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Two new projects, an office building (blue) and a 5-story apartment building (red) are being proposed in Baldwin Park.
Two new projects, an office building (blue) and a 5-story apartment building (red) are being proposed in Baldwin Park. (City of Orlando)

A new luxury apartment building and more offices could be coming to Baldwin Park.

Boca Raton-based Gables Residential has filed plans with City of Orlando to demolish a bank building near Lake Baldwin and replace it with a 5-story multifamily apartment building and parking garage. The developer has a large portfolio of assets in South Florida and gradually expanded into Central Florida with projects in the Tampa Bay market, in Lakeland and Daytona Beach.

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This would be Gables’ first project in Orlando. The project site is at 1801 Prospect Ave., next door to the U.S. Customs and Border Patrol office and across Lakemont Avenue from the recently completed Baldwin Harbor apartments in the Village Center.

Gables is seeking to amend the Baldwin Park Planned Development to convert the existing 11,090-square-foot Fairwinds Credit Union bank and office building into residential entitlements. The tradeoff for the existing building equates to 17 dwelling units. In addition, the Baldwin Park PD has 81 available residential unit entitlements, with 12 allocated to the Village Center.

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Insight on the new seven-story infill project proposed for the last big vacant lot in this master-planned community's village center.

In order to achieve the density level sought by Gables, the developer would need to convert additional unused office entitlements for residential use, according to the application. There are currently 206,176 square feet of unallocated capacity in the Office Medium Intensity and Industrial/Office category and 247,125 square feet in the Village Center Office category. The application doesn’t specify how many units are being sought.

Baker Barrios is architect for the project.

In 2018, Miami developer Alex Vadia made a similar office-to-residential conversion request for a proposed mixed-use residential building at the southwest corner of New Broad Street and Meeting Place. Vadia’s Midtown Development, which also owns the former Orlando Sentinel property in downtown Orlando, bought the vacant .8-acre lot for $2 million. There are no active building permits on the site.

Nearby, the owner of the Colonial Development Group Office Park in Baldwin Park has filed rezoning and master plan applications to build a new 12,000-square-foot office building on a .4-acre vacant lot at 941 Lake Baldwin Lane. DRMP is the civil engineer for the project.

Both cases will be assigned to the Baldwin Park Town Design Review Committee.

Have a tip about Central Florida development? Contact me at lkinsler@GrowthSpotter.com or (407) 420-6261, or tweet me at @byLauraKinsler. Follow GrowthSpotter on FacebookTwitter and LinkedIn.

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