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Residential Property Developments

Ravaudage developer kicks off plans for new mixed-use district in Maitland

Growthspotter
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A conceptual aerial site plan of the proposed 18-acre Gem Lake Water District in Maitland, which would be entitled for 431 apartments and nearly 200,000 square feet of commercial and public uses.

A conceptual aerial site plan of the proposed 18-acre Gem Lake Water District in Maitland, which would be entitled for 431 apartments and nearly 200,000 square feet of commercial and public uses. (City of Maitland)

Winter Park’s Ravaudage developer Dan Bellows is launching plans for a new mixed-use district in Maitland.

His company, Sydgan Corp., went through its first public meeting with the city Thursday seeking allowances to rezone 17.8 acres of land on the eastern shore of Lake Gem.

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Bellows is pursuing a Planned Development zoning district, along with conceptual approval of a 247-unit multifamily development he has under contract with Raleigh, North Carolina-based Aventon Companies.

At the meeting, the city’s planning and zoning board approved the plans. Sydgan Corp. may now enter the city’s development process starting with a staff review.

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The proposed Gem Lake Water District PD allows for up to 431 apartments, nearly 188,000 square feet of commercial space and about 7,500 square feet of public space.

Plans show the first phase will consist of the 247-unit apartment project and a parking garage that will feature a little more than 400 spaces. The first phase will also include 137 surface parking spaces, waterfront parkways, bike paths, a boardwalk, recreational space, a lift station, boat ramp and several docks.

Bellows told GrowthSpotter he recently completed clearing the land to make way for future development. He said he razed an old multifamily community at 201 Monroe Ave. earlier in the year.

An additional 20 contiguous acres surrounding the lake will also be redeveloped by Sydgan Corp., Bellows said.

The Gem Lake Water District is located at west of U.S. 17-92 and north of Monroe Avenue. It sits north of the Winter Park Maitland border and Sydgan Corp.'s Ravaudage community in Winter Park.

In Ravaudage, the developer is planning to open a 102-room Hilton Garden Inn in May and go vertical on a 126-room Marriott SpringHill Suites at 1127 N. Orlando Ave. next month.

The community is home to the 278-unit Bainbridge at Winter Park apartment development and the 268-unit Broadstone at Winter Park project, which recently sold for more than $84 million.

Have a tip about Central Florida development? Contact me at arabines@GrowthSpotter.com or (407) 420-5427, or tweet me at @amanda_rabines. Follow GrowthSpotter on Facebook, Twitter and LinkedIn.

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