Altamonte Springs-based Roger B. Kennedy Construction says it has broken ground for two upscale apartment communities in Seminole County totaling $41.9 million.
Included are: The Alexander at Sabal Point, in Longwood, under a $28.4 million contract with Winter Park-based Alexander Investments International led by principal Kyle Riva; and The Residences at Seminole Commons, in Sanford, under a $13.5 million contract with Inland Atlantic Development Corp., Atlanta.
The Alexander, designed by Charlan Brock & Associates, Maitland, will be a three-story, 286-unit community located at 2662 Sabal Palm Way when completed in early 2018. The Residences, designed by ORA Architects, Raleigh, NC, and located at 1810 Rinehart Rd., will offer four stories and 175 units when completed in August 2017.
Image: Rendering of The Alexander at Sabal Point, courtesy of Charlan Brock & Associates
The University of Central Florida (UCF) has approved a memorandum of understanding between UCF, developer Ustler Development Inc. and KUD International Inc. to move forward with a $90 million project to include housing, education and retail space.
The project will go before the UCF Board of Trustees meeting on Sept. 15 and is expected to receive a green light.
SchenkelShultz Architecture, Robert A.M. Stern Architects and Skanska USA Building Inc. — a team known as SSA/RAMSA/Skanska — are the designers and builders of the campus’ first $60 million academic building.
The MOU will identify the basic parameters of the parties’ responsibilities and commitments (which will ultimately be clarified and incorporated in a development agreement) and describe a mutually agreed upon process by which the parties will acquire information and arrive at agreements in furtherance of the development of the student housing/academic center project at the new campus.
A portion of this new facility will be leased and built out by Valencia to house academic programs and related uses, and parts of which will be made available to Valencia students, through the UCF, for housing, parking, and student support purposes.
If approved, Ustler Development and KUD International can move forward with naming the project’s architect and contractor team, which then will pave way for local subcontractors to bid on being part of the development. “More details will become available after it’s approved, like timeline, project team and who to contact,” Ustler told Orlando Business Journal.
The project includes a 14 to 15-storey complex with 600-700 beds in apartment and dormitory style units ranging from two to four bedrooms; 40,000-50,000 sq. ft. designated for student support services and related uses; and an attached 600-space parking garage with ground-floor retail space for third-party tenants. Amenity and recreation spaces also will be included. It will be built on the northwest corner of Livingston St. and Terry Ave.
This development will be built alongside the new 15-acre downtown campus which will provide space for about 7,700 students. The campus is expected to create a $205 million annual economic impact and 2,000 new direct and indirect jobs.
Meanwhile, UCF says the campus project will take an extra year to complete.
“This really was the first chance for us to do a detailed analysis of the schedule,” UCF Downtown vice-provost Thad Seymour said to the Orlando Business Journal. “The 2018 date was put out early in the process that went through its ups and downs. As we engaged the architects and contractors, they dug into what needed to be done and how long it really was going to take. We didn’t want to build a schedule that was extremely tight, and we didn’t want to open in the middle of an academic year.”
Image: Rendering of new UCF downtown Orlando campus (from UCF)
The new facility will be located in Hialeah Gardens on approximately 30 acres of land. Upon project completion, tenants will move into this strategically located speculative facility that can be easily accessed via US 27, Florida’s Turnpike, SR 826 and I-75.
Tenants will also benefit from the convenience and proximity of nearby sea and airports. Once PREMIER has completed construction, a local labor pool can be drawn from Hialeah Gardens and surrounding South Florida towns.
The state-of-the-art warehouses will feature Class A flexible warehouse configurations of up to 420,373 sq. ft. and leasing sizes from 20,770 sq. ft. One warehouse will provide 209,034 sq. ft. of rental space while the other will feature 211,339 sq. ft.
Building envelope materials will consist of concrete tilt-up wall panels, steel roof structures and glazing in anodized aluminum frames, and will feature a 45 mil, mechanically fastened, TPO roofing system. Storm water will be carried out via an onsite storm system and exfiltration trenches.
Each warehouse will feature 32 ft. clear-height warehouse spaces, approximately 75 truck dock positions, two drive-in doors, an ESFR fire protection sprinkler system and 1600 amp, 277/480 volt, 3-phase, 4 wire electrical service. A new parking lot with 449 stalls will be installed to accommodate both buildings.
Project completion is expected in the fourth quarter of 2016. Kirk Conners of PREMIER is the senior project manager overseeing construction and Ed Lebak is the superintendent. Bridge Development Partners is the developer. Wayne Ramoski and Gian Rodriguez of Cushman & Wakefield are representing tenants.
PREMIER has recently completed construction of Crossroads West and will also construct Crossroads South, which will mark the completion of the new and modern industrial park complex.