The privately held developer plans a $40 million, 250-unit structure with 30,000 sf of retail and seven levels of parking on at least an acre at Magnolia Avenue and Church and Cort Streets. The apartments would sit atop the retail and the garage.
If approved by the city and the Federal Aviation Administration, the estimated 450-foot tall building would eclipse the 442-foot high, 35-story SunTrust Center at 200 S. Orange Ave., the tallest commercial structure in Central Florida.
In a second venture reported by GlobeSt.com on July 15, GDC's plans for Orlando Uptown, a $30 million, 338-unit, eight-story undertaking on 3.6 acres at Marks Street and North Orange Avenue, have been approved by the Orlando Municipal Planning Board and go before the city council in August for the first of several public reviews.
Continue Reading for Free
Register and gain access to:
- 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
© 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.
