Construction Complete for Orlando Luxury Community
LeCesse Development Corp. broke ground on the 300-unit project in April 2018 using more than $40 million in financing.
LeCesse Development Corp. has completed construction on ECCO on Orange, a 300-unit luxury community in downtown Orlando, Fla. The developer broke ground on the project in April 2018, after securing a $40.2 million loan from Fifth Third Bank, according to Yardi Matrix data. The development team included Roger B. Kennedy Construction as contractor and 5G Studio Collaborative as architect.
Located at 3135 S. Orange Ave. in the SoDo District, ECCO on Orange encompasses two five-story and one four-story buildings developed on a 3.7-acre site. The unit mix features studio and one- to three-bedroom units ranging in size from 652 to 1,690 square feet. Amenities include a seven-story parking garage, a roof-top pool, fitness center, clubhouse and pet park, as well as electric car charging stations.
Situated within the Lucky’s Corner mixed-use development, the community is roughly 2 miles south of city center, in an area abounding in shops, restaurants and entertainment venues. The property is close to Interstate 4 and U.S. Route 441, with Orlando International Airport 10 miles southeast.
LeCesse Development, in partnership with MAS Development Group, recently started work on a transit-oriented mixed-use project in Elizabeth, N.J. To that respect, the joint venture secured a $55 million loan from Citizens Commercial Banking in November.