New York developer files plan for 16-story apartment tower in downtown Orlando – GrowthSpotter

A New York company that owns several properties in Central Florida, including Disney’s Celebration Town Center, has filed plans for a 16-story residential tower in downtown Orlando, just blocks from the lake. Eola.

Capital Lexin is under contract to purchase the 1.15 acre lot at 550 Mariposa St. which was to be the second phase of a condo project called Eola Place. Founder Metin Negrin said GrowthSpotter the plan is now to build rental apartments with retail on the ground floor using the same rights that have already been approved in the previous planned development.

“We decided to go with what’s already approved so we don’t waste time,” Negrin said. “I’m very excited. It’s a great place – I’m surprised it hasn’t been built before. So hopefully we can bring it together.

Lexin recently filed a new master plan for an L-shaped building next to the existing 9-story Jackson condominiums and across from the recently completed Camden Lake Eola apartments. The development plan calls for 223 residential units, a parking garage that can accommodate 425 vehicles and nearly 20,000 square feet of commercial space on the ground floor. This includes a 2,362 square foot space at the corner of South Osceola and Mariposa streets that would qualify as “active commercial.”

Negrin said the commercial space could be a restaurant or retail space. The floor plan on the ground floor creates three neighborhood rental spaces, which are separated by the apartment building lobby and the rental office. “We split it in two because I want to make the entrance to the apartment a nice, good size,” he said. “And we wanted to put the lifts also in the middle and not to the side. So I agreed to split the ad in two. The business could be a retail business, it could even be an office.

The initial focus will be on the residential side, and it’s designed to meet tenant demands for more square footage and work-from-home facilities. Indoor amenity space will include co-working space, and apartment floor plans provide flexible space.

“I asked them to design many of our units with a den so that we have one bedroom with dens and two bedrooms with dens. You are therefore not obliged to rent a two-room apartment if you are alone. You can rent a room with a den and have a bit of separation from your typical gym or living room.

The project will offer a mix of apartment sizes with approximately 30% of units coming with a den or flex space. The distribution of units is 63 one-bedroom units, 27 one-bedroom units with living room, 53 two-bedroom units, 42 two-bedroom units with living room and 38 three-bedroom units.

Negrin also worked closely with lead architect Wayne Dunkelberger of Barrios Baker on the exterior design to create a distinctive building that felt modern and urban, and would be unlike anything else in downtown Orlando.

He showed the team examples of architecture he liked in other cities so they could take inspiration from them. Kimley Horn is the civil engineer, and Lowndes provides legal representation. The city’s Appearance Review Committee will provide a courtesy review at its May meeting.

In his project story, Dunkelberger said the overall design takes into account the surrounding context, linking architecturally to the main existing buildings, while embracing contemporary articulation to create an exceptional property that will be aesthetically pleasing for years to come.

The specific architectural articulation divides the facades into rhythms between glazing, screens and frames, he added. There is an overall pattern of “3” which is displayed in different ways on all elevations. The most striking way to show this is in the framing of the white box which fits into the glazing of the building. These create a contemporary way of breaking down mass and are the star elements that will define the project architecturally for the public.

“So we were trying, I was trying to be a little bit different,” Negrin said. “And I think it turned out really nice. I really liked the look – the boxy and the lines and the concrete and the stuff on the outside.

The main amenities would extend from the 12th floor up to the roof of the parking garage. It includes an indoor space of almost 9,000 square feet over 2 floors and a rooftop swimming pool with shaded lounges and a summer kitchen.

The project is located one block east of the proposed Mariposa Grove 13-story mixed-use tower. This project sought low-income housing tax credits to make three-quarters of its apartments affordable for low- and very-low-income seniors. He was suspended amid a dispute with residents of the nearby Star Tower condominium.

Lexin has had a presence in Central Florida since 2004, when it purchased 21 mixed-use buildings in Celebration Town Center. More recently, the company acquired The Jamison apartments in Kissimmee and Nona Commons, a neighborhood center near Medical City.

Do you have any advice on developing Central Florida? contact me at [email protected] or (407) 420-6261, or tweet me at @byLauraKinsler. Follow GrowthSpotter on Facebook, Twitter and LinkedIn.

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