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The fully-furnished apartment units will be available to rent by the bedroom for about $1,000 a month.
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Both tower developers plan a mix of luxury hotel and residential units, with cafes and restaurants on the ground floor and rooftop.
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The new tower is projected to cost $60 million and take three years to build.
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The proposed 39-story mixed-use tower is one of a half-dozen high-rise projects on the drawing boards for downtown Orlando.
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The deal was part of an effort by Cuhaci & Peterson to consolidate its offices in Central Florida.
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The Municipal Planning Board meeting minutes go before Orlando's City Council next month. Opposing residents have exactly a week to file an appeal.
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The $19.4 million building renovation is scheduled for completion this fall.
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The tower would also have the first luxury condos built in downtown Orlando since the market crashed.
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The new tower would house medical offices, research labs and related health care services.
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The new plans for the Monarch tower call for a full-service hotel and 380 apartments with concierge service.
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The proposed Mariposa Grove tower would bring 109 units of affordable senior housing to one of the most expensive neighborhoods in downtown Orlando.
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The developer estimates it will cost $20 million to renovate the building exterior and convert it to apartments.
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The new mixed-use towers could continue the northern expansion of Orlando's downtown core.
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The deal for the 7.85-acre industrial site on Bumby Avenue follows Dean Foods' Chapter 11 bankruptcy protection filing in November.
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The company is exploring the idea of developing an office building with retail space on the ground floor and a landscaped roof deck above.
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Most of the 139 apartments will be restricted to people who are 55 years of age or older and have limited income. The remaining 30 units will have no rent restrictions.
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The Orlando Magic are on track to open the $70 million training center by September 2021.
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The revised plan still has a mix of retail, office and residential - just a little less of each.
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The healthcare organization bought an office condo building near its future $250 million orthopedic hospital along Columbia Street.
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Get your first look at the new $70 million Orlando Magic Practice Facility and find out what's going to be inside the 130,000-square-foot facility.
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The developer had planned a splashy celebration to mark the start of construction for downtown Orlando's largest residential project to date.
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Construction of the the warehouse began shortly after the developer paid $5.3 million for the 21-acre site.
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The new 34,000-square-foot wellness center will be built on the site of the former Planned Parenthood center.
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The tower at 390 N. Orange Ave. formerly displayed Bank of America signage, but last year the bank announced it would be moving its headquarters to 300 S. Orange Avenue.
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The destination hotel would have a restaurant on the main floor and a more casual tapas bar on the roof overlooking Lake Eola.
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The apartments would come pre-furnished with space-saving Murphy beds. The entire rooftop will be an amenity deck with dual pools.
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One office property was snapped up by a Miami-based investment platform called Black Salmon. The company was launched in 2017 with a promise to spend up to $300 million in commercial real estate in two years.
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The code revision would allow the Magic to increase its proposed office tower to 18 stories and 420,000 square feet.
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The Mills Park property features allowances to build up to 177,350 square feet of office and hotel space across two buildings.
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3H Group teams up with Atlanta firm for hotel development on former downtown Orlando Travelodge site
The firm bought the land underneath the Hilton Garden Inn/Home2 Orlando Downtown hotel project currently under construction in downtown Orlando.
