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The developer will build the final two condo buildings that were planned for Fairview Grande before the project stalled during the recession. All of the new condos will have three bedrooms and two bathrooms.
The developer will build the final two condo buildings that were planned for Fairview Grande before the project stalled during the recession. All of the new condos will have three bedrooms and two bathrooms. (Florida Engineering Group)

The Brazilian investors who paid $1.2 million in 2017 for a pair of condo tower pads on Lake Fairview are now prepping for construction of final 110 units in the Fairview Grande development.

The Fairview Grande condominium complex was started in 2006. It was designed to have three mid-rise condo buildings, but development stalled after the first building and amenities were completed. The gated community has a pool and clubhouse as well as a private boat ramp and community boat dock with multiple slips.

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The second and third buildings are designed to have 50 and 60 units, respectively. All of the condos will have three bedrooms and two bathrooms, rather than the earlier mix of two- and three-bedroom units.

The developers of Fairview Grande upated the exteriors of the condo buildings from the earlyer 2005 design.
The developers of Fairview Grande upated the exteriors of the condo buildings from the earlyer 2005 design. (Rabits & Romano)

The developer worked with Rabits & Romano Architecture to update the exterior elevations of the buildings.

"Our clients are not planning to do anything extravagant there, just to finish what was started with Fairview Grande 10 years ago," broker Denio Abreu previously told GrowthSpotter. His Orlando-based NewImob Realty Corp. advises foreign investors on commercial and residential investments in the United States.

Florida Engineering Group completes the development team. FEG filed construction permits in late April with the St. Johns River Water Management District

The former industrial site is just south of the popular Grills Lakeside restaurant, which opened in 2018.

Have a tip about Central Florida development? Contact me at lkinsler@GrowthSpotter.com or (407) 420-6261, or tweet me at @LKinslerOGrowth. Follow GrowthSpotter on Facebook, Twitter and LinkedIn.

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