-foot warehouse is vacant. …