The city has approved the development of 1.5 million sf ofoffice, 450,000 sf of retail and an undetermined amount of othercommercial space along State Road 434 and Maitland Boulevard, themain artery in this suburb, seven miles north of Downtown Orlando.In buying the land for $2.58 per sf, Crescent beat out a half dozenother rivals, city planning department staffers confirm forGlobeSt.com.
The project is tentatively named Gateway Center and could alsoinclude a hotel and limited residential development, according tothe city's Community Redevelopment Agency. A groundbreaking datehasn't been set.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
