Lakeside Village

About This Project

LOCATION

Lakeside Village is strategically located along County Road 535 / Winter Garden Vineland Road (19,900 AADT), a heavily trafficked artery pro­viding access within the Horizon West area, and between Interstate 4 / County Road 429 (the Western Beltway) and Walt Disney World. There are significant barriers to future area retail development with Walt Disney World to the southwest, residential development surrounding the property, and entitlement restrictions that preclude significant commercial development along County Road 535 running north or south for miles.

 

SOUTHWEST ORANGE COUNTY

Southwest Orange County is the fastest-growing submarket of Metro Orlando. A few of the currently developing communities proximate to Lakeside Village include Crosswater at Lakeside (300 apartment units), Citra at Windermere (360 apartment units), Windermere Trails (650 single-family homes by Meritage and Beazer), and Mable Bridge (238 single-family homes by KB Homes). Numerous other residential projects within 3 miles of Lakeside Village represent thousands of additional homes/units in various development stages.

 

EXISTING TENANTS

A 47,000-Publix grocery (including liquor store) opened in December 2011 and anchors the shopping center. McDonald’s (opened October 2011), JP Morgan Chase Bank (opened March 2012), and 7-Eleven (opened July 2012) have all taken positions on outparcel pads to the shopping center. Current tenants in the leasable space include Anytime Fitness, Heartland Dental, Piazza Rialto (Italian restaurant), Salon Dulay (Aveda), Windermere Dermatology, The Eye Place (optometrist), Best Cleaners, My French Café, Century 21, Venetian Nails and Spa, and Perrotti’s Express (sandwich shop).

 

PHASE II

Phase II of the Lakeside Village Center is a 14-acre parcel between Publix to the north and the Reams Road Realignment (opening in June 2013) to the south. Development of this phase will include additional outparcel development along CR 535 and Reams Road and office and retail development on interior parcels.

Category
Commercial, Portfolio