The build out at Colonial Grand at Randal Lakes continues, with ground soon to be broken on 314 apartments in 21 two-story buildings.
The $1.1 million project will double the size of Colonial Grand at Randal Lakes, a lakefront community whose first phase of 300 apartments was built several years ago, located to the east of the Lake Nona border and directly south of Sun Blaze Elementary School.
Demand to live in the burgeoning area is driving the project, which is expected to begin next month on 26.3 acres and be completed in about 18 months.
The apartment project includes four building types, single-story clubhouse, cabana, cigar bar, maintenance garage, four-bay detached garages as well as integrated main-level garages, dog park and community pool.
ContraVest Construction Co. of Orlando is the general contractor. Colonial Properties Trust is the owner. MAA is the developer, Forum Architecture & Interior Design is the architect, Premier Structural Engineering is the structural engineer and SGM Engineering is the MEP engineer.
Lake Nona is fast becoming an appealing place to live given all of the new industry locating there, with much of it carrying a medical bent. The area is home to a new VA Medical Center, the Sanford-Burnham Medical Research Institute and the University of Central Florida College of Medical and Health Sciences. It will also be the home of the GuideWell Medical Innovation Center and the United States Tennis Association National Campus.
Editors note: This story was updated to reflect Colonial Grand at Randal Lakes falls outside the confines of Lake Nona as defined by Tavistock Group, which has an 11-square miles radius of land in the area that it considers to be Lake Nona.