Dellagio Town Center Sells for $37.5M: Major Upgrades Announced

Exciting changes are on the way for Dellagio Town Center, one of Orlando’s premier mixed-use retail destinations. This 109,489-square-foot open-air shopping center is located in the Dr. Phillips area along Sand Lake Road's well-known Restaurant Row.

Originally published on March 23rd, 2025. Updated for accuracy.

A Strategic Acquisition with Big Plans

The new owners have ambitious plans for a multimillion-dollar renovation, focusing on modern enhancements, strategic leasing, and engaging community activities to reestablish Dellagio as a go-to shopping and dining hub. Recently acquired for $37.5 million by CORE Investment Management, the goal is to revitalize this center, ensuring it becomes a vibrant destination for both locals and tourists.

Prime Location with Exceptional Connectivity

Dellagio Town Center enjoys excellent visibility and easy access to major roadways, including I-4, International Drive, Turkey Lake Road, and Florida’s Turnpike. Its location near popular attractions like Walt Disney World, Universal Studios, and SeaWorld makes it an attractive spot for visitors, especially as these entertainment giants plan significant expansions over the next decade.

What’s Next for Dellagio

With planned renovations and a renewed focus on tenant mix and community engagement, Dellagio Town Center is set for an exciting transformation. Expect new businesses, improved aesthetics, and engaging activities that will bring fresh energy to this retail hub. As the renovations unfold, Dellagio is poised to reclaim its status as a top shopping and dining destination in Orlando’s thriving Restaurant Row.