The Allen Morris Company, one of the largest diversified real estate firms in the Southeast, and Xenel International U.S.A. (XIUSA), a diversified company and long-term landowner based in California, announce Residences at Xentury City, a $75 million multifamily development located in Osceola County. Designed by award-winning architecture firm Dwell Design Studio with Shim Studios as the interior designer, the project is comprised 293,000 square feet of new construction across five 4-story garden-style buildings which would yield 311 residential units, a leasing center and world-amenities.
Residences at Xentury City. Designed by Dwell Design Studio.
The project site is located adjacent to the 1,700-room Gaylord Palms Resort and Convention Center which sits along West Osceola Parkway intersecting with International Drive and operates as a lessee/tenant within the Xentury City property. XIUSA owns swaths of land spanning well over 200-acres surrounding the Gaylord location. Xentury City is close to all the theme parks including Disney World and Universal Studios and has developed a major transportation network to access the site. The site is also 30 minutes from Downtown Orlando and 20 minutes from Orlando International Airport.
Aerial Pap. Photo courtesy of Xentury City.
Parcel Map. Photo courtesy of Xentury City.
“The Osceola corridor has seen some of the largest net in migration in the nation generating demand for quality housing,” said Spencer Morris, Chief Investment Officer of the Allen Morris Company. “The Residences at Xentury City are the first phase of a larger mixed-use vision that
will transform this area within Osceola County into a dynamic live, work, play neighborhood with first-class dining, entertainment and residential offerings.
The Allen Morris Company has been operating for 63 years now as one of the largest real estate firms in the Southeast U.S., specializing in the development of office buildings, multi-family residential, hotels, and mixed-use buildings, leasing and brokerage services, and property management with offices in Miami, Coral Gables, Fort Lauderdale, Orlando, and Atlanta.
Xenel International U.S.A. is a holding company headquartered in Westlake Village, California, founded in 1979 for the purpose of developing and leading numerous business ventures. The team has taken companies through all phases of development from conception to maturity in a variety of industries
Groundbreaking for the project is scheduled for Q1 2022 and is slated for completion in Q2 2023.
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