CBRE Wins Listing for Trophy Tract Near Disney

ORLANDO-Bonnet Creek Resort, considered to be the last remaining large prime development site available next to Walt Disney World, is back on the market after a two-year lull.

The Orlando and Miami offices of CB Richard Ellis Inc. are marketing the 482-acre tract for a joint venture ownership of locally based Brooksville Development Corp. and the estate of the late Taiwanese investor Ling Kai Kung. There is no asking price and the property will be sold by a silent mailed bid. Area brokers in a position to know tell GlobeSt.com the purchase price is expected to be at least $1 million per acre.

“The site is the only available entitled parcel adjacent to Walt Disney World and Interstate 4,” says Jim Rogers, first vice president of CBRE Hotels in Miami. The dirt is also only minutes from International Drive, the Orange County Convention Center, SeaWorld Adventure Park and Universal Orlando Resort. Robert McEwan, vice president of CBRE’s land and investments group in Orlando is working with Rogers on the listing.