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Rendering of the proposed seven-story retail and apartment building in Orlando's Baldwin Park, at the corner of New Broad Street and Meeting Place.
Rendering of the proposed seven-story retail and apartment building in Orlando's Baldwin Park, at the corner of New Broad Street and Meeting Place. (Looney Ricks Kiss)

A Miami-based real estate developer with large holdings in downtown Orlando filed plans this week to turn the last vacant lot in Baldwin Park's Village Center into new retail and apartments.

Located at 4787 New Broad St., the 0.82-acre parcel lies on a highly visible southwest corner with Meeting Place, in the heart of the 1,100-acre, master-planned community of Baldwin Park.

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Back in March, investment vehicle Baldwin Park Opportunities B, LLC bought the land for $2.095 million. Developer Alex Vadia is the man behind it, whose companies Midtown Opportunities and Midtown Development have played lead roles since 2010 in assembling and redeveloping about 22 acres in downtown Miami as the upscale, mixed-use Midtown Miami district.

Rendering showing the front view from New Broad Street in Baldwin Park of a proposed seven-story building with ground-floor retail and apartments above.
Rendering showing the front view from New Broad Street in Baldwin Park of a proposed seven-story building with ground-floor retail and apartments above. (Looney Ricks Kiss)

Midtown Development filed a Master Plan on Aug. 14 with the City of Orlando for a new seven-story, 122-unit apartment building with 4,512 square feet of ground floor retail.

Amenities of the apartment building, dubbed "Baldwin House," include a swimming pool and outdoor kitchen, fitness center, pet salon room and outdoor fenced pet area, library/screening room, communal lounge, co-working space and supper club room for group dining. Two retail bays are labeled for a coffee shop and bank/art gallery, which may be subject to change.

Vadia did not respond to requests for comment on Friday.

Learn which high-profile South Florida developer has grabbed his third Orlando land asset in the past three years, and what options the entitlements offer.

The 122 apartments would be a mix of one- and two-bedroom units, with the rooftop featuring 10 penthouse units with terraces and a rooftop amenity space for all.

Locally, Vadia affiliates own the 18.69 acres across two city blocks in downtown Orlando that are partially leased by the Orlando Sentinel. They also own the 3.57 acres one block to the south at 434 N. Orange Ave. that are now under contract to New York-based developer Property Markets Group, which has plans under city review for 889 apartments across three phased towers and 41,000 square feet of retail-commercial.

The Baldwin Park property lies within that master-planned community's Planned Development zoning, and specifically within the Village Center core.

Rendering showing the rear of a proposed seven-story mixed-use apartment building proposed for the Village Center of Baldwin Park in Orlando.
Rendering showing the rear of a proposed seven-story mixed-use apartment building proposed for the Village Center of Baldwin Park in Orlando. (Looney Ricks Kiss)

The mixed-use development should fit right in with adjacent buildings along Baldwin Park's busy main street. Required parking would be met by utilizing an existing parking lot to the building's southwest, which were master designed previously to accommodate future development on this lot.

A parking analysis was conducted back in May 2015 by Kimley-Horn for then-prospective developer Framework Group out of Tampa. Framework was proposing a similarly sized apartment building, and the study concluded that adjacent surface parking could serve the spaces required by city code for a new building.

Kimley-Horn is civil engineer on the new plan, Charles Rob Defoor & Associates the surveyor, and Baton Rouge-based Looney Ricks Kiss the architect.

Have a tip about Central Florida development? Contact me at bmoser@growthspotter.com, (407) 420-5685 or @bobmoser333. Follow GrowthSpotter on Facebook, Twitter and LinkedIn.

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