Maitland City Centre One Step Closer to Groundbreaking
- Nov 04, 2015
Developers The Allen Morris Company, Lamm & Company Partners, and Millenia Partners have purchased a 3.2-acre parcel in the Maitland suburb for $4.2 million. The partnership acquired the site from Iberia Bank through its affiliate, Maitland City Center LLC.
Located at 111 S. Orlando Ave., the lot will be home to Maitland City Centre, a $67 million mixed-use development. Designed by ACi of Winter Park, the six-story building will include 220 one- and two-bedroom rental apartments, as well as 24 live/work units that combine a one-bedroom unit with additional office space. The residences—which range from 700 to 1,300 square feet in size—will be equipped with gourmet kitchens, granite countertops, stainless steel appliances and landscaped terraces. Amenities will include a rooftop pool with a sundeck and cabanas; an expansive fitness facility with yoga, Pilates and spinning areas; a 24-hour business center, high speed public Wi-Fi and several conference rooms.
The project will also feature 32,500 square feet of commercial space for restaurants and retailers, including Subway, Jeremiah’s Italian Ice and a coffee shop.
The general contractor is Walker Lamm Joint Venture LLC, a partnership between Lamm & Company Partners and Walker & Company Inc. Maitland City Centre is scheduled to break ground this fall and be ready for occupancy in 2017. Monthly rents for the new apartments are expected to range from $1,300 to $2,400.
Rendering courtesy of The Allen Morris Company