Family-owned construction and real estate development firm Gilbane Inc. is looking to place more apartments near the University of Central Florida in Northeast Orlando ― in an area that has a flurry of housing construction projects in the pipeline.
The developer has submitted plans to Orange County for a 350-unit, four-story apartment building on 8.6 acres of vacant property on Quadrangle Boulevard in unincorporated Orange County, roughly two miles away from the college campus.
The plan is part of a larger one that began nearly a year ago when developers began work to change 2.4 million square feet of entitlements granted to UCF for office use within the large Quadrangle PD into entitlements for student housing and apartments— a mix of market-rate and workforce housing.
An early rendering of Gilbane’s apartment project pending approval by the county’s development review commission shows a four-story parking deck on the property, along with a surface parking lot. The apartment building design includes two interior courtyards, one of which features a pool.
Today, Gilbane’s project is one of several housing efforts in the works for the area, although others are focused exclusively on accommodating UCF students.
To the southeast, Texas-based American Campus Communities ― the nation’s largest developer, owner and manager of high-quality student housing apartment communities, according to its website — is planning to construct a 898-bed building for student housing. It’s slated for 4.4 acres of property along the north side of University Boulevard at 12124 High Tech Ave.
A community meeting regarding this project is scheduled for 6 p.m. April 19 at the University High School cafeteria.
In February, the Orange County Board of Commissioners approved the development of a 750- bed student housing building on 6.25 acres on the southwest corner of Data Court, across from the 230,000-square-foot Siemens Quad II building at 11950 Corporate Boulevard.
That project is led by Indiana-based developer Trinitas Ventures and located north of where Gilbane plans to build 350 multi-family units to be designed by Maitland-based Humphreys and Partners Architects.
All of these properties comprise the greater Quadrangle PD, which has been entitled for office space and retail since the 1970s.
As Central Florida continues to grow, housing developers are exploring every option available to build, said Nicholas Thalmueller, the planning administrator with Orange County.
That explains why we’re seeing efforts to alter long-held land-use entitlements.
“There’s not a lot of land left for housing,” Thalmueller said.