The Real Deal Miami

BBX and Stiles recruit retail draws to Orlando project

They landed Academy Sports and Hobby Lobby as retail tenants at Gardens on Millenia

October 29, 2016 02:30PM

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Gardens at Millenia development site in Orlando in 2014

The Gardens on Millenia development site in Orlando in 2014

National retailers Academy Sports and Hobby Lobby will open stores at Gardens on Millenia, a mixed-use Orlando project that two Fort Lauderdale-based companies are developing.

The master plan for the 47-acre Gardens on Millenia development includes about 300,000 square feet of retail space and a 292-unit rental apartment complex.

Gardens on Millenia is a joint venture between Stiles Corp. and BBX Capital Real Estate, an arm of BBX Capital Corp.

BBX Capital Real Estate recently sold an out-parcel at Gardens on Millenia measuring about one acre to Meson Sandwiches. BBX Capital Corporation last year sold a 15.46-acre piece of the property to Costco Corporation for construction of a big-box Costco store and a gas station.

Bruce Parker, managing director of BBX Capital Real Estate, said in a written statement, “When completed Gardens on Millenia will serve as an oasis for people to live, shop, and dine, and Academy Sports and Hobby Lobby will contribute to the continued growth of the area.”

Broward-based BBX sells Orlando site to Costco

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