New Restaurants, Retail, Parks, Real Estate & Big Growth This Spring

If you live in Lake Nona, you’ve probably noticed something lately…

There is a lot happening right now.

New retail is rising out of the ground. New neighborhoods are opening. Medical City keeps expanding. More employers are moving in. And the overall energy around Lake Nona feels stronger than ever.

At Verandah Properties, we spend our days working with homeowners, residents, and investors across the community, so we’re constantly tracking what’s new and what’s coming.

Here’s a quick insider look at what’s happening in Lake Nona this spring.

The Big One Everyone Is Talking About: Lake Nona West

If you’ve driven down Lake Nona Boulevard near Boggy Creek Road, you’ve probably seen the massive construction site.

That’s Lake Nona West, a new lifestyle retail center expected to bring over 400,000 square feet of shopping, dining, and entertainment to the area.

Some of the retailers already announced include:

• Target
• Nordstrom Rack
• Barnes & Noble
• Total Wine & More
• Homesense
• Cañonita

This will be one of the largest retail additions Lake Nona has seen in years and will make everyday shopping much easier for residents.

A New City Park Is Coming to Luminary Boulevard

Another exciting addition is Poitras Park, a new park being developed by the City of Orlando.

This future park will sit near Luminary Boulevard and Luminary Middle School, serving nearby neighborhoods like Laureate Park and the new townhome community Alora.

Plans currently include:

• playground areas
• walking trails
• gathering spaces
• sports courts
• open green space

Parks like this are one of the reasons Lake Nona continues to feel so livable and community-oriented.

Healthcare Expansion Continues in Medical City

Lake Nona’s Medical City continues to grow, with AdventHealth Lake Nona expected to open new facilities beginning in 2026.

Healthcare expansion is a big deal for the area because it brings:

• new jobs
• relocating professionals
• increased housing demand
• long-term economic stability

It’s one of the reasons Lake Nona continues to attract so much attention from buyers and investors.

Major Employers Are Moving In

Lake Nona also continues to grow as a business hub.

One of the biggest announcements recently was Siemens Energy signing a major lease in Lake Nona Town Center, bringing hundreds of employees into the area over the next few years.

Moves like this reinforce Lake Nona’s reputation as an innovation district attracting global companies.

New Housing Communities Are Expanding Options

Lake Nona is continuing to grow with new housing options for buyers and renters.

One of the newer communities getting attention is Alora at Laureate Park, a Toll Brothers townhome development near Luminary Boulevard.

It’s located close to:

• Luminary Middle School
• the upcoming Poitras Park
• Laureate Park amenities
• Lake Nona Town Center

New construction communities like this tend to attract both buyers and renters relocating to Lake Nona for work and lifestyle reasons.

Why All This Growth Matters

When people ask why Lake Nona continues to perform so well as a real estate market, the answer usually comes down to one thing:

Momentum.

Lake Nona keeps adding:

• retail
• restaurants
• healthcare
• employers
• parks
• schools
• housing

That combination continues to make the area one of the most desirable places to live in Central Florida.

A Quick Word From Verandah Properties

At Verandah Properties, we specialize in Lake Nona property management and work closely with homeowners, residents, and investors throughout the community.

Because we’re here every day, we get a unique front-row seat to how the neighborhood is evolving — and it’s exciting to watch.

Whether you’re a homeowner curious about the rental market, an investor considering Lake Nona, or simply someone who loves living here, we’re always happy to share insights about what’s happening locally.

If you own a home in Lake Nona and are curious about its rental potential, you can learn more here: How Much Could Your Lake Nona Home Rent For?