Aventon Breaks Ground on 5th Orlando Community
The 346-unit luxury development will open for leasing next fall.
Aventon Cos. has broken ground on its fifth Orlando, Fla., multifamily project, the 346-unit Aventon Lake Conway. The luxury community is expected to open for leasing next fall.
Partners on the development include architecture firm Cormia Design Group and interior designer Beasley & Henley, together with Innovations Design Group which handled landscaping.
Upon completion, the community will comprise one-, two- and three-bedroom floorplans, ranging from 751 to 1,483 square feet. Common-area amenities are expected to encompass a clubhouse with remote working lounge, game room, fitness center and pet spa. Additionally, the property will have a swimming pool.
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Rising on 23 acres at 4801 Hoffner Ave., the community will be some 2 miles from the Orlando International Airport and less than 10 miles from downtown Orlando. The site is also close to a host of dining and retail options, including the Lee Vista Promenade shopping center.
Orlando’s growing multifamily inventory
Orlando’s multifamily construction pipeline as of May totaled almost 31,700 units across 124 developments, according to Yardi Matrix information. Additionally, the metro has another 527 planned and prospective projects which are expected to add about 134,400 apartments to supply.
Earlier this month, a joint venture between Royal Palm Cos. and Mattoni Group broke ground on Tuscany Village, a 420-unit community in Sanford, Fla. The project is expected to come online in the second quarter of 2026.
Meanwhile, Kimaya Real Estate completed Aston Square Apartments, a 287-unit luxury community in Kissimmee, Fla. The company financed the project’s construction with a $51.5 million loan originated by Ameris Bank.
