September 21, 2019

Multi-Family Residential Developments

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Monarchs at Lake Pleasant apartment project scores zoning approval in Apopka

A rezoning request sought by local developer Rafael Martinez was approved Wednesday evening, allowing his proposed 126-unit apartment project to move forward.

Dallas-based Streetlights Residential tapped for new Celebration apartments

Learn more about the newest player in Central Florida's booming multifamily scene.

Auto dealer will spend $2M on environmental cleanup at site of new Subaru Sport

The site has been an illegal dumping ground for decades. Now the developer is pledging to remove over 1,000 truckloads of hazardous waste.

Developers respond to Clermont apartment moratorium

A year ago, the city was talking about adding density bonuses to encourage affordable housing. Now Clermont has a 6-month moratorium on all new multifamily development.

City planning staff support new Dezerland master plan at former Artegon mall

If approved, the vast parking lots at Artegon could be redeveloped with over a thousand apartments, a new hotel and more shops.

Global investment firm buys apartments in the large-scale World Gateway DRI near Disney

From the time of its previous selling price in 2015, the 252-unit apartment complex has increased in value by more than 25 percent.

Alabama investor pays $61.7M for newly completed apartment complex in Kissimmee

The deal represents the highest price per unit paid for an apartment complex in Osceola County this year.

Multifamily development plans emerge for land Intram owns in southern Orange County

The developer is under contract to sell more than 10 acres of land north of its Sunrise City Plaza project that lies directly south of the Orange/Osceola county line.

Venterra Realty drops $104M for apartment complex by Mall at Millenia

The deal marks the most expensive individual transaction for an apartment complex in the Orlando submarket of this year.

Developer shares vision for $62M marquis tower in Parramore

Get the story behind the name of the "DXV Central" tower, and find out what's going to make it unique in downtown Orlando.

Dog track property in Longwood “flew right off the shelf” after hitting the market

The 31-acre site in Longwood received more than 20 offers, driving up the price from the listed $7.35 million.

Multifamily and short-term rentals uses are being sought for lot near Grove Resort & Water Park

The nearly 40-acre lot will be split in half to favor the development of a market-rate apartment community to the north and mid-rise condominium-style suites to the south.

Tampa developer plans mixed use on 85 acres in Kissimmee’s LOOP market

The new mixed-use project on Kissimmee's Osceola Parkway would be called The Loop South.

ContraVest moves forward with luxury multifamily project near Disney

ContraVest plans to break ground on a $52 million apartment complex that will mark the first development within Amer Group’s 50-acre mixed-use project on Lake Bryan.

Atlanta developer eyes Four Corners site for new apartment complex

The apartments would be built on U.S. 27, just north of the I-4 interchange.

Inverlad prepping for next phase of Yard at Ivanhoe

Find out when the first residents will be moving into The Yard at Ivanhoe, and learn what the developer has planned there for 2020.

Lennar files master plan for new resort on 77-acre I-Drive site

Lennar is one of the biggest vacation home builders in Osceola County. Now it's looking to bring that model to Orlando's I-Drive tourism corridor.

Praedium Group snags another Orlando-area apartment complex

This luxury apartment complex in Maitland is attracting renters who were priced out of the Winter Park market.

City planning board OKs senior affordable housing project after second hearing

The Fern Grove project will provide 138 apartments for low-income seniors in West Orlando.

Fashion Square redevelopment concept includes about 1,000 apartments

Find out what developer Chuck Whittall has planned for the Orlando Fashion Square mall in 2020.

Nearly a thousand apartments are being planned to replace golf course by Mall at Millenia

A recently submitted site plan shows the developer wants to convert the former 18-hole Eaglewood Golf Club into an apartment community with 30,000 square feet of commercial space.

Houston developer pursues land in Waterford Lakes for new multifamily community

Over the past 30 years, the land on State Road 408 - Colonial interchange has remained vacant. Now, at least one developer is seeking to rezone it for multifamily use.

Developer releases more details about mixed-use project at Tupperware SunRail station

Developer says construction will start this year on mixed-use development at Tupperware SunRail station.

Bluerock pays $59M to expand its multifamily portfolio near ChampionsGate

The value of this apartment complex in the booming ChampionsGate market grew by 44% in less than four years.

Dubai developer progressing on plans for luxury apartment tower on W192

This will be the first of three new apartment towers the developer plans to build on U.S. 192 near Disney.

Student housing company moves forward with Burlington store redevelopment by UCF

The former Burlington store near UCF will be demolished to make way for new student housing.

City of Longwood reviewing plans for new 75-unit apartment building

The apartment building in City of Longwood will have a dock on Fern Lake for residents to enjoy the natural setting.

Osceola School Board cancels vote on studio apartment impact fees

Orlando-area apartment developers say they would build more studios if not for the $11,362 per unit school impact fee.

Epoch’s Maitland Station and Boyd’s LakeWalk at Hamlin apartments fetch big price tags

The two metro-Orlando apartment complexes sold for a combined $150 million last week.

Tampa developer teams up with Greystar on new multifamily project near Disney parks

This is the second time in recent weeks that a major resort company near the Daryl Carter Parkway and Palm Parkway intersection moves to sell off excess land for multifamily development.

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