Avalon Park Plans $15M Assisted Living Facility

ORLANDO-The traditional neighborhood design (TND) in East Orlando is laid out like a traditional small town with homes and stores together.

By Hortense Leon | Updated on June 02, 2010

ORLANDO-The Avalon Park Group recently received preliminary approval from the US Department of Housing and Urban Development of an application for financing of an 80,000-square foot, $15 Million, assisted-living and “memory care” facility near downtown Avalon Park in east Orlando.

The Avalon Park Group hopes to get a loan guaranteed by HUD, and is working with lender Lancaster-Pollard, based in Atlanta, in order to do this. If it can get the loan through HUD, says Ross Halle, town planner at the Avalon Park Group, there will no personal guarantees needed.

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