Developers Buzzing Around Four Corners

ORLANDO-Four Corners, a 91-square-mile unincorporated area with portions located in four adjacent counties 15 minutes from Walt Disney World, is the newest hot development spot on the metro area radar screen.

More than $1 billion in new development is planned for the area whose 27,000 permanent population is growing at a 10% annual clip, local land planners tell GlobeSt.com. National retailers, such as Wal-Mart Stores Inc., follow the population numbers closely eager to capitalize on a new market, area retail brokers tell GlobeSt.com.

Wal-Mart, for example, plans to open a 204,000-sf, $12 million Supercenter staffed by 450 employees. The site is just north of US 192 and US 27, part of the 728-acre Cagan Crossing subdivision. The subdivision has 1,000 apartments and is zoned for a total 8,000 units in South Lake County.