$3.5 Million Mixed Use Development planned Adjacent to the new Lake Mary SunRail Station

LAKE MARY, Fla. --- Chris and Dana Mahnken of Lake Mary plan to develop a 32,000 square foot office and retail building directly across from a new 200+ unit luxury apartment project on E. Crystal Lake Ave. in Lake Mary adjacent to the planned Lake Mary SunRail Station platform. Chris Mahnken said Station Pointe at Lake Mary will accommodate a coffee shop, sandwich shop, drug store, dry cleaner and beauty salon, along with offices for lawyers, doctors and other professionals who can serve commuters on the $1.2 billion commuter rail line. Mahnken said construction of Station Pointe should start in 2015. The first SunRail leg is planned to open in May from DeBary to downtown Orlando and points south. Eventually, SunRail will link communities from DeLand in Volusia County to Poinciana in Osceola County. Rick Bavec, who heads his own realty firm at Lake Forest by Sanford has been named director of leasing for Station Pointe at Lake Mary. Bavec said pre-leasing has started with very strong interest, and he expects to pre-lease most of the space before construction starts. “We’re getting a lot of interest in Station Pointe from doctors, lawyers and accountants looking to expand their downtown operations with a branch office in Lake Mary,” Bavec said. “In most communities worldwide where commuter lines like SunRail have been developed, the stations have spurred dramatic growth and development of commercial as well as residential opportunities, we are seeing this happening now in Lake Mary,” Bavec said.