Dallas-based Mill Creek Residential Trust will release bid specifications next week for subcontractors on its 22-story Modera Central tower set for Downtown Orlando, with plans to begin demolition in August and start new construction in October.
The 1.25-acre site of the mixed-use project lies on the southwest corner of E. Central Boulevard and S. Rosalind Avenue, and is owned and occupied by the University Club of Orlando.
Mill Creek's master plan, which involves demolishing the 90-year-old University Club and building a residential tower that includes the club, was approved in July 2015. That was subsequently appealed by local resident Jorge Canay, with a settlement agreement approved by City Council in September 2015.
The developer revised those plans in early February, reducing the approved count of 394 Class A market-rate apartments to 350 units. This also cut the tower height from 26 stories to 22.
At 626,324 gross square feet overall, Modera Central's ground floor will feature retail, loading space and parking, while floors 2-6 will be parking, floor 7 an amenity deck with some units, and floors 8-22 the remaining apartments.
Revised plans approved by City of Orlando in February now include 12,400 square feet of commercial, and a 19,500-square-foot University Club spread over three floors.
The building will be a post-tensioned concrete structure, with ACDP (Auger Cap Deep Pile) foundation system, and an exterior metal frame, sheathing and conventional stucco system, according to Eric Brehm, project executive with Mill Creek.
Building permit applications for the project received their first round of comments from City of Orlando staff last week, Brehm said. A revised submittal will be made by May 6, and permit receipt is anticipated by mid-June.
Mill Creek is the developer and general contractor. Design documents were finalized in December 2015, and construction documents are expected to be ready by May 2, Brehm said.
Plans and specifications will go out on May 4, with Q&A open May 9-20, and bids due by May 27. Subcontractor awards should start July 1.
Demolition of the current University Club building should occur in August and September, and new construction on the tower is targeted to start in October and run through September 2017, Brehm said.
Exterior work should run May 2017 through January 2018, interior buildout from July 2017 through August 2018, and final inspections for occupancy by September 2018.