Xentury City markets land for luxury hotels
Those lots are 29 and 31 acres, respectively, and sit at the northwest corner of Osceola Parkway and IDrive. CBRE is still pulling together its marketing materials and website, but McEwan said a preliminary brochure has drawn global interest. The hotel pads could even command five-star hotels.
“The hotel market is the best it has ever been, and that’s what is driving the level of interest,” he said. “There is potential for a five-star hotel. The metrics for assets like the Waldorf Astoria and Four Seasons Orlando are all breaking records for occupancy. That end of the market is underserved based on the demand.” house space in Orlando for its fifth delivery hub in Florida for medical-grade cannabis products and is actively pursuing retail sites in the market to open its first storefront within the next year.
Located at 161 Drennen Road, the company plans to lease 1,200 square feet to start out for a distribution center to fulfill web-based orders from across Central Florida. It earned city approval on Aug. 6 to use the warehouse bay for storage and distribution, as long as no direct sales to customers occur there.
Orlando will mark the fifth distribution center for LHS in Florida, from which it guarantees free delivery within 24 hours to every county in the state. Prior to opening in Orlando, orders from this market were fulfilled by company’s delivery hub in Gainesville.
The company has four retail dispensaries in Florida, dubbed “Cannabis Education Centers,” with the closest to Orlando currently in The Villages. But it’s now pursuing storefront sites in Greater Orlando. Park-based
has applied to rezone 120 acres in St. Cloud for a Planned Unit Development with entitlements for nearly 1,600 homes and a town center to position the property for sale.
The orange grove is at the southwest corner of Neptune Road and Old Canoe Creek Road, just east of Florida’s Turnpike. It’s currently zoned for Highway Winter Business use (heavy commercial), which doesn’t allow residential development.
“We are proceeding with securing the PUD Zoning in order to accommodate a mix of uses on the site,” Battaglia Group COO Daniel Butts told
“We believe doing so will attract the interest of those developers capable of delivering a premier project for St. Cloud.”
Battaglia Group has owned the land since the 1950s, and the company replanted the grove in 2008.