Unicorp National Developments, Inc. is moving forward with the construction of Elysian, a new 323-unit luxury apartment community in Winter Garden, Florida. Backed by a $73 million construction loan from Centennial Bank, the project marks Unicorp’s return to large-scale multifamily development and is aimed at addressing growing rental demand in one of Central Florida’s fastest-growing submarkets.

The installation of a construction crane at the future site of Havana Enclave signals that the project is close to breaking ground. The attainable housing development, led by Astor Cos., is set to measure eight stories above grade and feature 179 apartments.

Construction continues to progress at Alba Palm Beach, a 22-story condominium development at 4714 North Flagler Drive in the Northwood neighborhood of West Palm Beach. Designed by Spina O’Rourke + Partners, the project is being developed by BGI Companies, led by principal Kenneth Baboun, in partnership with Blue Road. Moss & Associates is serving as the construction management firm. Completion is expected in early 2026.

Construction has started on Palm Lake Urban Sanctuary, a venture led by Newstar Development, Palm Lake Christian Church, and the Pinellas County Housing Authority. The affordable housing project is set to host 86 units in four stories.