Orlando New Construction & Proposed Multifamily Projects
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Orlando New Construction & Proposed Multifamily Projects 4Q19 ID PROPERTY UNITS 1 Springs at Hibiscus Crossing, The 288 4 Carlton of West Melbourne, The 382 9 Aqua, The 320 Total Lease Up 990 0.0417 in 37 Addison Pointe 370 41 Oasis at West Melbourne Luxury Apartment Homes, The 316 42 Olea at Viera 166 43 Highline 171 Total Under Construction 1,023 0.25 in 161 603 Brevard 100 162 Grand Oaks 100 163 Heritage Lakes of West Melbourne 275 164 Rockledge Flats Apartment Complex 246 165 Shell Harbor 130 166 Atrium, The 149 167 San Filippo 96 168 Space Coast Town Center 600 169 Space Coast Town Center Phase II 800 Total Planned 2,496 235 Suntree 100 236 Cricket Drive 264 Total Prospective 364 2 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Orlando New Construction & Proposed Multifamily Projects 4Q19 ID PROPERTY UNITS 226 Brownie Wise Mixed Use 1,700 227 Osceola Village Center 125 5 Hamilton at Lakeside, The 108 228 Parkway Crossings 384 10 Monterosso 216 229 Edgewater, The 5,000 21 San Mateo Crossing 352 Total Prospective 10,304 Total Lease Up 676 0.0417 in 24 Epoch Flora Ridge Phase I & II 448 26 Oasis at Moss Park Phase II, The 300 28 Vesta 315 Total Under Construction 1,063 0.25 in 105 Boggy Creek Crossing 306 106 Wetherbee Road 950 107 East Park Village Center 264 108 Education Village 400 109 Futura At Nona Cove 260 110 Narcoossee Cove 354 111 Weller Boulevard Multi Residential 300 137 Poinciana Estates C 100 139 Shingle Creek 212 141 Loop South 400 142 Magic Place 251 145 Mosaic @ Lake Toho 304 146 Weston 4 Hundred 203 147 1050 Narcoossee Road 122 148 Neo Square 292 149 NeoCity 100 150 Center Lake Ranch 800 Total Planned 5,618 201 Meadow Woods 68 Meadow Woods TOD Midtown 202 Village & Meadow Woods 730 Town Center 203 Meadow Woods TOD South Village 626 204 Meadow Woods TOD Wellness Village 144 205 7042 Lake Nona Blvd 450 222 2420 Old Vineland Road 225 223 Epoch Flora Ridge Phase III 292 224 Old Tampa Highway 510 225 Vineland Landings Phase II 50 1 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Orlando New Construction & Proposed Multifamily Projects 4Q19 ID PROPERTY UNITS 138 Sentosa Sinclair 348 140 Waterstar 320 2 Ascend Waterleigh 354 143 North Poinciana Blvd & Sunrise Blvd 296 6 Lake House by Alta 297 144 Red Lion 300 11 Astoria at Celebration 306 151 Hartzog & Avalon 202 12 Veere 250 152 Registry on Grass, The 360 16 Addison at Universal Boulevard, The 344 Total Planned 9,785 17 Kestra 280 Total Lease Up 1,831 185 Grand National 260 0.0417 in 186 International Drive 62 22 Flamingo Crossings East 1,323 187 International Drive & 23 Flamingo Crossings West 1,291 Wildwood Avenue 350 29 Alta Headwaters 328 197 Conroy Townhomes 52 31 Prime 340 198 Horizon West Town Center 2,300 35 Millennium at Citrus Ridge 326 199 Turkey Lake Road 424 45 Serenity at Flamingo Crossings 300 200 Interstate 4 Plaza 360 Total Under Construction 3,908 220 Golden Lagoon 100 0.25 in 221 North Old Lake Wilson Road & Western Beltway 400 72 Artegon 365 230 Serenade at Ovation 269 73 Lakehurst Drive 540 231 Withers PD 798 74 Republic Square 350 Total Prospective 5,375 75 Waterside 408 89 Addison at Cypress Sound 216 90 Avalon Road & Old YMCA Road 350 91 Azul Sand Lake Vista 264 92 Chapel Crossing 62 93 Horizon West 284 94 O-Town West & O-Town Village 800 96 Overture 180 97 Ruby Lake Road 400 98 Sentosa Sinclair 288 99 Vintage Horizon West 340 100 Westerly, The 352 101 Addison on Lake Bryan, The 266 102 Daryl Carter Pkwy & International Drive 481 103 2630 Amazonas Circle 386 104 Alta Headwaters Phase II 100 133 Daniel Wesbster Western Beltway & Sinclair Road 348 134 Delamarre 379 135 Fortune Star 500 136 Island Village 300 1 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Orlando New Construction & Proposed Multifamily Projects 4Q19 ID PROPERTY UNITS 44 Sandlake Palazzo 120 Total Under Construction 120 0.25 in 62 Addison at Gateway 323 63 Hoffner Avenue Multi Residential 348 64 Twelve Oaks 348 65 Sandlake Mirage 60 66 Sandlake Station 196 67 Millenia Park 960 68 East Side of Central Park 250 69 Park Central 215 70 Gardens on Millenia 350 71 Millenia Lakes 323 76 Millenium MetroWest 352 77 West Vue 442 Total Planned 4,167 183 7567 Narcoossee Road 324 184 BellaNova at JubiLee Park Phase II 392 Total Prospective 716 2000 ft Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Orlando New Construction & Proposed Multifamily Projects 4Q19 ID PROPERTY UNITS 3 Addison at Clermont, The 230 Total Lease Up 230 0.0417 in 39 Apopka City Center 82 Total Under Construction 82 0.25 in 46 Colonial Drive 242 78 Lake Betty 336 79 Cinderlane Apartments 52 83 Greens at Forest Lake, The 198 84 Marden Ridge Phase II 228 85 Monarchs At Lake Pleasant 126 86 Ocoee Village Center 316 87 Alta Winter Garden 250 88 Longleaf at Oakland 364 95 Olympus 100 153 Hancock 306 154 Hills of Minneola 297 155 Minneola Hills 297 156 Neo at Four Corners 350 Total Planned 3,462 190 Fifty West 275 191 Inspiration 90 192 Alta East Shore 285 193 Avian Pointe 750 194 West 429 1,000 195 Lakeland Plaza 70 196 Oakland Hills 100 232 Hancock Commons 281 233 Vue at Clermont, The 100 234 Wellness Way PUD 1,850 Total Prospective 4,801 1 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Orlando New Construction & Proposed Multifamily Projects 4Q19 ID PROPERTY UNITS 20 Parramore Oaks 120 Total Lease Up 120 0.0417 in 25 Camden Lake Eola 360 32 Radius 389 38 Creative Village - Parcel M 409 Total Under Construction 1,158 0.25 in 47 319 N. Magnolia Ave 232 48 500 North Orange Avenue 350 49 Altis Lake Willis 567 50 Orange & Robinson 368 51 X Orlando 290 52 X Orlando Phase II 285 53 X Orlando Phase III 292 54 Zoi House Orlando 300 81 Modera Creative Village 292 82 Orlando Magic Complex 300 170 DXV Central 189 Total Planned 3,465 172 401 South Rosalind Avenue 318 174 City Centre 215 175 Novel Lucerne Phase II 300 176 Orange Avenue 184 177 Orlando Central 450 178 Tribune 318 179 Tribune II 428 188 Green District, The 464 237 Orange Center Blvd 58 Total Prospective 2,735 1000 ft Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Orlando New Construction & Proposed Multifamily Projects 4Q19 ID PROPERTY UNITS 180 Alta at Health Village 285 7 Oasis at Crosstown, The 343 181 Urbon Apartments Homes Phase II 493 8 Alexan Winter Park 310 182 Epoch Aloma 241 13 Yard at Ivanhoe, The 591 189 Maitland West Phase II 285 14 Bainbridge at Lake Shadow 300 206 River Cross Land 500 18 Urbon Apartment Homes 361 207 Waterford Lakes 265 Total Lease Up 1,905 208 Cottages at Alafaya 151 209 Paseo at Collegiate Village, The 350 0.0417 in 210 Seminole Avenue 50 27 Alta Longwood 263 211 Cranes Roost Boulevard & 330 30 River Run at Valencia 176 Shorecrest Drive 33 Sanctuary, The 250 Total Prospective 3,150 40 Lake House 252 Total Under Construction 941 0.25 in 55 Baldwin House 122 56 Orlando Fashion Square 100 57 Alexan North End Phase II 222 58 Gem Lake Redevelopment 100 59 Ranch Mall Redevelopment 100 60 Colonial Drive 280 61 Balsam & Dogwood 86 80 Cannery at The Packing District 307 112 EDEN Stoneybrook 250 113 Innovation Pointe 350 114 Reserve at Avalon, The 1,750 116 2649 Stanmore Court 350 117 3210 Rouse Rd 130 118 Orlando 230 119 Dwell at Oviedo 296 120 Noma Planned Development 294 121 Grandeville at Weststate 294 122 Dog Track Road 340 123 Oxford Place 210 124 General Hutchison Multi-Family 50 125 John L. Mica Way & Palmetto Avenue 52 126 Kiwi Apartments 75 171 Alafaya Trail & Beasley Road 99 Total Planned 6,087 173 845 North Magnolia Avenue 200 1 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Orlando New Construction & Proposed Multifamily Projects 4Q19 ID PROPERTY UNITS 15 Lake Monroe 280 Total Lease Up 280 0.0417 in 34 Parkview at Lake Mary 300 36 Allure on the Parkway 290 Total Under Construction 590 0.25 in 127 Fountain Parke 115 128 Broadstone Forest 260 129 Heritage Park 235 130 Integra Crossings 352 131 St. Josephs Court Townhouses 100 132 View @ Lake Monroe, The 300 Total Planned 1,362 212 Preserve, The 240 213 Reagan Center 827 214 First Street Station 292 215 Norton Commons 68 216 Parkside Place 100 217 First Street & Riverview Avenue 160 218 Monroe Place 102 219 West 1st Street & Rinehart Road 100 Total Prospective 1,889 2000 ft Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Orlando New Construction & Proposed Multifamily Projects 4Q19 ID PROPERTY UNITS 19 Dream Space Coast 79 Total Lease Up 79 0.25 in 115 Sunbridge 1,650 157 Atwater Phase II 208 158 Indian Springs 100 159 Spring Lake Road 110 160 Venetian Isles 100 Total Planned 2,168 5 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Orlando New Construction and Proposed Multifamily Projects PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP 1 Springs at Hibiscus Crossing, The Dairy Road & West Hibiscus Blvd Melbourne FL 32904 Lease-Up 288 Melbourne 05/31/2019 12/31/2020 11/25/2019 2 Ascend Waterleigh 10091 Tuller Loop Winter Garden FL 34787 Lease-Up 354 Lake Buena Vista 01/04/2019 08/31/2020 08/01/2019 3 Addison at Clermont, The 1700 Hooks Street Clermont FL 34711 Lease-Up 230 Clermont 01/21/2019 08/31/2020 08/01/2019 4 Carlton of West Melbourne, The 4152 Merrillville Drive West Melbourne FL 32904 Lease-Up 382 Palm Bay 04/01/2019 05/31/2020 10/21/2019 5 Hamilton at Lakeside, The 2250 Blue Hesper Drive Kissimmee FL 34741 Lease-Up 108 East Kissimmee 01/15/2019 04/30/2020 12/28/2019 6 Lake House by Alta 7600 Majorca Place Orlando FL 32819 Lease-Up 297 Lake Buena Vista 08/20/2018 04/30/2020 09/18/2019 7 Oasis at Crosstown, The 200 South Goldenrod Road Orlando FL 32807 Lease-Up 343 Union Park 06/14/2018 04/30/2020 05/06/2019 8 Alexan Winter Park 1874 Harmon Avenue Winter Park FL 32789 Lease-Up 310 Winter Park/Maitland 12/03/2018 03/31/2020 12/01/2019 9 Aqua, The 2133 Robert J.