Search
 

NY Developer's $30M Apartment Project Up for Review

ORLANDO-The influential Orlando Municpal Planning Board today examines a 338-unit venture being proposed on a 3.6-acre site by GDC Properties of Hawthorne, NY next to the 19-story, 380,000-sf One Orlando Centre, 800 N. Orange Ave.

By Alex Finkelstein | Updated on July 13, 2002

ORLANDO-GDC Properties of Hawthorne, NY, no stranger to the multifamily market in Florida, has its newest $30 million, 338-unit, eight-story Orlando venture up for review today before the influential Orlando Municipal Planning Board. That group’s recommendation goes to city council for a final vote in August.

The undertaking is being built at a development cost of $88,757 per unit.

GDC’s project, Orlando Uptown, joins a growing legion of 2,000 new apartment units built or proposed in the Downtown sector over the past two years.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 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.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.