As plans for renovations at Orlando Fashion Square mall start to trickle out, we’ve got an update on new tenants — though still not straight from the horse’s mouth.


Among the new tenants will be a 24-Hour Fitness on an outparcel, a BB&T Bank branch location on the corner of Colonial Drive and Herndon Avenue, and 250 apartments on an 8-acre site on Herndon south of the Cady Way Trail, the Orlando Sentinel reported….

We broke the story on Feb. 12 that Clermont-based Schmid Construction Inc., the project general contractor, is awaiting permits to begin demolition of the mall’s outparcels. That’s likely where the fitness center and bank will go, since the mall already has a Planet Fitness gym inside.
The project razing and rebuilding will cost at least $25 million.
Franklin, Tenn.-based UP Development Inc. bought the mall for $35 million on Feb. 12 from Pennsylvania Real Estate Investment Trust Inc. (NYSE: PEI). But UP Development had the property under contract since late last year.
Scott Fish, principal of UP Development, told the Sentinel his firm also is in talks with JCPenney to renegotiate its lease, and he has had “very limited discussions” with Macy’s and Dillards.
A spokeswoman for UP Development confirmed the tenants, though she was unable to confirm the number of apartments planned for the project. Fish still couldn’t be reached for comment.