Proposed Redevelopment of Jai Alai Property

Location

26 acre property formerly occupied by Jai Alai located in Seminole County at 6405 U.S. Highway 17-92 at the intersection of Fernwood Boulevard, 1/4 mile from Route 436 in Fern Park (Orlando), Florida 32730

Type

Neighborhood Strip Center

Size

55,310 SF

Parking

323 Cars

Traffic

Two way average daily traffic 56,600 cars per day

Availabilities

Description

• Located between Altamonte Springs and Casselberry Retail Corridor (Route 436). Near the intersect of U.S. Highway 17-92 and Route 436, one of the busiest intersections in Central Florida with a traffic count of 105,000 vehicles per day
• The property will greatly benefit from the proposed realignment and extension of Oxford Road and the proposed redevelopment of the Oxford Road area with new high density mixed use to serve as "Main Street" connecting the Redevelopment Area to Casselberry City Center with better access to Altamonte Springs SunRail Station
• Oxford Road Long Range Plan to include: new sidewalks, on-street parking, bike lanes, travel lanes, turning lanes and landscaped median
• Orlando has the highest workforce housing rent growth in the country at a 7.4% increase for the year

Agent Information

Bradley M. Schwartz
212.265.6600  x298 bschwartz@rdmanagement.com