We are pleased to announce it closed on Phase One of Ocoee Village Center, on March 12, 2021.
Phase One of the Ocoee Village Center retail project, totaling 4.7 acres, was purchased for $2,049,240. The new development is just east of SR-429 on Clarcona-Ocoee Road in Ocoee, Florida, a high-growth bedroom community just outside of Orlando.
Vertical construction is planned to begin in late 2021 and will consist of a 7-11 gas/convenience store, 14,000 square feet retail shop space, and a QSR pad. The following three phases, totaling 15.4 acres, will close in phases over the next 15 months and will consist of grocery, coffee, restaurants, medical, and neighborhood retail service users. Upon completion, the project will total over 150,000 square feet.
Bob Bedard, Senior Vice President of Development of Deerfield Beach-based Konover South, said, “Konover South is excited to start its Ocoee Village Center retail project and looks forward to bringing a quality shopping experience to the residents of Ocoee.”
At the helm as CEO of Konover South since 2010, David Coppa has transformed the venerable 62-year-old family business into a recognized leader in retail infill ground-up centers, primarily in Florida’s core markets. Coppa is now in his 20th year in the family business, which was founded by the legendary Simon Konover in 1957. Built on a legacy of family tradition spanning three generations, Konover South continues the successful track record of The Simon Konover Organization, an industry-leading real estate company since 1957. Konover South is a fully integrated acquisition, development, and management company operating throughout the southeastern United States. Led by David Coppa, CEO, Konover South, LLC, is headquartered at 431 Fairway Drive, Deerfield Beach, Fla.