Although the 1.3 million-sf, $250 million, 405-acre Mall at Millenia in south Orlando stole the headlines in late 2002, the limelight for most of 2003 and 2004 will be at the western end of the 49-million-sf retail market, from suburban Ocoee, FL to Clermont, FL in neighboring Lake County.
"This area will be hot for several years," Colliers Arnold research analyst Bobby Palta tells GlobeSt.com. "The development of this area shows no signs of slowing down."
Publix, Target, Walgreens and Home Depot are among the national retailers already on the scene. Wal-Mart is trying hard to gain a foothold and probably will overcome local development opposition this year, area brokers tell GlobeSt.com.
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