January 22, 2020 Comments Off on JV to Develop 384-Unit Orlando OZ Apartment Project Views: 936 Central Florida, Florida News

JV to Develop 384-Unit Orlando OZ Apartment Project

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A joint venture between Canyon Partners Real Estate and Fore Property has announced plans to develop 19 South, a 384-unit apartment community in Orlando.

The project, which is located within a qualified opportunity zone, is located between downtown Kissimmee, the Lake Nona Medical District, Walt Disney World Resort and Orlando International Airport. Canyon Partners invested $29.8 million of equity into the project, which is expected to be completed by May 2022.

“Rapid employment and population growth in the Orlando area are driving significant demand for accessible housing near transit and other convenient amenities,” said James Sullivan, managing partner at Fore. “We look forward to breaking ground on 19 South and providing a well-located, high-quality option to the area as it continues to undergo strong economic development.”

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