TD Bank has recently provided nearly $14.9m in loans for nine new construction and site acquisitions for retail projects in the Orlando and Tampa regions. The financing will support construction of multiple Family Dollar, Verizon and Wawa gas stations throughout the area. Also in the pipeline for construction is a 7,500 square foot three unit strip shopping center in Pinellas County and a 4,000 square foot multi-tenant retail building in Orlando.
“Demand for retail real estate and construction is quickly increasing across the Central Florida region as the regional economy and tourist spending continue to grow,” said Mike Nursay, TD Bank’s market president for Central Florida.
