29 to 280± Acre Retail / Multi-Use Development
Total Page:16
File Type:pdf, Size:1020Kb
N UNIVERSAL MAGIC KINGDOM STUDIOS ANIMAL HOLLYWOOD EPCOT KINGDOM STUDIOS STAR WARS HOTEL Walt Disney World (Under Construction) EPCOT CENTER DRIVEDISNEY SPRINGS HILTON-WALDORF ESPN WIDE WORLD ASTORIA OF SPORTS OSCEOLA PARKWAY E IV GAYLORD I PALMS RESORT NTERNATIONAL DR FALCONS FIRE GOLF COURSE OSCEOLA PARKWAY Xentury City 29 to 280± Acre retail / Multi-Use Development NEXT TO WALT DISNEY WORLD RESORT RETAIL / DINING / ENTERTAINMENT / HOTEL PARCELS Confidential Offering Memorandum ORLANDO, FLORIDA www.Xenturycity2018.com RETAIL | MULTI-USE COMMERCIAL DEVELOPMENT SITE AFFILIATED BUSINESS DISCLOSURE DISCLAIMER This Memorandum contains select information pertaining to the Property and CBRE, Inc. operates within a global family of companies with many subsidiaries and the Owner, and does not purport to be all-inclusive or contain all or part of the related entities (each an “Affiliate”) engaging in a broad range of commercial real information which prospective investors may require to evaluate a purchase of the estate businesses including, but not limited to, brokerage services, property and Property. The information contained in this Memorandum has been obtained from facilities management, valuation, investment fund management and development. sources believed to be reliable, but has not been verified for accuracy, completeness, At times different Affiliates, including CBRE Global Investors, Inc. or Trammell Crow or fitness for any particular purpose. All information is presented “as is” without Company, may have or represent clients who have competing interests in the same representation or warranty of any kind. Such information includes estimates based transaction. For example, Affiliates or their clients may have or express an interest on forward-looking assumptions relating to the general economy, market conditions, in the property described in this Memorandum (the “Property”), and may be the competition and other factors which are subject to uncertainty and may not represent successful bidder for the Property. Your receipt of this Memorandum constitutes the current or future performance of the Property. All references to acreages, square your acknowledgement of that possibility and your agreement that neither CBRE, footages, and other measurements are approximations. This Memorandum describes Inc. nor any Affiliate has an obligation to disclose to you such Affiliates’ interest or certain documents, including leases and other materials, in summary form. These involvement in the sale or purchase of the Property. In all instances, however, CBRE, summaries may not be complete nor accurate descriptions of the full agreements Inc. and its Affiliates will act in the best interest of their respective client(s), at arms’ referenced. Additional information and an opportunity to inspect the Property length, not in concert, or in a manner detrimental to any third party. CBRE, Inc. and may be made available to qualified prospective purchasers. You are advised to its Affiliates will conduct their respective businesses in a manner consistent with the independently verify the accuracy and completeness of all summaries and information law and all fiduciary duties owed to their respective client(s). contained herein, to consult with independent legal and financial advisors, and carefully investigate the economics of this transaction and Property’s suitability for CONFIDENTIALITY AGREEMENT your needs. ANY RELIANCE ON THE CONTENT OF THIS MEMORANDUM IS SOLELY AT YOUR OWN RISK. Your receipt of this Memorandum constitutes your acknowledgement that (i) it is a confidential Memorandum solely for your limited use and benefit in determining The Owner expressly reserves the right, at its sole discretion, to reject any or all whether you desire to express further interest in the acquisition of the Property, (ii) expressions of interest or offers to purchase the Property, and/or to terminate discussions at any time with or without notice to you. All offers, counteroffers, and you will hold it in the strictest confidence, (iii) you will not disclose it or its contents to any third party without the prior written authorization of the owner of the Property negotiations shall be non-binding and neither CBRE, Inc. nor the Owner shall have (“Owner”) or CBRE, Inc., and (iv) you will not use any part of this Memorandum in any legal commitment or obligation except as set forth in a fully executed, definitive purchase and sale agreement delivered by the Owner. any manner detrimental to the Owner or CBRE, Inc. If after reviewing this Memorandum, you have no further interest in purchasing the Property, kindly return it to CBRE, Inc. FOR MORE INFORMATION AND TO VIEW OUR CURRENT LISTINGS, VISIT: www.XenturyCity2018.com © 2018 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. Photos and Logos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. All aerial images © Aerophoto America. Unlimited usage granted only for CBRE. All other parties must directly contact Aerophoto America to obtain rights to usage. ANIMAL N KINGDOM MAGIC KINGDOM HOLLYWOOD STAR WARS HOTEL EPCOT STUDIOS (Under Construction) Walt Disney World EPCOT CENTER DRIVE HILTON-WALDORF DISNEY SPRINGS O SC EO ASTORIA JW MARRIOTT ESPN WIDE WORLD LA PA RKW OF SPORTS AY OSC EOL A PA IVE RKW AY I GAYLORD NTERNATIONAL DR PALMS RESORT Xentury City TABLE OF CONTENTS ±280 Acres PAGE 4 Executive Summary 5 Tourist Corridor Retail Overview 9 Site Summary & Parcel Details 15 Metro Orlando Overview Executive Summary CBRE is pleased to offer, on an exclusive basis, this unique ±280 acre land parcel next to Walt Disney World in Orlando, Florida. Xentury City is an iconic Disney tourist market development that includes Orlando the Gaylord Palms Resort as well as restaurants and retail developments. There are ±280 acres remaining for development of hotel, timeshare, retail and residential apartments. All entitlements are fully approved under a Development of Regional Impact (DRI). All infrastructure, including roads, utilities and storm water management systems are in-place providing parcels shovel-ready for development. Representing one of the last remaining large land parcels next to Walt Disney World, Xentury City is ideally located at the newly constructed entrance to the new Star Wars hotel and attraction in Hollywood Studios. Osceola Parkway currently provides a direct entrance to Disney's Animal Kingdom and Hollywood Studios theme parks. SITE 4 HOTEL | RETAIL | OFFICE | RESIDENTIAL DEVELOPMENT SITE | Tourist Corridor Retail Snapshot SITE 5 HOTEL | RETAIL | OFFICE | RESIDENTIAL DEVELOPMENT SITE | Parcel Map HILTON DISNEY’S POP WALDORF CENTURY RESORT ASTORIA Xentury City PARCELS FULL ±280 Acres A1 & A2 ACCESS 60.9 AC PARCEL B OSCEOLA PKWY 36,000 AADT FULL 79.9 AC ACCESS T D A A FULL 0 ACCESS 0 FULL ,7 ACCESS 9 3 GAYLORD PALMS ) FALCON'S FIRE PARCEL C1 L RESORT 30.5 AC L O GOLF COURSE T 1,406 ROOMS ( 7 FULL 1 ACCESS UTILITY EASEMENT SR-4 PARCEL F I 15.4 AC N PARCEL C2 & D T 28.9 AC ’ INTERSTATE-4 128,000 AADT L D R PARKWAY CAMDEN PARCEL E 1 5 PARCEL K, L, M & N , INTERNATIONAL TOWN SQUARE 14.4 AC 7 0 38.7 AC RESORT APARTMENTS 0 DELTA HOTELS D 144 ROOMS 438 UNITS A LV ORLANDO LAKE A B BUENA VISTA D O T G 237 ROOMS A L A R E S US-192 56,000 AADT WATER TOWER SHOPPES 6 HOTEL | RETAIL | OFFICE | RESIDENTIAL DEVELOPMENT SITE | Parcel Data FULL MOVEMENT INTERCHANGE FULL MOVEMENT INTERCHANGE 7 HOTEL | RETAIL | OFFICE | RESIDENTIAL DEVELOPMENT SITE | Looking Northwest WYNDHAM GRAND ORLANDO RESORT SR-535 53,500 AADT BONNET CREEK 400 ROOMS SR-536 75,000 AADT ORLANDO WORLD CENTER MARRIOTT 2,000 ROOMS HILTON ORLANDO HOLIDAY INN RESORT BONNET CREEK 777 ROOMS 1,001 ROOMS WALDORF ASTORIA INTERSTATE-4 128,000 AADT 497 ROOMS SATAY DR 2,073± ft PARCELS A1 & A2 1,272± ft 60.9 AC 3,438.3± ft 1,436.9± ft 1,703± ft 799.7± ft PARCEL B 79.9 AC 1,743± ft OSCEOLA PKWY 36,000 AADT UTILITY EASEMENT GAYLORD 2,761.2± ft PALMS PARCEL C1 RESORT 30.5 GROSS AC 1,406 ROOMS 2,340.12' T D UTILITY EASEMENT A A PARCEL F 0 15.4 AC 0 7 , IN 9 T 3 ’ L ) D L R L O 1 5 PARCEL C2 & D T ( , 7 0 28.8 AC 7 2,785.35' 0 1 UTILITY EASEMENT 4 A - A R D S T 8 HOTEL | RETAIL | OFFICE | RESIDENTIAL DEVELOPMENT SITE | Site Summary & Parcel Details LOCATION: Next to Walt Disney World ADDRESS: 6007 W. Osceola Parkway, Orlando, FL 34746 LAT / LONG: 28.344865, -81.523059 ACREAGE: ±280 ZONING: Planned Development - Tourist Commercial APPROVALS: Development of Regional Impact (DRI) INFRASTRUCTURE: Storm water management system, utilities and roads in place CURRENT 2.2 million square feet on approximately 75 acres includes the Gaylord Palms Resort )1,400 rooms and 400,000 DEVELOPMENT: square feet of meeting space MASTER PLAN: Additional hotels, retail, entertainment, timeshare and residential development ACCESS: Property fronts on Intersate-4, Osceola Parkway, International Drive and the 417 Expressway RETAIL / ENTERTAINMENT / RESTAURANT DEVELOPMENT OPTIONS HIGHLY VISIBLE, EASILY ACCESSIBLE LOCATION JUST ¼ MILE FROM WALT DISNEY WORLD AT Northeast Quadrant of Interstate 4 & Osceola Parkway A MAIN ENTRANCE • A1+A2: 60.9 Acres (29.4+31.5) Over ¾ mile of frontage along Osceola Pkwy at a major full movement interchange with Interstate