Wal-Mart Hunts for New Site After Oviedo Closes Door

ORLANDO-For the third time in the last two years, Wal-Mart Stores Inc. has lost battles with elected community officials over proposed land-use changes that would have allowed the construction of 250,000-sf super centers.

In its latest foray with local government representatives, the world’s biggest company was shot down by a 4-1 vote of council members in Oviedo, FL, an Orlando suburb in nearby Seminole County. Oviedo officials refused to give Wal-Mart more time to prepare its pitch.

Area brokers familiar with Wal-Mart’s land requirements tell GlobeSt.com on condition of anonymity the Arkansas company already is looking for new development sites in the Central Florida Greenway axis, one of the fastest-growing retail corridors in Central Florida.