City Furniture buys Orlando store site for $11.3M

A City Furniture store in Miami (Source: Yelp)
A City Furniture store in Miami (Source: Yelp)

Tamarac-based retailer City Furniture paid $11.3 million for a store-construction site near Mall of the Millenia in Orlando. Fillings with the Orlando municipal government show that City Furniture plans to build a 120,000-square-foot store on the site between Vineland Road and Interstate 4. City Furniture is the Florida licensee of Ashley Furniture HomeStore.

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The furniture retailer bought the Orlando site from UP Fieldgate Development, which also has sold land adjacent to the furniture-store site for the development of new Audi and Porsche auto dealerships. City Furniture also is planning construction of a new store Altamonte Springs, a northern suburb of Orlando. Eleven of City Furniture’s 16 locations are in Miami-Dade, Broward and Palm Beach counties, according to its website. [Orlando Sentinel]Mike Seemuth