Developer pays $70+M, plans huge entertainment district on blighted site near Disney
In one of the most anticipated and consequential deals of the year, South Florida-based Accesso paid over $70 million for the site of its planned mixed-use entertainment district, Ovation Orlando, propelling a project to redevelop one of Osceola County’s most prominent eyesores.
Together with its joint venture partner, Meyers Group, Accesso acquired 76 acres at the northeast corner of Interstate 4 and U.S. 192, the former Orlando Sun resort property. The deal closed on Dec. 30, according to a report in GrowthSpotter. Bill Shewalter, Executive Vice President of Development, said Accesso will begin demolishing the old hotel buildings on the property in two weeks.
“This land acquisition is a pivotal milestone in bringing the Ovation project to life, and we look forward to fully realizing our vision for this transformative mixed-use district,” stated Alan Garzon, Managing Partner of Accesso Development.

The developers have had the property under contract for over three years but had to overcome numerous obstacles to close the deal, including negotiating a development agreement with Osceola County, and resolving a hefty code enforcement bill.
