By Paul Burdziakowski
For Hometown News
With the construction of BJ's Wholesale Club nearly complete and work on the four-lane extension of Yorktown Boulevard almost done as well, the remaining vacant land north of the Altamira Village Shopping Center, owned by Dunlawton Yorktowne Investors LLC, is drawing strong interest from businesses looking for the last of the prime retail locations in Port Orange.
The brokerage company that is generating interest and bringing deals to the table for future shopping center parcels is Charles Wayne Properties. According to Vice President Ted Lightman, interest has been really strong on the sale and ground leasing of four outparcels and one junior box site. The sites will be bordered by Dunlawton Avenue, Yorktowne Boulevard, Superwash Express and the BJ's Wholesale Club.
"We've had activity on every piece of property that is out there, so we are really happy about that," Mr. Lightman said.
There are already deals pending on two of the four outparcels. Mr. Lightman was unable to specify the businesses by name but did reveal that one outparcel would be a high-end convenience store with gas operations and the other a restaurant.
There are several businesses that are already up and running in an adjacent lot of the Altamira shopping village, including Golden Corral, CVS Pharmacy, Aspen Dental and Orange Leaf Frozen Yogurt. Moe's Southwest Grill will soon be joining Aspen Dental and Orange Leaf in the multi-tenant building. Space Coast Credit Union, which will be located between Superwash Express and the Aspen Dental building, is anticipated to submit development plans to the city for review. Moe's Southwest Grill is already in the permitting phase and should begin construction soon after receiving city approval.
According to Port Orange Principal Planner Tim Burman the traffic signal installation is taking place at the intersections of Dunlawton Avenue and Taylor Road. A final layer of asphalt and landscaping will soon take place followed by certification and approval processes with the City.
"Much of the work done in recent weeks has been on the exterior and interior of the BJ's Wholesale Club building," Mr. Burman said. "The new roadway has been proceeding on schedule and once it is completed and approved, BJ's can open.
Mr. Burman also noted the developer has indicated to city staff that permit applications for LA fitness will be submitted later this year or early next year at the latest.
Port Orange has seen dramatic retail development in the last several years with parcels of land east of Interstate 95 drawing the most interest. Businesses that move into Altamira Village Shopping Center will be in an extremely desirable and active corridor with major retailers such as Walmart, Publix and Home Depot nearby and a great deal of residences scattered throughout.
"Retail stores and restaurants want to be located as close to I-95 as possible and be anchored by big box stores like Super Target and Lowes which bring lots of traffic through the area seven days a week," one of the principle owners of Dunlawton Yorktown Investors LLC, Paul Holub said. "That's what brings the real value to this location."