Doran Plans Estimated $10 Mil Town Center in North Suburb

WINTER SPRINGS, FL-This once-forlorn suburb of 30,200 permanent residents, 15 miles north of Downtown Orlando, is getting a 240-acre town center with a potential 200,000 sf of retail/office development at an estimated hard construction cost of $10 million.

James Doran Group of Orlando plans to break ground in February on the first of six buildings totaling 90,000 sf of retail and office. Another 40,000 sf would be started by year-end. A 44,000-sf, estimated $2.2 million Publix Supermarket would be one of the anchors at Market Square, the planned town center’s commercial side.

Magnolia Square, comprised of a central park on Lake Jessup, would complement the commercial component. The city has a $5 million state grant it has been sitting on since 1998 to pay for land that will make up the five interconnecting parks.