Old Town Kissimmee Sold for $24.4 Million

Old Town Kissimmee has been sold for more than $24.4 million, putting a new owner in charge of one of the area’s most recognizable entertainment spots.

The district opened in December 1986 along Highway 192, designed to evoke a classic Florida town with brick streets and distinctive storefronts. Over the years, its locally owned shops, restaurants, and weekly car cruises have made it a familiar stop for residents and visitors. A major 2019 renovation added the 86-foot Ferris wheel.

The sale raises a question for people who know Old Town well: what will the new ownership mean for the place and the businesses inside it? For now, its future direction remains to be seen

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