ORLANDO-Integra Land Co. of Lake Mary, FL intends to break ground on a $40-million apartment complex near SeaWorld Orlando in December.

The new 338-unit complex will be built at the southwest corner of Central Florida Parkway and Westwood Boulevard in southwest Orlando, according to the Orlando Business Journal.

“We did four properties in 2008-2009, and that's when the real estate market went south,” Integra President David McDaniel said. “Now is an excellent time to get back in, especially with all the employment coming into the area at hotels, Universal Orlando Resort, SeaWorld and even Disney, which isn't too far away.”

Construction on the project is expected to be finished by mid-2015. See story in the Orlando Business Journal.

NOT FOR REPRINT

© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.