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Kissimmee selects Capstrada–Hedrick team for Vine Street redevelopment, approves demolition contract
Summary
The Kissimmee CRA and commission unanimously approved Vine Street Redevelopment LLC (Capstrada and Hedrick Brothers) as master developer for the former Kmart site, a project that proposes 630 residential units, retail and an indoor sports anchor; the commission also approved a demolition contract with Cross Construction to clear the site.
The Kissimmee City Commission on Oct. 7 approved the selection of Capstrada and Hedrick Brothers Development, operating as Vine Street Redevelopment LLC, as the master developer for the former Kmart and surrounding Vine Street corridor and authorized staff to negotiate a master development agreement.
David Rodriguez, the city’s economic development director, told commissioners the team was recommended after a public RFQ process that closed July 22 and that the selection committee favored the proposal for creating a walkable, mixed-use urban fabric. Samaya…
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