Orlando Sentinel : 2019-02-11
CENTRAL FLORIDA BUSINESS : 29 : D3
CENTRAL FLORIDA BUSINESS
| D3 Monday, February 11, 2019 Orlando Sentinel CENTRAL FLORIDA BUSINESS ARNOLD Continued from Page D1 and beauty accessories. It is the 29th store for the brand and the first in Central Florida. Lotus By Laura Kinsler, Amanda Rabines The Lotus Asian House restaurant opens at Pointe Orlando on Feb. 21. The restaurant will serve PanAsian variety of dishes from China, Thailand, Japan and Vietnam. The spot at Pointe Orlando, which is on International Drive, was formerly occupied by RA Sushi. GrowthSpotter The Miami billionaireowner of the former Artegon Marketplace has filed new plans with the city seeking approvals for multifamily development on a portion of the 104-acre site.
Dezer Development filed plans last month looking to convert and redevelop roughly 5 acres of "underutilized parking areas within the existing Artegon Mall with residential development."
Planning firm VHB is representing Dezer. The firm is seeking entitlements for a five-story, 365-unit apartment complex with structured parking.
While founder Michael Dezer made his fortune building luxury condos in South Florida, he would not be the developer on this project. Tampa-based American Landmark Apartments appears to the be buyer, and BakerBarrios is listed as the architect, according to documents filed with the city.
American Landmark currently owns more than 20 apartment communities in Florida, including four in the greater Orlando market.
The multifamily site lies on the southwest corner of the mall's vast parking lot. Dezer has rebranded the property as "Dezer City" and is seeking a zoning determination to allow him to open a car museum in the former shopping mall.
Dezer paid paid $23.75 million in 2018 for the IDrive mall property. He subsequently closed his Dezer Auto Museum and relocated the estimated 1,500 vehicles to Orlando.
Property manager Mike Metro Diner Metro Diner is opening a new location in Casselberry on Feb. 19, the sixth restaurant in the area for the Jacksonville chain.
The 3,700-square-foot restaurant will be at 1419 S.R. 436 and features dishes such as fried chicken, meatloaf, biscuits and gravy and chicken pot pie. RED HUBER/ORLANDO SENTINEL Taco Bus Adventist Health adds office space 1 of the corporate headquarters in 2011, Adventist Health System has been gradually expanding and now has about 1 million square feet of office space. In 2013 it completed the six-story Solutions Center, which houses the company’s information technology department.
Last year, the health system completed the buildout of the 27-acre campus. Altamonte Springs city manager Frank Martz previously told Growth Spotter, with the expansion, the company would employ 2,474 corporate workers. Tampa-based Taco Bus is opening its first Central Florida location Feb. 18 near UCF, but look for a soft opening Feb. 13, the company said.
Taco Bus, which is a brick-and-mortar restaurant and not a bus or food truck, is known for tacos and Mexican dishes such as quesadillas and burritos with chicken, pork, beef and seafood fillings. It also sells beer and sangria.
Taco Bus will be in a building formerly occupied by Pie Five at 11325 University Blvd., near Rouse Road.
The restaurant also has an annual eating competition where hungry customers are faced with 2.5-pound “El Jefe Burrito” with a chance at winning a championship belt. Adventist Health System, parent company of AdventHealth, continues to make real estate moves — the latest being its $6.85 million purchase of an office building within the Maitland Preserve office park.
According to a deed recorded recently in Orange County, the health system bought the Southwoods at Maitland Preserve office property at 2600 Lucien Way from Gladstone Commercial, a real estate investment trust based in McLean, Virginia.
The price for the 48,772-square-foot building breaks down to about $140 per square foot.
A representative for Adventist Health System said the office will serve as an additional space for its corporate employees in Altamonte Springs.
Since completing Phase Rich declined to comment. 1,000 to 1,600 square feet. Four of the five will feature two-bedroom units and the remaining unit will have three.
Kitograd said each unit will have fee simple ownership with the option for owners to choose how they wish to use both the office and residential living area.
The project would be a first of its kind in Winter Park and similar to those live-work projects in Orlando's Baldwin Park, which Kitograd said have matured successfully.
Features include a onecar garage, yard space and a private entrance. Prices for the units are yet to be determined, but Kitograd said the price point would be "significantly lower than typical residential Winter Park new construction." Live-work buildings planned for Winter Park Winter Park developer Ira Kitograd is moving forward with plans to build what's geared to be the city's first live-work units.
The developer won a majority vote from Winter Park's City Commission last week to approve a Conditional Use request, allowing him to place residential dwellings over a proposed five office suites at 2600 Temple Drive.
Early site plans show a project totaling 12,950-square-feet with office units totaling about 3,770 square feet. Residential units will range from This is a sampling of our market-leading coverage in the past two weeks at GrowthSpotter.com, a premium subscription from the Orlando Sentinel that focuses on early-stage property acquisition and sale, new development and related financing of real estate. Learn more at GrowthSpotter.com Got a news tip? [email protected] orlandosentinel.com, 407-420-5664, Twitter @kylelarnold or facebook.com/bykylearnold New Businesses Felix Toy's Trucking LLC, 12-MONTH CD trucking, 1921 Stable Drive, Apt. 102, Orlando, 32837. Cuellar Cleaning Services LLC, Occupational licenses issued recently by county and municipal governments in Central Florida; data collected by Market Force Corp. of Newtown Square, Pa. Trail, Orlando, 32837. cleaning, 2122 Opilana St., Orlando, 32837. Orlando Pressure Wash Services, 4.01%APY pressure cleaning, 12407 Blacksmith Drive, Apt. 304, Orlando, 32837. DC Global Purchasing Import & Export Inc., * import/export, 2241 Laurel Pine Lane, Orlando, 32837. LM Your Service Professional, attorney, 12701 S. John Young Parkway, Orlando, 32837. BC Cosmetics LLC, cosmetics, Circle, Orange 2679 Runyon Orlando, 32837. Creative Associates Inc., Ronen Properties LLC, Cecilia Koh Transperfect, marketing-consultant, 8124 Chilton Drive, Orlando, 32836. 8303 Palm 214, Orlando, real estate-sales, 13046 Islamorada Drive, Orlando, 32837.
photography, 13538 Village Park Drive, Suite 125, Orlando, 32837. physician, 2757 Burwood Ave., Orlando, 32837. Insured & Guaranteed Robyzoey LLC, Sun Vue LLC, real estatesales, 3106 Mesa Verde Drive, Apt. 2105, Orlando, 32837. Pin Fior LLC, Parkway, No. 32836. FIRST FINANCIAL GUARANTEE JNVN LLC, 8303 Palm 413, Orlando, Amraina Two LLC, RC Vix Investments LLC, Parkway,No. 32836. cleaning, 13574 Village Park Drive, Suite 230, Orlando, 32837. investments, 3387 Amaca Circle, Orlando, 32837. THE ORIGINAL CD LOCATOR FINANCIAL SERVICE CO.TM AND investments, 8507 Pajaro Court, Orlando, 32836. Santram Two Inc., Lustro Enterprises Inc., miscellaneous services, 13576 Falcon Pointe Drive, Orlando, 32837. Thousands Today, miscellaneous services, 3903 Township Square Blvd., Apt. 1322, Orlando, 32837. 407-536-5321 Fleek Brows Microblading & Training, fitness, 9005 Ave., Orlando, investments, 3956 W. Town Center Blvd., Orlando, 32837. 3F Group LLC, Taborfield 32836. Hero Equipment LLC, IRA & 401k ROLLOVER BONUSES rentals-retail, 13688 Beauregard Place, Orlando, 32837. Global Security Group, Sasso & Buraglia Services Inc., 40 Locations Nation Wide security, 11224 Satellite Blvd., Orlando, 32837. United Dispense R Services, real estate-sales, 3960 Garden Plaza Way, Or- information technology, 1460 Gemini Blvd., Orlando, 32837. Annual percentage yield. Yield and deposit amount, subject to availability. Penalty for early withdrawal. *Promotional incentives included to obtain yield. Certain restrictions apply. Rates may vary depending on deposit amount. Promotional Gifts USA, gifts, 12397 S. Orange Blossom Please turn to Page D4 All bank accounts are FDIC insured. 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Does it depend on when you cash out the CD or when it matures? Again the answer is no, as certificate earnings become taxable whenever the bank or credit union applies the interest — usually monthly or quarterly — regardless of when you withdraw it. 352-568-5398 But what if you’ve invested some of your savings in safer certificates of deposit? CDs come in short and long terms, and everything in between, so do their tax rates vary? download the Orlando Sentinel app One exception is CDs opened within an IRA. Because the same rules apply to all IRA investments, interest earned on retirement CDs is not taxable until the funds are dispersed post-retirement. The answer lies in how CD returns are classified. Unlike stocks and mutual funds, which grow through dividends and price appreciation, or capital gains, what you earn on CDs is interest income. And when it comes to interest income on your tax return, the IRS employs a “one size fits all” policy. Whether you own one certificate or a portfolio of dozens, the tax implications of CDs are straightforward, and unfazed by any attempt to strategize term lengths. So invest in whatever CDs make the best sense for you, and know that your bank will report the interest income lump sum in time for tax seasons. ORLANDO SHARE FOLLOW SAVE House for sale, will move to your lot, 3br 1ba, wood frame house, about 1000 sq ft, $34000, price includes move and new foundation, Modern House and Building Movers Inc, [email protected] modernmovers.com That means it makes no difference whether your earnings are from a 6-month certificate or a 6-year certificate, or even a savings or money market account. 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