Philadelphia-based multifamily real estate firm The Klein Company is picking up momentum on what would be its third project in the Orlando market.
Its long-planned Dwell at Oviedo apartment community just received architectural design approvals from the Oviedo City Council allowing the developer to move forward and potentially begin construction soon.
As part of those plans, the company will donate a $40,000 sculpture to the city.
Dwell at Ovideo will be made up of four elevator-equipped, 4-story multifamily buildings that will be finished with stone veneer, stucco and fiber cement siding, according to plans. Amenities include multi-modal trails, bicycle maintenance stations, a dog park, open/recreation space, a clubhouse, and detached garages for residents.
A preliminary site plan for the apartments was approved by city council members last summer, years after the developer first proposed plans in 2016 when the now completed Oviedo Medical Center was under construction.
Records show the Klein Company assembled the properties between 2004 and 2006.
The project is located on about 13 acres on the north side of Oviedo Mall Boulevard and the west side of West Broadway Street (S.R. 426). It’s the first phase of a larger 25-acre mixed-use project that is entitled to feature 100,000 square feet of office space and a 100-room hotel.
Meanwhile, another luxury apartment community is coming along in Oviedo.
Atlanta-based Brand Properties is close to breaking ground on its 297-unit Ellington at Oviedo Park multifamily project that will consist of 12,000 square feet of ground-level retail space.
The apartment community is located across the street from the 100-acre Oviedo on the Park mixed-use community, which is anchored by the $70 million Strand apartments and city amphitheater. The project features more than 700 residences and over 45,000 square feet of retail and office space.
Similar to Dwell at Ovideo, the Brand Properties committed $80,000 to fund three art installations by artist Adam Pinsley that will be placed beside a new 8-foot-wide sidewalk along Clara Lee Evans Way.