Commercial Real Estate, Capital, Insurance, Leasing & Management

Unicorp envisions $200M in new shops, restaurants, homes in beachside community near Latitude Margaritaville

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Terrence Hart, a senior director with Franklin Street in Orlando, is representing Consolidated-Tomoka on part of the land sale of a roughly 150-acre site in Daytona Beach’s fast-developing area of Interstate 95 and LPGA Boulevard.

Excerpted from Orlando Business Journal story.

Meanwhile, Unicorp plans to start construction on its new project in first-quarter 2019. The first 23-acre phase, dubbed Shoppes at Williamson Crossing, will feature about 100,000 square feet of un-anchored shops and restaurants. No tenants have been signed, but Unicorp President Chuck Whittall said his company is in talks with about 30 potential tenants.

The second phase is made up of another 100,000 square feet of shops and restaurants on about 13 acres. Apartments and homes will be part of the third phase, which is about 111 acres, Whittall told OBJ. “It’s a great growth area. With our project and things happening now, there won’t be a lot [of developable land] left in that market. The timing is just right.”

Terrence Hart, a senior director with Franklin Street in Orlando, is representing Consolidated-Tomoka on part of the land sale, which is expected to close Aug. 30.

For full story, visit https://www.bizjournals.com/orlando/news/2018/08/23/unicorp-envisions-200m-in-new-shops-restaurants.html

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