According to the Orlando Business Journal, the Florida Department of Transportation has offered $146 million to buy the 150,000 sq. ft. retail complex. The appraisal values the land at $45 million, and the buildings at $101 million.
The 37-acre property is located at the intersection of I-4 and SR 535, and is directly across from Hotel Plaza Blvd., which connects to Disney Springs. The land is required as part of the “I-4 Beyond the Ultimate” project, and will be used for a new exit ramp, intersection improvements, and retention ponds. You can see from the drawing below that all of the property will be affected. The Radisson and Waffle House, which are not part of the Crossroads plot, but are wedged into the triangular plot surrounded by I-4, SR 535, and Crossroads, seem to be spared at this time, but surely will be negatively impacted by the construction.
The shopping center is probably most well-known for its Goodings Supermarket, which was the premier supermarket for WDW patrons to visit due to its proximity to Disney property. This Goodings was built in 1998, and was a great store to pick up various groceries on your way to your Disney hotel. However, in 2000, Gooding’s sold off most of their stores to Winn-Dixie, and this particular Gooding’s, the last of the chain, “evolved into ‘Tourist Mart’ – essentially a somewhat dumpy, overpriced store selling souvenirs and basic groceries, yet still maintaining a small full service bakery and deli.” Another famous tenant was the now-closed Jungle Jim’s.
It appears that the tenants have all received notice of the pending sale, and have been told that they have 18 months to vacate the property. It is likely that many will close outright, but some may look for new locations in the upcoming O-Town development just down Palm Parkway from Crossroads, or at Flamingo Crossings on the other side of Disney property.