KISSIMMEE, FLA. — Boca Raton, Fla.-based Southeast Centers is developing The Villages of Bellalago, a 103,000-square-foot upscale retail center on 19 acres in Kissimmee, for $25 million. The project will be divided into two retail centers flanking Bellalago, a 1,330-acre gated, lakeside community being developed by Coral Gables, Fla.-based Avatar Properties, on Pleasant Hill Road. The south center will feature 75,000 square feet of retail space on 13 acres and will be anchored by a 46,031-square-foot Publix. Other tenants include Buffalo Wings & Rings restaurant, Citrus Garden Chinese Restaurant, McDonald’s, Fifth/Third Bank and Jazzy Nail Salon. On the north side, a 28,000-square-foot retail center will feature a Walgreens Drug Store and SunTrust Bank. Phased delivery of the first tenants, including Publix, is scheduled for August. The project will employ a Mediterranean architectural theme.
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