Legoland Area Commercial Development SiteDirectly Across From Legoland Main Entrance

Winter Haven, FL

HIGHLIGHTS

2,000 feet from Legoland gates

Frontage on Roosevelt Drive just east of Cypress Gardens Blvd.

Current zoning allows for hotel, retail, multi-family, office and self-storage

Approximately 2.35 acres

Legoland transitioning to multi-day experience with estimated 1.5 million attendees annually

Existing demand for 240+ limited service hotel rooms in the Cypress Garden Corridor

Located in a TSDA – “Transit Supportive Development Area” of Polk County

Price: $950,000

Location

• Located on Roosevelt Dr. just east of Cypress Gardens Blvd. in the Cypress Gardens Corridor of

Winter Haven, Florida.– The property is located directly across from the Legoland Florida amusement park

– Convenient access to Cypress Gardens Blvd. and Highway 27

– Tijuana Flats, Ruby Tuesday, Publix, and Walgreens are all within walking distance

Property Description

• The subject site is approximately 2.35 acres and has frontage along Roosevelt Drive as well as

Register Road

• The current zoning allows for other uses including retail, office, restaurants, schools, and multi-

family

• Site is mostly cleared with some tress and brush remaining

Legoland Area Commercial Development SiteDirectly Across From Legoland Main Entrance

Winter Haven, FL

Address0 Register Road, Winter

Haven, FL, 33884

Site Size 2.35 acres

Approvals N/A

ZoningCAC – Community Activity

Center

Future Land

Use

RAC – Regional Activity

Center

Parcel ID 262902000000031010

Price $950,000

Legoland Area Commercial Development SiteDirectly Across From Legoland Main Entrance

Winter Haven, FL

Legoland Area Commercial Development SiteDirectly Across From Legoland Main Entrance

Winter Haven, FL

Cypress Gardens Corridor – Growth and Development

• The CGC has continued to grow in sync with the expansion of the LEGOLAND theme park as it brings new jobs, visitors, and consumers into the area

• In the last several years, a number of national tenants have made their way into the CGC such as Chipotle, Starbucks, Walmart, among others

• All of this has contributed to making Winter Haven, especially in the CGC a more livable destination

• LEGOLAND has recently announced yet another expansion plan encompassing over 50 acres less than a mile from the subject site along Lake Dexter

• Plans include over 160 duplexes, two pools, and a 12,000 square foot clubhouse to lodge guests for the park - http://www.fox13news.com/news/local-news/88982455-story

Legoland and Area InformationLegoland Florida opened in October of 2011 and is the world’s second largest Legoland park. Legoland Florida is a 145-

acre, full two-day interactive family theme park specifically designed for families with children ages 2 to 12. It features more

than 50 rides, shows, and attractions, restaurants, shopping, a breathtaking botanical garden and a water park.

The park has had very strong attendance and, although the park does not release attendance figures, attendance at the

six Legoland parks worldwide rose by 33 percent, from 7.9 million to 10.5 million, in 2012. Estimates put the annual

attendance figures for the Winter Haven location at over 1.5 million annually. The park has expanded twice already, first

opening a water park and later a new “signature land” called the World of Chima. The Central Florida Visitor’s Center reports that 25% of their ticket sales are for the Legoland theme park.

Legoland Area Commercial Development SiteDirectly Across From Legoland Main Entrance

Winter Haven, FL

Legoland has recently completed its third

expansion to the park and opened its Lego-

Themed hotel in 2015. By May of that same year,

they had already sold 40% of the inventory

available through the end of year at a rate nearly

triple the County’s average ADR. There is a

strong demand for modern hotels, as over 70

percent of the hotel rooms in the area are substandard.

Legoland Area Commercial Development SiteDirectly Across From Legoland Main Entrance

Winter Haven, FL

http://www.winterhavenchamber.com/blog/cypress-gardens-corridor-study-debrief

“Dr. Harris notes 6 key findings from his work studying the corridor:

1. The corridor TODAY could support at least 240 net new limited service hotel rooms given the

existing demand (editorial note: this number is disputed by people in the industry as too low given

the other drivers such as the increase demand in sporting events and business industry growth, but

remember that's TODAY. See next line)

2. There is a significant demand that could be captured such that the need for hotel rooms could

exceed 1,200 net new rooms by 2025. ”

- Cypress Gardens Corridor Study Debrief – 10/20/2015

http://www.orlandosentinel.com/travel/attractions/legoland/os-legoland-hotel-opens-20150513-story.html

“The hotel's opening completes a significant shift from a day attraction to a multiday destination, Jones said.

Initial hotel bookings indicate there was demand for that change.

Already, the park has sold nearly 40 percent of the available inventory from now until the end of the year.”

- Caitlin Dineen – 5/13/2015

Legoland Area Commercial Development SiteDirectly Across From Legoland Main Entrance

Winter Haven, FL

Michael Lewin

Sales Associate

PH: 561-236-5391

E: ML@RMAfla.com

Note: All information contained herein was obtained from sources we consider to be reliable. However, we

are not responsible for misstatement of facts, errors, omissions, prior sale, withdrawal from market, or

change in price or terms without notice.