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Brossier assembles land in Orange County’s Four Corners area for new multifamily community

An aerial view of the property at 14544 Avalon Road looking west.
An aerial view of the property at 14544 Avalon Road looking west. (NAI Realvest/GrowthSpotter)

Brossier just took control of a large swatch of land in Orange County’s Four Corners area for its proposed Registry at Grass Lake multifamily community.

The Winter Park-based developer paid a total of $3.34 million for about 20 acres of land at 14544 Avalon Road. Plans call for a 360-unit multifamily community just north of U.S. 192 in Four Corners.

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The larger parcel was sold by 18 Avalon Road LLC, an Atlanta-based company let by Denis Ng, for $3 million. Records show the land had belonged to family members of Ng since 1980.

Kevin O’Connor and Matthew Cichocki, principals at NAI Realvest, brokered the deal.

The developer withdrew its permit application last year to buy itself some time to deal with wetland mitigation credit purchases and other issues. Now plans are back on track.

In recent months, the company also bought an adjacent 1.3-acre parcel from Vurnell Vandever for $310,000.

When Brossier sought to rezone the first 18 acres last year it reached an agreement with Orange County that included handing off about 0.3 acres of right-of-way for $107,985 in transportation fees credits.

Plans were approved last summer.

The real estate firm is now seeking approvals from Orange County to rezone the parcel and incorporate it into the approved Planned Development for the multifamily community. The request is slated to go before Orange County’s Planning and Zoning board in early June.

Brossier has developed two other multifamily complexes under the Registry concept. Registry at Grass Lake will feature multifamily buildings that will be up to five stories in height. The minimum size for a unit will be about 600 feet.

No architect is listed in plans. Kimley-Horn and Associates is the civil engineer. Executives at Brossier were not available to comment.

The property lies a half-mile south of The Grove Resort & Spa and is adjacent to a 56-acre site on Bali Boulevard that’s in permitting for a three-hotel development by AD1 Global.

Last year, AdventHealth paid $9.6 million for a recently completed freestanding emergency department building, nearby, at 17430 Bali Boulevard.

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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