Toll Brothers is looking to build a new student living project near the University of Central Florida.
Through its Toll Brothers Apartment Living subsidiary, the company put in place plans to build a 170-unit student housing community at 12727 E Colonial Drive. The development will feature 680 beds.
According to a recently filed Land Use Plan in Orange County, the real estate firm is requesting to rezone 8.2 acres and increase density to move forward with construction.
The three-parcel property is owned by mixed group of companies including: KMP Properties, Cordner IV, and East Colonial Investments LLC.
The developer is also in the midst of completing a 1,100-bed luxury student housing project in Miami by Florida International University.
Other universities where it has developments include Penn State in Pennsylvania and Emory University in Atlanta.
Toll Brothers joins other developers in the area with planned or recently completed student housing projects by UCF.
Nearby, Athens, Georgia-based Landmark Properties wants to redevelop a Burlington store at 12151 E. Colonial Dr. into a 151-unit student housing development.