The $18.85 million, 80,000-sf SunTrust Plaza office/retail complex on fashionable Park Avenue in Winter Park has been named the best of its size in the United States by the Precast/Prestsressed Concrete Institute.

The solid recognition prompted St. Joe Commercial vice president Frank W. Herring to explain the strategy behind the commendation.

“We changed an exterior shell that was largely cosmetic into load-bearing structural walls with window spaces, and offset facades that are visually appealing from the outside,” says Herring. “That was a major concern for all of us, especially Rollins College” which owns the building’s land.

The one-year-old asset offers an 849-space parking garage “that looks more like a row of elegant townhomes and more in keeping with the chic Park Avenue environment,” Herring says.

Besides St. Joe Commercial, the development team includes Finfrock Industries of Orlando, the structural consultant and RTKL, the architect. The rent range is $29 psf to $32 psf. Office space is 51,996 sf; retail, 26,708 sf.

“What turned the award judges on was the way the project design fit into the neighborhood and the way the project design and development team were able to think quickly on their feet,” notes Herring.

Winter Park is eight miles north of Downtown Orlando.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.