News Summary
Orlando’s proposed AREA15 immersive art and events center has been canceled, with a new commercial proposal called Vineland Galleria now under consideration. The site, located at the northwest corner of Lake Street and Regency Village Drive, was purchased for $24.18 million and will feature commercial spaces and restaurant pads. The project is positioned strategically near major attractions, aiming to enhance Orlando’s tourism sector.
Orlando Cancels AREA15 Plans for New Development
Orlando, Florida – Plans for AREA15, an innovative immersive art and events center initially proposed for Orlando’s vibrant tourism corridor, have been officially canceled. A new commercial development proposal, named Vineland Galleria, is now under consideration for the vacant 16.5-acre site situated at the northwest corner of Lake Street and Regency Village Drive.
Property Development Details
The application for the new development has been submitted by Cornerstone Collard Vineland, LLC, a collaboration between The Cornerstone Group and Michael Collard Properties. The preliminary subdivision plan aims to divide the property into 11 distinct lots. The site was purchased earlier this year in January for $24.18 million.
As part of its future plans, the development will include commercial spaces outlined in the conceptual designs. Positioned around the edges of the property, these commercial facilities will be complemented by surface parking centrally located within the site. Additionally, Kimley-Horn, an engineering firm, initiated discussions with county staff regarding the potential for a commercial venture and a hotel development in the area.
Commercial and Restaurant Features
The proposed plans contain detailed provisions for the construction of seven restaurant pads on the western side of the property. Each pad will provide approximately 12,500 square feet, contributing to a total of 87,500 square feet designated for dining establishments. In the eastern section of the site, three outparcels are envisioned for other commercial uses, alongside the possible inclusion of a hotel.
Previous Approvals and Zoning Information
The site originally received approval for over 300,000 square feet of commercial space along with a hotel. It is currently zoned as PD (Planned Development) and includes a future land use designation of Activity Center Mixed-Use (ACMU). This zoning classification permits a combination of tourist-oriented developments and supportive residential elements, allowing flexibility for various commercial activities.
Background on AREA15
The AREA15 project had intended to feature a large commercial building, totaling 309,279 square feet, situated around a significant parking area. While AREA15 gained popularity through its existing location on the Las Vegas Strip, the Orlando project will no longer move forward as planned. Currently, AREA15 is owned by Fisher Brothers, and interest in the vacant site has now shifted towards the Vineland Galleria proposal.
Strategic Location and Access
Strategically placed between major attractions like Disney and Epic Universe, the property stands to benefit from the ongoing infrastructural developments in the vicinity. An upcoming interchange on I-4 via the Daryl Carter Parkway is expected to be completed next year, which could enhance access to the new commercial developments.
Future Prospects
While the Vineland Galleria emerges as a promising alternative to the abandoned AREA15 project, representatives from The Cornerstone Group, Michael Collard Properties, and CBRE were not available for comment regarding this new proposal. The ongoing transition to Vineland Galleria reflects a shift in the vision for this prime location in Orlando’s tourism sector.
Deeper Dive: News & Info About This Topic
HERE Resources
Additional Resources
- GrowthSpotter: New Developers Submit Plans for Commercial Project
- WFTV: Canceled AREA15 Orlando Site Gets New Plans with Hotel
- RBC: Where to Shop in Florida on Your Next Trip
- WNEP: List of Forever 21 Stores Liquidation Sales
- Wikipedia: Orlando
- Google Search: AREA15
- Google Scholar: Commercial Development Orlando
- Encyclopedia Britannica: Florida
- Google News: Orlando AREA15
Author: STAFF HERE ORLANDO WRITER
ORLANDO STAFF WRITER The ORLANDO STAFF WRITER represents the experienced team at HEREOrlando.com, your go-to source for actionable local news and information in Orlando, Orange County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Orlando International Fringe Theatre Festival, Megacon Orlando, and Central Florida Fair. Our coverage extends to key organizations like the Orlando Economic Partnership and Hispanic Chamber of Commerce Metro Orlando, plus leading businesses in leisure and hospitality that power the local economy such as Walt Disney World Resort, AdventHealth, and Universal Orlando. As part of the broader HERE network, including HEREJacksonville.com, HEREPetersburg.com, HERETallahassee.com, and HERETampa.com, we provide comprehensive, credible insights into Florida's dynamic landscape.
