Press

Exclusive: Buildout to start on new downtown Walgreens

Published on: September 23, 2016

The inside of the former Valencia College administration building in downtown Orlando will soon begin its transformation into a Walgreens convenience store.

Orlando-based Lamm & Co. Partners is about three months away from starting a complete first-floor interior renovation of the building at 190 S. Orange Ave. into a new 6,100-square-foot Walgreens store. The store, in the mixed-use building on the northwest corner of South Orange Avenue and Church Street, is expected to be completed by year’s end.

Construction plans are being completed and bidding for subcontractor packages is expected to start about a month after that is finalized, Lamm & Co.’s Ramsey Glidewell told Orlando Business Journal. To date, only the demolition contract has been awarded, which went to L&L Demolition & Salvage Inc.

Most of the packages are expected to go to preferred subcontractors, but those interested in more information can contact Glidewell at (407) 895-8585.

Deerfield, Ill.-based Walgreens Boots Alliance Inc. (Nasdaq: WAB) last week finalized its lease with building owner Nunziata Holdings LLC, an agreement that had been in the works since late last year.

Brian Grandstaff of Millenia Partners represented Nunziata Holdings in the lease deal. John Artope of SRS Real Estate Partners represented Walgreens.

The new store will not include a pharmacy, but it may help draw more retail tenants to downtown, something city officials have been pushing for, as OBJ previously reported. The city for many years has attempted to attract national chains like Walgreens or CVS since they would help draw other retailers that seek to capture some of those chains’ traffic, OBJ previously reported.

Meanwhile, the three upper floors in the 190 S. Orange building are professional offices. Orlando-based Cite Partners LLC is the office leasing representative.

Check out more recent OBJ headlines on downtown Orlando and come back to OrlandoBusinessJournal.com for updates.

Share:
back to press main

Millenia Partners has multiple locations to serve you.

Contact Us