By Steven Ryzewski – Senior Staff Writer/Digital Producer, Orlando Business Journal | Feb 1, 2024

It’s often said to “follow the money” — and, in the case of real estate in Winter Park, a series of property transactions may reveal the affluent suburb’s next corridor to boom with commercial development.

An Orlando Business Journal review of Orange County records reveals north of $35 million in deals along West Fairbanks Avenue — from Interstate 4 to the west through Orlando Avenue/U.S.17-92 and to Pennsylvania Avenue to the east — during the past 24 months.
…

Daryl Carter, a veteran land broker and head of Maury L. Carter & Associates, told OBJ he’s surprised the momentum for the roadway didn’t catch even sooner. “I think that whole area is going to look very different in the next five to 10 years.”

Read entire article here: https://www.bizjournals.com/orlando/news/2024/02/01/west-fairbanks-winter-park-real-estate-growth-deal.html

By DUSTIN WYATT | dwyatt@growthspotter.com | GrowthSpotter | December 11, 2023 at 4:45 p.m.

After acquiring land in a rapidly growing area of Apopka  — right in the middle of where more than 3,000 housing units are set to rise and across the street from the site of a future Publix — JW² Development is pursuing a plan to deliver several restaurants and medical offices.

In October, JW² paid $2.68 million for 18 acres of land at the southeast intersection of Ocoee Apopka Road and Keene Road, just east of S.R. 429. The land had formerly been owned for more than two decades by real estate investor Daryl Carter.

For the property, the Winter Garden-based company is planning a 60,956-square-foot, 13-building retail center called Lake Carter Exchange. Five of the buildings would come with patio space, aimed at landing restaurants. The rest of the buildings would be targeted toward medical offices.

Read the entire article here: https://www.growthspotter.com/2023/12/11/land-in-apopka-near-future-publix-eyed-for-new-restaurants-and-medical-offices/