11803 E Colonial Dr
Orlando, FL

Status: Sold

Units: 296
Year Built: 2014 (In Development)
Joint Venture Operating Partner: Catalyst Development Partners

A planned, 296 unit, Class A multifamily apartment development project in northeast Orlando, this development is to be a featured component of Town Park, a master-planned, Publix-anchored retail development near the University of Central Florida. On completion in 2015, this project will offer approximately 265,000 square feet of luxury residential living space and related amenities, with an average unit size of 896 square feet. Located within a mile of the University of Central Florida Research Park, which houses approximately 120 companies and 10,000 employees, the development will provide a vibrant, high-end alternative to competing, commodity garden-style product in the area. With a lively “e-urban” design as well as amenities, common areas and interior finishes that are superior for the market, the project will be well positioned to appeal to the area’s youthful and upwardly mobile workforce.

Features, Highlights and Amenities

The community is located on 12.65 acres and, when complete, will feature a mix of upscale studio, one and two bedroom units as well as a resort-style swimming pool, state-of-the-art fitness center and computer lounge. Units will feature above-market interior finishes, Energy Star appliances and custom cabinetry. The development is designed for vibrant communal living with slightly higher density, but will offer much-coveted surface parking. The project, part of a larger master plan, will be adjacent to retail shopping.