Physician and philanthropist Dr. Kiran Patel wants to build apartments and retail next to his planned Orlando College of Osteopathic Medicine in Horizon West.
Chris Smith of Element Commercial Construction recently submitted an application in Orange County seeking to build a 360-unit apartment complex on land owned by GHI RE Holdings LLC, which is tied to Patel.
The property at 7020 Avalon Rd. sits on about 26 acres north of Schofield Road and west of Avalon Road, adjacent to the proposed 136,200-square-foot independent medical college.
Records show GHI RE Holdings LLC paid $17.1 million for the property last month. The deed includes a Development and Restrictive Covenant Agreement by and between Hamlin Partners at Silverleaf LLC (the sellers and master developer) and Global Health Initiative LLC.
Conceptual plans for the multifamily complex show the project will be made up of four, 4-story apartment buildings that wrap around a large surface parking area. The proposed site plan features an amenity area and future retail commercial building to the south, though plans do not specify how large the retail commercial building will be.
The proposed Orlando College of Osteopathic Medicine next door is planned to rise southeast of Boyd Development’s growing Hamlin community. The area is planned to feature a roughly 20-acre medical campus that will contain about a dozen medical office buildings. The first phase is underway and features about 100,000 square feet of commercial space.
In 2017, Nova Southeastern University named its College of Osteopathic Medicine after Dr. Patel shortly after he and his wife announced a $200 million commitment to the school.
Records show their foundation donated another $25 million to the university in 2018. The partnership with Drs. Kiran and Pallavi Patel also helped fuel the construction of its Clearwater branch in Pinellas County, along the Courtney Campbell Causeway. The 311,000-square-foot campus was completed in 2019.
The proposed apartments and college in Horizon West are near active residential developments including Dream Finders Homes’ 151-lot residential community, located south of New Independence Parkway and west of S.R. 429.
Apartment projects nearby include the recently completed Lodge at Hamlin multifamily community, which sold for nearly $90 million earlier this month. Features at that apartment complex include a lakeside pool, a 2-story gym, an indoor pet grooming suite, and a game room with shuffleboard and billiards.