Sky Gets Thumbs Up for $300M Mixed-Use Project

ORLANDO-Aventura-based developer Sky Development Inc. is planning to begin construction in 2009 on the first phase of Skycity Orlando, a $300-million, mixed-use development at 100 W. Livingston St. This is Sky Development’s first project in Orlando.

Sky Development has received site plan approval for the project, which will consist of two towers on 2.97 acres. The project is located on the corner of West Livingston Street and North Garland Avenue near the Orange County Court House and directly across from the LYNX station.

The first phase consists of Sky Tower I, which will be a 25-story, class A office building with 515,000 sf of space. Sales and leasing efforts will begin in the fourth quarter of this year. Construction is expected to be completed by the end of 2010, Sky Development founder and CEO Yizhak Toledano tells GlobeSt.com.