UPDATED: SEPTEMBER 1, 2017 4:05 PM — Atlanta-based developer Trammell Crow Residential (TCR) has 6.97 acres under contract near Downtown Orlando on the Calvary Assembly of God property, with plans for a 310-unit apartment complex and investments to rebuild and expand adjacent streets.
It's the first of two portions of excess parking area within the church's roughly 40 acres that it intends to sell in the next year to developers, to help capitalize Calvary's own plans to acquire a new building and open a multifaceted outreach center.
To be based on the southwest corner of Clay Street and Harmon Avenue, TCR's site under contract makes up 400 spaces of the church's current parking lot.
Calvary Assembly extensively remodeled its church in the past two years to upgrade the facility throughout, and reduce its seat count from 5,500 to 4,000 to accommodate a shrinking congregation. That drop in seating resulted in about 500 unnecessary parking spaces.
The church began taking steps in Summer 2016 to prepare its property for portioned sale, filing a Framework Master Plan with the city of Orlando to allow for new commercial uses like hospitality, multifamily and assisted living.
TCR will require an eventual subdivision from within the church's main 23.85-acre parcel, part of approximately 40 acres the church owns between Minnesota Avenue to the north, Clay Street to the east, Dartmouth Avenue to the south and I-4 to the west.
Dubbed "Alexan North End," TCR's new urban apartment building would stand four stories with structured parking (466 spaces), 63 surface parking spaces, and amenities that include a swimming pool and courtyard area, business center, club room, fitness and yoga centers, and co-working space.
The 310-unit count would break down as 63 studio apartments, 143 one-bedrooms, 95 two-bedrooms and nine three-bedrooms, per plans filed with the city.
The developer is requesting the city abandon a 100-foot portion of Cornell Avenue located within the Calvary Assembly of God property, in addition to its Master Plan filed for the apartments project.
Officials with TCR did not respond to requests for comment on Friday. Calvary Assembly pastor Edward Garvin told GrowthSpotter a closing date for the land sale is fluid, following multiple extensions to the contract this year.
TCR would redevelop Pinehurst Avenue with on-street parking and a five foot-wide sidewalk down its east side to Par Street. Jewell Avenue would be reconstructed as a paved road with a new cul-de-sac for cars only, a separate two-unit townhome building would be placed on Jewell with off-street parking and garage units with tandem parking, a private lift station will be installed on Jewell Avenue for the entire development, and Harmon Avenue will be reconstructed and extended to intersect with Pinehurst Avenue and include on-street parking.
For Calvary Assembly, the sale of excess land at its mega-church campus is meant to generate capital for a new outreach center it has planned on another site.
The church currently has property in northern Orlando under contract with a 70,000-square-foot building, said Garvin, which it plans to transform into a low-cost or no-cost outreach center for healthcare and grocery services for the poverty-stricken, and after-school programs.
Calvary Assembly has one last portion of its property under contract for sale, roughly 3 acres on the north end that is now a maintenance yard and 100 parking spaces, Garvin said. The prospective buyer, Winter Park Property Development LLC, is considering an assisted living facility.
The Alexan North End project helps TCR recover roughly a year of lost time on two other proposed multifamily projects that it was preparing in 2016, but ultimately backed away from the land purchases.
Those included a contract on 25 acres northeast of Universal Boulevard in the heart of Orlando's tourism corridor, and 15 acres adjacent to Downtown Orlando's Fashion Square Mall where 356 units were planned. TCR ultimately sold its development interest there to The Cornerstone Group, which bought the land and plans in late July.