UPDATED: JULY 5, 2016 12:46 PM — Located at 6201 Corporate Centre Blvd., the property lies just a few hundred yards northeast of DDR Corporation's new Lee Vista Promenade retail center.
The plan, filed with the City of Orlando, projects 240 units across 10 three-story buildings with associated parking, a clubhouse/lease office and pool, all on a vacant office/multifamily zoned parcel of 10.5 acres, part of 19.57 gross acres overall.
The request goes before Orlando’s Municipal Planning Board on Aug. 16. The application was made on behalf of the buyer by Brooks Stickler, civil engineer with Kimley-Horn.
Marketed for sale by Margery H. Johnson of Cushman & Wakefield, the property is now under contract to a Florida-based affiliate of The Richman Group. Forum Architecture produced elevation renderings of prospective buildings.
The land is owned by Old Republic National Title Insurance Co., which paid $3.55 million for it in November 2015.
Surrounded on three sides by conservation area, the property lies adjacent to Lee Vista, and close to six successful multifamily communities with average occupancy rates of 97 percent, per C&W’s marketing materials.
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