TGI Fridays Demolition at Mall at Millenia

The TGI Fridays building at the Mall at Millenia is set to be demolished, paving the way for a new tenant as part of ongoing property developments around the mall.

Cameron Group Associates, which owns several retail properties near the mall, initiated eviction proceedings last year against Orlando Restaurants Inc., the franchisee of TGI Fridays, due to nonpayment issues. This occurred around the same time the chain’s parent company filed for Chapter 11 bankruptcy.

Following the eviction, the restaurant’s fixtures and equipment were auctioned off, with buyers on-site this week to remove items such as booths and light fixtures.

The Orlando project, once announced in 2022, aimed to replicate the success of its Las Vegas counterpart. It was envisioned as a 300,000-square-foot entertainment space that merged elements of retail, art, and amusement, including a towering 16-foot robot statue dubbed Mechan 11. However, the project was quietly canceled in 2024, and the land was placed on the market.

Currently, the site is zoned for planned development, with allowances for a 1,100-room hotel or timeshare, over 300,000 square feet of commercial space, and multifamily units. The location is in a high-demand area, just north of the Orlando Vineland Premium Outlets and in proximity to major tourist attractions, making it a prime candidate for redevelopment.

The demolition permit for the restaurant at 4151 Millenia Blvd. has been secured by Cameron Group, a partnership comprising notable investors such as Frank and Steven Schrimsher, restauranteur John Rife, and attorney Jim Willard. While the group has not disclosed the new tenant, the property has been leased to an affiliate of auto mogul Terry Taylor.

Taylor, a Palm Beach-based billionaire, owns 120 dealerships across the U.S., including four in Orlando: Porsche, Jaguar/Land Rover, Lincoln Mercury, and the dealerships adjacent to the Mall at Millenia complex.

The initial lease term for the 1.85-acre parcel is 15 years, with three optional five-year extensions.

Cameron Group has also terminated the lease for the neighboring Chevys Fresh Mex at 1158 Conroy Rd., bringing in a new tenant for that location.

The partnership has a long-standing presence at the Mall at Millenia, having developed numerous out-parcel buildings between 2003 and 2009. These include properties housing major tenants such as Best Buy, Chick-fil-A, The Container Store, Wendy’s, and Zaxby’s.

In 2020, Cameron Group sold several out-parcels, including Olive Garden, BJ’s Brewhouse, and Old Navy, to Limestone Asset Management for $22.7 million. A year later, Limestone acquired additional properties, including Shake Shack and Panera Bread, for $10.4 million.

With this new redevelopment, Cameron Group continues to shape the dynamic retail and commercial landscape surrounding the Mall at Millenia, ensuring it remains a hub for high-profile tenants and visitors.

Final Thoughts

The redevelopment of the former TGI Fridays building at the Mall at Millenia underscores the ongoing evolution of one of Orlando’s premier retail and commercial districts. Cameron Group Associates continues to leverage strategic partnerships and high-value leases to attract new tenants, maintaining the area’s reputation as a vibrant hub for dining, shopping, and luxury experiences.

With the addition of a new tenant and other nearby developments, the transformation reflects the adaptability and forward-thinking approach of the property owners. As the Mall at Millenia area evolves, it remains a prime destination for both local residents and visitors alike.

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