Commercial Real Estate, Capital, Insurance, Leasing & Management

Another grocery store headed to downtown Orlando

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Tim Rogers discusses plans for a new grocery store at Modera Central apartments in downtown Orlando.

Excerpted from Orlando Business Journal story.

A new grocery store in downtown Orlando would be important, as the central business district’s current retail lineup, which largely is dominated by restaurants and bars, doesn’t have the services needed to cater to new demands, as previously reported by OBJ. More services — including eye doctors, nail salons, dentists, urgent care facilities and cellphone stores — will be needed downtown as the number of residents grows. City officials expect downtown’s population to jump almost 10 percent in the next five years.

Services and other amenities for residents would find success for the luxury tower’s remaining retail space. “Its location on Rosalind Avenue near the city garage are pros, along with its proximity to the University Club,” said Tim Rogers, a senior associate with Franklin Street of Orlando, who is not involved in the deal.

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