Downtown Orlando Developments

  • Lady Lake investor buys first Downtown Orlando property, seeks more value-add

    Lady Lake investor buys first Downtown Orlando property, seeks more value-add

    A Lady Lake-based entrepreneur and real estate investor paid $1.4 million last week to enter the Downtown Orlando market, buying a 103-year-old office property with an eye for more sites with long-term redevelopment potential.   Located at 108 Hillcrest St. on the southeast corner with Magnolia...

  • Local developers JV on new plan for Downtown Orlando women's shelter site

    Local developers JV on new plan for Downtown Orlando women's shelter site

    Orlando-based developer Liberty Investment Properties has the former Women's Residential and Counseling Center (WRCC) site in Downtown Orlando under contract, with plans to redevelop as a three-story building with self storage and a pharmacy or other retailer.  Located at 107 Hillcrest St. on the...

  • Westminster readies first expansion phase for Towers in Downtown Orlando

    Westminster readies first expansion phase for Towers in Downtown Orlando

    Westminster Communities of Florida is readying the first phase of a multi-year, $60 million expansion at its Downtown Orlando assisted living property, with newly-filed plans for a parking garage under city review.  Located at 70 S. Lucerne Circle on the south side of downtown, the 6.5-acre Westminster...

  • Ohio-based developer eyes Downtown Orlando's SoDo District for self storage

    Ohio-based developer eyes Downtown Orlando's SoDo District for self storage

    Ohio-based Cedarwood Development is pursuing its entry to the Orlando commercial market with a potential self storage facility in the downtown SoDo District. Located at 924 Sligh Blvd., the 1-acre parcel now under contract lies just west of the Orlando Health medical campus in Downtown Orlando....

  • Cousins Properties puts three Downtown Orlando office high-rises on market

    Cousins Properties puts three Downtown Orlando office high-rises on market

    Roughly 12 months after buying into Downtown Orlando's office market in a big way, Atlanta-based office REIT Cousins Properties wants to move that capital to a more profitable MSA. The company hired real estate investment banking and brokerage firm Eastdil Secured in September to market for sale...

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  • Developer to pay city $5.5M for Creative Village lot, plans market rate apts

    Developer to pay city $5.5M for Creative Village lot, plans market rate apts

    Ustler Development  and a joint venture partner will pay the city of Orlando more than $5.475 million for a 1.6-acre parcel in Creative Village to develop market rate apartments with ground-floor retail, which will be the fourth or fifth building to rise in the downtown college campus after it...

  • City staff push for design changes on 13-story concept along E. Livingston

    City staff push for design changes on 13-story concept along E. Livingston

    Illinois-based multifamily developer Banner Real Estate Group has the initial support of city staff for its proposed 13-story mixed-use apartment building planned in Downtown Orlando, but has also been put on notice that key design elements must change in the coming months.  Conceptual plans and...

  • Orlando seeks design-build contractor for new fire stations

    Orlando seeks design-build contractor for new fire stations

    The city of Orlando is seeking a design-build contractor to help it build a new Fire Station no. 9 and two others in the next five years, according to a Request for Proposals (RFP) issued Monday. The contractor will be expected to provide design and construction services for the fire stations....

  • Start on foundation work for Inverlad's 'The Yard' at Ivanhoe eyed for Oct-Nov

    Start on foundation work for Inverlad's 'The Yard' at Ivanhoe eyed for Oct-Nov

    With road realignment nearly done and relocation of utility lines taking longer than expected, Real Estate Inverlad Development expects to start laying foundation for The Yard at Ivanhoe mixed-use project by November, senior vice president Chance Gordy told GrowthSpotter.  Inverlad is about 30...

  • Developer refines mixed-use tower plan in Downtown Orlando to favor pedestrian

    Developer refines mixed-use tower plan in Downtown Orlando to favor pedestrian

    Illinois-based multifamily developer Banner Real Estate Group has further updated its conceptual site plan for a 13-story mixed-use building a block north of Lake Eola to favor the pedestrian experience, in anticipation of a Municipal Planning Board hearing for multiple requests next month.   An...

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