GlobeSt.com EXCLUSIVE: Kuhn-Lewis Deal Near on Jaymont Block

ORLANDO-Rumored for months, the 50-year-old, 2.29-acre, city-condemned Jaymont Block will be under new ownership and development direction at year end, Downtown office brokers in a position to know tell GlobeSt.com. The multi-million-dollar deal is being set up by Cameron B. Kuhn, the city’s biggest owner-developer of small to mid-sized Downtown properties, with recluse billionaire Joseph Lewis, the owner of Downtown’s largest single vacant commercial property.

The Jaymont Block, comprised of several back-to-back buildings that have been in a dilapidated physical condition for the last 12 years, has a development potential of at least one million sf of office, retail, restaurant and entertainment space, city planners and brokers intimate with the property tell GlobeSt.com.

The block is bounded by Orange and Magnolia Avenues and Church and Pine Street–Downtown’s four busiest commercial corridors. “It’s the city’s biggest embarrassment at the moment,” says an independent Orlando planner who has been working closely with city officials and private development groups to redevelop the property.