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Kissimmee picks Capstrada and Hedrick Brothers to redevelop former Kmart site, authorizes demolition
Summary
The Kissimmee Community Redevelopment Agency on Oct. 7 authorized staff to negotiate a master development agreement with Vine Street Redevelopment LLC, a team led by Capstrada and Hedrick Brothers, to redevelop the former Kmart site on W. Vine Street.
The Kissimmee Community Redevelopment Agency on Oct. 7 authorized staff to negotiate a master development agreement with Vine Street Redevelopment LLC, a team led by Capstrada and Hendrick Brothers, to redevelop the former Kmart site on W. Vine Street.
Staff said the selected proposal would deliver a mixed-use project that includes about 630 residential units, more than 51,000 square feet of retail and commercial space, a roughly 73,400-square-foot indoor sports facility as an anchor, and a $15 million property acquisition option. Samaya…
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