Local

Developer bets on Sanford as ‘the next Winter Garden’

Downtown Sanford

ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.

An Orlando-based commercial real estate executive and developer is betting big on Sanford’s historic downtown district as “the next Winter Garden” with a wave of redevelopment projects.

▶ WATCH CHANNEL 9 EYEWITNESS NEWS

Roger Soderstrom Jr., a broker with Orlando-based Stirling International Real Estate, is the developer behind three redevelopment projects in Sanford’s core — in addition to recently entitling and flipping nearby vacant lots.

The current redevelopment projects were bought in May and April 2023 for a combined $750,000 and involve a capital investment of at least $600,000, Soderstrom told Orlando Business Journal.

Photos: UK marks one year since death of Queen Elizabeth II

Click here to read the full story on the Orlando Business Journal’s website.

Click here to download our free news, weather and smart TV apps. And click here to stream Channel 9 Eyewitness News live.

0