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Plans take shape for mixed-use project with more than 500 apartments in Altamonte Spring
Summary
UP Development has submitted plans to Altamonte Springs, Florida, for a mixed-use project that would include 541 apartment units, 12,000 square feet of office space, 10,000 square feet of retail space, and 2,600 square feet of restaurant space. The 39.44-acre property is located near a cluster of single-family homes, an apartment complex, and a condominium complex. UP Development purchased the property in 2013, and has since brought on Fieldgate Construction Management as a partner. The project emphasizes walkability with extra wide sidewalks, crosswalks, and a pedestrian gathering plaza. The site was once home to a cannery factory and a golf course, and city leaders are looking forward to the new development. UP Development has had a number of successful projects in the area, including Winter Park Square, a shopping plaza with tenants such as Whole Foods, Nordstrom Rack, and Sephora.
Q&As
What is the proposed mixed-use project in Altamonte Springs?
The proposed mixed-use project in Altamonte Springs is a 541-unit apartment complex, 12,000 square feet of office space, 10,000 square feet of retail space, and 2,600 square feet of restaurant space.
Who is the lead developer on the project?
Fieldgate is the lead developer on the project.
How much land will be developed?
39.44 acres of land will be developed.
What will the project include?
The project will include 541 apartment units, 12,000 square feet of office space, 10,000 square feet of retail space, and 2,600 square feet of restaurant space.
What was previously on the site before its redevelopment?
A cannery factory and a nine-hole golf course were previously on the site before its redevelopment.
AI Comments
👍 It's great to see how UP Development has been working to redevelop the long-closed golf course property for this mixed-use project in Altamonte Spring. The project will provide much-needed housing in the area and create jobs and opportunities for local businesses.
👎 The construction of this mixed-use project will cause traffic congestion on S.R. 434 due to the addition of the big box retailers and apartment complex.
AI Discussion
Me: It's about a mixed-use project with more than 500 apartments going up in Altamonte Spring. The plans include office space, retail and restaurant space. It looks like the property has been vacant for a while, so it's exciting to see it finally being developed.
Friend: Wow, that's great news! What do you think the implications of this project will be?
Me: Well, I think it could bring a lot of jobs and economic growth to the area. It could also increase the amount of housing available, which could help lower the cost of housing in the area. Additionally, the project could also lead to an increase in tourism and more businesses locating to the area.
Action items
- Research the development companies involved in the project (UP Development and Fieldgate) to learn more about their past projects and successes.
- Reach out to the Altamonte Springs City Manager to learn more about the project and the city's plans for the area.
- Follow the project's progress by subscribing to local news outlets and staying up to date on the latest developments.
Technical terms
- Mixed-use project
- A development that combines residential, commercial, and/or industrial uses.
- Apartment units
- A unit in a multi-unit residential building, typically consisting of one or more rooms.
- Office space
- A space used for business activities, such as meetings, conferences, and other administrative tasks.
- Retail space
- A space used for the sale of goods and services to the public.
- Restaurant space
- A space used for the preparation and sale of food and beverages.
- West Town Parkway Activity Center
- A designated area for commercial and residential development in Altamonte Springs.
- Single-family homes
- A detached dwelling that is occupied by one family.
- Preliminary application
- An initial request for approval of a project.
- Highest and best use
- The most profitable use of a property.
- Cannery factory
- A facility used for the processing and packaging of food products.
- Gated community
- A residential area with restricted access.
- Clubhouse
- A building used for recreational activities.
- Pool deck
- An area surrounding a swimming pool.
- Walkability
- The ability to walk from one place to another.
- Crosswalks
- A designated area for pedestrians to cross a street.
- Pedestrian gathering plaza
- An area designed for pedestrians to gather and socialize.
- Uninterrupted sidewalk system
- A continuous network of sidewalks.
- Leasing center
- A facility used to lease or rent property.
- Focal point
- A central point of interest.