Karen Arbutine & Associates

Rockefeller Enters Heathrow For Develolpment

Wed, Nov 28, 2007 at 6:06PM

One of the most prominent names in business Rockefeller will make a major play in Seminole County investing $150 million on its new project.  The Rockefeller Group Development Corp. bought 29 acres on September 20th from Jeno Paulucci, who created the community of Heathrow.  $16.75 million was paid for the land at International Parkway north of Colonial Town Center in Heathrow.  They intend to develop an office/retail center. Plans are not finalized, they anticipate to build 200,000 to 250,000 square feet of Class A office space, says John Petricola, Rockefeller's regional director based in Florida.  The possibility of building a hotel on the site is in consideration as well.  Site work could begin by the fourth-quarter of 2008, with a completion date in 2010. Heathrow has a major list of corporate tenants including AAA, Chase, Mitsubishi to name a few. 

Bookmark & Share

User Comments

Be the first to comment on this post below!

Popular tags on this blog

Awards & Recognition | Central Florida New Home Construction | central florida news | Client Appreciation | Entertainment | Finding Your Dream Home | Foreclosures | Golden Oak Real Estate | Heathrow FL News | Hot 100 Realtor Hall of Fame | Housing Market | Karen Arbutine | Longwood FL Home for Sale | Longwood FL News | Luxury New Home Construction | Memorial Day | Mortgage News | New Home Construction | Orlando FL Economy | Orlando Luxury Homes | RE/MAX | Real Estate Myth | Real Estate News | Sales Tax | Selling Bonus |

All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. The source of the listing data is as follows: My Florida Regional MLS (updated 6/21/18)
Read Our Blog

- OR -

Advanced Search 

Read Our Blog

Your privacy is our utmost concern. We will never sell your personal information. Privacy Policy
©2015 getorlandorealestate.com - all rights reserved. | Site MapThe Lake Mary / Heathrow Florida Real Estate Blog

More Central Florida Real Estate