Last year we reported that FDOT was planning to put an off-ramp where the Crossroad Shopping Center sits in Lake Buena Vista, but it appears that the tenants will have a little more time.
Florida Department of Transportation officials, Crossroads tenants, and the property’s owner met in Orange County district court last week in the first eminent domain hearing for the 29-acre property.
Deals have now been made with most of the current tenants in a transaction that will cost FDOT at least $146.9 million, court documents show. Deals with property owner U.S. Cities Fund and tenant Gooding’s Supermarket still have to be made.
As part of the arrangement, tenants at the property will be allowed to remain rent-free at the Crossroads center until at least the end of August 2021.
I’m happy to hear of the extension, as I frequent restaurants in this center like On the Border, Noodles, and Taco Bell.
- Walt Disney World Raises Prices for Annual Passes Ahead of ‘Star Wars: Galaxy’s Edge’ Opening - June 18, 2019
- Iration to Bring ‘Live From Paradise!’ Tour to Central Florida for Two Shows July 2019 @Iration - June 17, 2019
- Out and About: ‘Toy Story Drop!’ Summer Pop-Up Experience Opens at #Disney Springs - June 16, 2019
- Pointe Orlando Announces Upcoming ‘Tranformative Redevelopment’ @PointeOrlando - June 15, 2019
- Disney Springs Offers ‘Flavors of Florida’ Promotion This Summer @DisneySprings #DisneyDining - June 14, 2019
- Sonny’s BBQ Launches Limited Time Smoke & Fire Menu for Summer @SonnysBBQ - June 11, 2019
- The Fortress at Full Sail University Hosts NBA 2K League Presents THE TICKET June 13-15 @NBA2KLeague @FullSail - June 10, 2019
- CitySurfing Orlando’s Picks For Father’s Day 2019 #FathersDay - June 9, 2019
- Orlando Philharmonic Orchestra Appoints Interim Executive Director @OrlandoPhilOrch - June 8, 2019
- 2019 Pulse Memorials And Events in Central Florida #OrlandoUnitedDay #ActLoveGive - June 7, 2019