recent projects
Altamonte Town Center is a 25-acre, 1.5 million square foot entitled
master planned development fronting S.R. 436 and Cranes Roost Boulevard
in Altamonte Springs, Florida. Altamonte Springs, located in Seminole
County, is part of the dynamic Orlando, Florida market and consistently
ranks in the top ten growth markets in the country. Restaurant Business
magazine recently ranked Orlando seventh in the nation for restaurant
growth. Altamonte Town Center will be a mixed-use lifestyle and
entertainment development that will include retail, restaurants, office,
residential and hotel components. This waterfront community will be a
national model for Town Center redevelopment and will provide Altamonte
Springs with a new downtown that will be a true “live, work and play”
community.
Altamonte Town Center, a redevelopment of the former North Lake Plaza,
is located at an established regional shopping hub. Altamonte Town
Center is immediately adjacent to and located between the Altamonte mall
and Interstate 4. Altamonte Mall is a 1.3 million square foot regional
mall anchored by Burdine’s, Dillards, Penny’s and Sears. Under
construction of the mall and set to open in the spring of 2002 is a new
AMC 18 screen stadium seating theatre. Additional traffic generators in
the immediate trade area include Florida Hospital’s northeast campus as
well as numerous corporate offices including Lucent and Kirchman
Corporation. Altamonte Town Center is also located within a five-minute
drive of Maitland, the largest suburban office sub market in Orlando
with approximately 5,500,000 square feet of office space.
Altamonte Town Center will follow strict design guidelines. Restaurant,
retail and commercial office space will be located close to S.R. 436
framing the main entry. As the development moves further north, and the
site gently slopes down to Crane’s Roost Lake, and the new Crane’s Roost
Plaza, denser urban patterns of 3 to 6 story retail, residential, and
office uses with structured parking garages are proposed, including a
300 unit luxury residential tower. Cranes Roost Plaza will be located at
the northwest corner of the development at the banks of Crane’s Roost
Lake and will be a gathering place to enhance the numerous concerts,
events, and civic activities currently featured year round by the City
of Altamonte Springs.
Call Mark Sneed at (407) 331-7373 for leasing information.
