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Pritzker Picks 10 Top Builders to Begin Baldwin Park's First Phase

ORLANDO-The 500 homes and apartment units at the former 1,100-acre Orlando Naval Training Center are expected to average $200,000 each for estimated gross sales of $100 million. Penny Pritzker heads the residential/commercial arm of the family's business.

By Alex Finkelstein | Updated on March 14, 2002

ORLANDO-Orlando NTC Partners, owned by the billionaire Chicago-based Pritzker Family and headed by Penny Pritzker, is going with 10 of the most creditable builders in metro Orlando to build the first 500-home phase of Baldwin Park, a planned $1 billion mixed-use venture at the former 1,100-acre Orlando Naval Training Center, three miles east of Downtown.

The selected builders are Cahill Construction Co., Cambridge Homes, David Weekley Homes, Derrick Builders, Goehring & Morgan Construction, Henderson Development Co., Issa Homes, Jones, Clayton Construction, Rex-Tibbs Construction and Rey Homes.

At an average $200,000 each, gross first-phase sales are expected to reach $100 million, according to area brokers following the controversial commercial-retail-residential enterprise near Orlando Fashion Square Mall. The apartments will be built near the intersection of Maguire Road and Bennett Boulevard.

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