The solid recognition prompted St. Joe Commercial vice president Frank W. Herring to explain the strategy behind the commendation.
"We changed an exterior shell that was largely cosmetic into load-bearing structural walls with window spaces, and offset facades that are visually appealing from the outside," says Herring. "That was a major concern for all of us, especially Rollins College" which owns the building's land.
The one-year-old asset offers an 849-space parking garage "that looks more like a row of elegant townhomes and more in keeping with the chic Park Avenue environment," Herring says.
Besides St. Joe Commercial, the development team includes Finfrock Industries of Orlando, the structural consultant and RTKL, the architect. The rent range is $29 psf to $32 psf. Office space is 51,996 sf; retail, 26,708 sf.
"What turned the award judges on was the way the project design fit into the neighborhood and the way the project design and development team were able to think quickly on their feet," notes Herring.
Winter Park is eight miles north of Downtown Orlando.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.