(Save the date: RealShareApartments comes to theWestin Bonaventure, Los Angeles, October24.)
ORLANDO—Downtown Orlando will soon see ground break on a $63million luxury high rise multifamily buildingdubbed SkyHouse Orlando. A joint venture between NovareGroup, Batson-Cook Development Companyand Palmetto Realty Advisors is building themultifamily project at Livingston Street andMagnolia Avenue.
“The market is there,” Jim Borders, presidentof Novare Group, tells GlobeSt.com. “There has been a dearth ofapartment development in Orlando over the pastthree years, and the market has some catching up to do with regardto supply.”
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