Pittsburgh-based developer entering Orlando with plan for 240 units on Narcoossee Road

Maifly Development, a Pittsburgh company that specializes in market rate apartments and student housing, has filed a master plan with City of Orlando for a 240-unit community in the airport/Lee Vista submarket.

The apartment complex is slated for an 8.6-acre tract at 6440 Narcoossee Rd., less than a half-mile south of the intersection with Goldenrod Avenue. The land backs up to the Walmart store on Goldenrod.

The site plan calls for a total of six residential buildings circling a retention pond, with a pool and clubhouse and parking around the perimeter of the property. Each residential building would have 40 apartments, a mix of studios, one-, two- and three-bedroom units, according to preliminary plans filed with the city in January.

The clubhouse would incorporate a cafe, clubroom and fitness center, according to the conceptual floorplan. A large covered patio would overlook the pool.

Jacksonville-based Group 4 Design is the project architect. Tampa-based Loci Capital is an equity partner.

Maifly Managing Partner Matt Durbin declined to speak with GrowthSpotter.

Narcoossee Road has been one of southeast Orlando’s hottest corridors for new luxury apartment construction, though the bulk of the activity is taking place further south along Lake Whippoorwill.

The Bainbridge Companies has two projects in development along the lakefront that will add over 650 new apartments. Crescent Communities has applied for annexation into the city for one of its Novel-branded communities, called Novel Nona.

DeBartolo Development had eyed an industrial site at 7567 Narcoossee Rd. last year for a possible multifamily community but decided not to pursue it.

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