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Old Cranes Roost Park office complex may be torn down and replaced with apartments

The first phase consists of up to 400 multifamily units on Lot 1. The second phase, on Lot 2, is the commercial component that features 36,600 square feet of office space, 8,300 square feet of retail space and a 10,000-square-foot restaurant. The final phases consist of plans to add 459 apartments on Lot 3 and 460 apartments on Lot 4.
The first phase consists of up to 400 multifamily units on Lot 1. The second phase, on Lot 2, is the commercial component that features 36,600 square feet of office space, 8,300 square feet of retail space and a 10,000-square-foot restaurant. The final phases consist of plans to add 459 apartments on Lot 3 and 460 apartments on Lot 4. (Seminole County Property Appraiser/City of Altamonte Springs)

Emerson International is moving forward with plans to tear down the old CenterPointe Office Park abutting Cranes Roost Park in Altamonte Springs to build a large mixed-use community.

More than 1,300 apartments and new office, retail and restaurant space are depicted in a Final Subdivision Development Plan application under review by the city’s Development Review Committee.

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Emerson International was the original developer of the 22-acre CenterPoint Office Park back in 1974. Currently, it consists of four single-story office buildings that total about 65,500 square feet.

Entitlements allow for more than 131,000 square feet of office use, but according to the application material, the developer is seeking a maximize the property’s mixed-use potential. To do this, it’s seeking to utilize the property’s MOR-3 Mixed-Use Residential District zoning and the city’s Regional Business Core East Activity Center’s future land use. In addition, Emerson International states in its application it wants to transfer development rights and use development bonuses to allow for increased density.

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The proposed mixed-use project is being planned in phases across four different lots and a tract for open/recreational space.

Dewberry is civil engineer on the project.

According to plans, the first phase consists of up to 400 multifamily units on Lot 1, which spans 4.37 acres. The second phase, on Lot 2, is the commercial component that features 36,600 square feet of office space, 8,300 square feet of retail space and a 10,000-square-foot restaurant. The final phases consist of plans to add 459 apartments on Lot 3 and 460 apartments on Lot 4. A parking structure is also proposed.

The conceptual plans do not include specific details regarding building height for the new apartment towers or office building. The current zoning allows a maximum height of seven stories, but the developer could seek a density bonus to allow 15 stories, and with “innovative architecture” it’s 20 stories.

The developer states it intends to design an “urban event street section” that “will serve as a pedestrian gathering space for festivals, markets, food truck Fridays, and other planned special events.” The urban event street section will connect to a proposed open space corridor to Crane’s Roost Park.

Nearby the proposed mixed-use community, there’s another urban-style development further along in the approval process.

Family-owned construction and real estate development firm Gilbane Inc. is proposing to build a towering apartment complex across from Cranes Roost Park. Plans call for a 346-unit multifamily development that will connect to a new six-level parking garage via a pedestrian bridge suspended above Uptown Boulevard.

Frank Martz, Altamonte Springs city manager, told GrowthSpotter Giblane’s is approaching final site plan reviews on some of the components. He adds both projects fall in line with the city’s envisioned future for its Uptown District, in that it draws in new housing opportunities as well as creates community-oriented spaces for recreational use and festivals.

“Event opportunities are going to be more varied, more diversified,” alluding to a future where street festivals and events could take place simultaneously on the southern, middle and northern parts of the park. Cranes Roost Park features a mile of continuous walkways made up of two pedestrian bridges that cross the 37-acre lake.

“There will be something for everyone.”

Emerson International is a longtime property holder and developer active in Altamonte Springs. Emerson developed the 300-unit Sanctuary at CenterPointe apartments, the twin 12-story Emerson Plaza condominium towers and the CenterPointe office buildings.

Have a tip about Central Florida development? Contact me at arabines@GrowthSpotter.com or (407) 491-3357, or tweet me at @amanda_rabines. Follow GrowthSpotter on Facebook, Twitter and LinkedIn.

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