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CoStar Insight

Lake Nona West nears opening as new retail supply remains scarce in Central Florida

Project stands out in market where high costs have stalled most speculative development
A rendering of Lake Nona West, where Homesense is scheduled to open later this month, followed by several other anchor store openings this summer. (CoStar)
A rendering of Lake Nona West, where Homesense is scheduled to open later this month, followed by several other anchor store openings this summer. (CoStar)
CoStar Analytics
May 6, 2026 | 2:24 P.M.

Soaring land and labor costs combined with elevated development costs are inhibiting speculative retail development across much of the country, a trend mirrored in the Orlando market.

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IN THIS ARTICLE


  • Properties
  • Contacts
    • Joanne Ling

      Senior Director Commercial Sales & Leasing, Lake Nona Land Company, LLC