Its Master Plan, which depicts a 330-unit apartment complex at 7575 Universal Blvd., won unanimous approval Tuesday from Orlando’s Municipal Planning Board.
The Orlando City Council will review plans next month. If approved, Bainbridge can begin seeking building permits for the proposed project on the southeast corner of Universal Boulevard and Carrier Drive.
Plans call for three, five-story multifamily buildings with the residential buildings surrounding interior parking lots and the proposed stormwater pond to the south. The planned Sand Lake apartment complex will be gated and feature a dog park.
A separate two-story carriage building will front Universal Boulevard and a clubhouse and pool/courtyard area will be north of the stormwater pond. The majority of the parking spaces will be surface lots, while several small, single-story, garage buildings will also provide parking options for residents.
Units will feature up to three bedrooms, including 20, one-bedroom studio apartments.
Bainbridge is under contract to purchase the property. Records show Orlando-based real estate investment firm Estein USA owns the land. It paid $110,000 for the 13-acre site in 2010.
To move forward with the proposed project, Bainbridge must demolish a 6,540-square-foot, single-story office building onsite, built in 1988.
The proposed apartment project isn’t the only site in area that Bainbridge has under contract.
Just north of the property, the multifamily developer is coming close to purchasing the shuttered Mystery Fun House site at 5767 Major Boulevard.
Bob Thollander, Bainbridge’s president of development in Florida, previously told GrowthSpotter the company intends to invest about $100 million on the community. Thollander was not immediately available to comment on the Sand Lake apartment project.
Its latest multifamily project on Universal Boulevard is neighbored by several big developments in the pipeline, including a 399-unit infill project on the former Republic Square shopping plaza planned by California-based Legacy Partners.
Nearby, Kirkman Road is expected to extend 1.7 miles from Sand Lake Road to Universal Boulevard, next to Universal Orlando’s planned Epic Universe theme park. The extension was approved by Orange County commissioners in December.