Condo office warehouse complex planned in Poinciana Industrial Park

August 20, 2007

The boom continues in Poinciana Office & Industrial Park where plans have been announced for a condo office warehouse and office showroom complex estimated to cost approximately $15 million.

Poinciana 15 Acres LLC has purchased 15 acres fronting Poinciana Boulevard just south of State Road 17-92 on which it plans to build a complex of 14 buildings with a total of approximately 173,000 sq. ft. under roof, according to Cleat Simmons, manager of Poinciana 15 Acres LLC which purchased the site from park developer Avatar Properties Inc.

The site is located on the east side of Poinciana Blvd., opposite the burgeoning McLane Suneast plant which is currently undergoing a $12 million expansion.

If permitting, engineering and architectural design go as scheduled, Simmons said development of the condo office warehouse and condo office showroom complex should commence in the Fall of 2008 and be complete sometime in 2009.

For more information about Poinciana Office & Industrial Park, contact Hank Yunes, Avatar’s vice president of commercial operations, at (305) 442-7000, or Tony Iorio, Avatar’s vice president of land development, at (407) 933-5000. For more information about Poinciana 15 Acres LLC, contact Cleat Simmons at (407) 215-3223.

More about Poinciana Office & Industrial Park

The 1,545-acre Poinciana Office & Industrial Park currently has nearly 3.7 million square feet planned or under roof and nearly 2,500 employees, many residents of Poinciana, the 47,000-acre master-planned community also being developed by Avatar Properties Inc., the community’s primary homebuilder.

Other tenants in the Park include Lowe’s Home Improvement Warehouse and its regional distribution warehouse; Nursery Supplies, Inc., the world’s largest manufacturer of molded plastic

plant containers for the wholesale industry; Jeld-Wen doors and windows (formerly DoorCraft of Florida), Osceola’s 1998 Industry of the Year; Windsor Metal Finishing, winner of the 2004 Sustainable Florida Best Practices Award for Small Business for its use of environmentally-friendly technology; Cargill, Inc. (Nutrena Feed Division); PepsiCo Beverages & Foods/Gatorade (formerly Quaker Oats); MultiFoods; P.R. Manufacturing; Symbol Mattress Company; Florida Power Corporation; Lehigh Cement; Amtrak; Texaco; 7-Eleven; Williams Properties, Ltd.; SSI Properties, Inc.; Commercial Metals Company (dba SMI Steel Fabricators of Florida); Chalifoux Management Group; Nucor Steel Birmingham, Inc.; PROscape; Heritage Jabez V LLC; Joe Adino; Small Bay Partners and Poinciana Commerce Center LLC; Godhino Properties LLC; and Giron Investment LLC.