Downtown Orlando

$155 Million Refinancing Secured for Society Orlando at 434 N. Orange Avenue in Downtown Orlando

8:00 am on September 14, 2024 By Oscar Nunez

Property Markets Group (PMG), alongside Raven Capital Management LLC and its operating partner, RCM Living Holdings LLC, has completed a $155 million refinancing for Society Orlando, a 27-story multifamily mixed-use development at 434 North Orange Avenue. Since its completion, the development has rapidly filled its units, with the first residents moving in March.

FAA Permits Filed for JW Marriott-Branded Tower at 319 E. Church Street in Downtown Orlando

8:00 am on September 2, 2024 By Oscar Nunez

The Federal Aviation Administration (FAA) has received permit applications for a new 33-story skyscraper that will add a JW Marriott-branded tower to downtown Orlando’s skyline. Designed by DLR Group and developed by Summa Development Group, the mixed-use tower is planned to rise 328 feet above ground, or 423 feet above mean sea level, factoring in the site’s elevation of 95 feet. Construction on the tower is anticipated to begin later this year or early next year at 319 East Church Street, in the heart of Orlando’s downtown district. The permits were filed on June 28 and are currently under review.

Shoma Group Announces 16-Story Mixed-Use Tower At 550 Mariposa Street In Downtown Orlando

8:00 am on September 27, 2023 By Oscar Nunez

Miami’s Shoma Group is gearing up for its upcoming project, 550 Shoma, a 1.146-acre mixed-use development set to rise in the heart of Orlando, Florida. Situated at 550 Mariposa Street in the downtown area, the development will feature 223 expansive one-, two-, and three-bedroom rental apartments ranging from 756 to 1,472 square feet and adaptable live/work units spanning approximately 1,229 square feet. The esteemed architectural firm Baker Barrios has been entrusted with the design, ensuring a seamless integration of modern aesthetics and contemporary living spaces in this future 16-story tower, accompanied by a spacious parking garage for 425 vehicles. It promises to offer diverse living options and approximately 17,160 square feet of retail space, including a Shoma Bazaar, a culinary and beverage destination.

Orlando’s 8.4-Acre Sports and Entertainment District Set To Break Ground Soon

8:00 am on May 27, 2023 By Oscar Nunez

An ambitious new addition to Orlando’s downtown skyline is primed for construction. The Sports and Entertainment District (S+ED), a project conceived by the Orlando Magic and brought to life by architect Baker Barrios, is teetering on the cusp of inception, marking a significant milestone in a development journey that started in 2011.

Exterior Work On Society Orlando Phase One Approaches The Final Stages In Downtown Orlando

8:00 am on April 22, 2023 By Oscar Nunez

Exterior work is approaching the final stages on the first phase of Society Orlando, a two-towered, 1.5-million-square-foot mixed-use development located at 434 North Orange Avenue in Downtown Orlando. Designed by Baker Barrios and developed by a joint venture partnership between Property Markets Group and Raven & Company, the complex will yield 704 rental apartments paired with over 100,000 square feet of amenities, 33,000 square feet of retail space and nearly 900 parking spaces within a 5-story podium. The first phase of the development will offer 484 residential units spread throughout a 28-story structure topped out at 350 feet, making it the 9th tallest building in Orlando. John Moriarty & Associates is the project’s general contractor, located on the northwest corner of the cross between North Orange Avenue and West Livingston Street.

FAA Permits Being Reviewed For Mill Creek’s 25-Story ‘Modera South Eola’ In Orlando

8:00 am on January 2, 2023 By Oscar Nunez

The Federal Aviation Administration is currently reviewing building permit applications for Modera South Eola, a 25-story residential building proposed for 270 East Pine Street as a part of The Commons master-planned mixed-use development in Downtown Orlando’s Central Business District. Designed by Bethesda, Maryland-based SK+I Architecture and developed by an entity linked to Orlando-based Mill Creek Residential (Mill Creek), the L-shaped residential tower would comprise 400 multifamily rental units with related amenities, 8,238 square feet of retail space, and an 8-level parking garage with space for 400 vehicles. The Commons is a joint venture partnership between Mill Creek and an entity linked to Charlotte, North Carolina-based Highwoods Properties, Inc. (Highwoods), which is developing the commercial portion of the master plan – a 3-story structure with 100,000 square feet of Class A office space at 115, 155, 191 South Rosalind Avenue.

Society Orlando Phase 1 Tops Out At 434 North Orange Avenue In Downtown Orlando

8:00 am on August 25, 2022 By Oscar Nunez

Construction has topped out on Phase 1 of Society Orlando, a two-tower mixed-use development of 28 and 16 stories under construction at 434 North Orange Avenue in Downtown Orlando’s Central Business District. Designed by Orlando-based Baker Barrios and developed by Property Markets Group and Raven Capital Management, the approximately 350-foot-tall first phase will yield 484 residential units atop a massive podium with 33,000 square feet of ground floor commercial space and parking spaces. John Moriarty & Associates is the general contractor with Baker Concrete Construction managing concrete construction for the project, which is located on the northwest corner of the intersection between North Orange Avenue and West Livingston Street.

New Renderings Showcase Conceptual Design For Acram Group’s Magnolia Tower In Downtown Orlando

8:00 am on August 8, 2022 By Oscar Nunez

New renderings have been unveiled for Magnolia Tower, a 20-story mixed-use highrise proposed for 924 North Magnolia Avenue in the North Quarter District of Downtown Orlando. Designed by Baker Barrios and developed by New York-based Acram Group, formerly JMC Holdings LLC, the project is planned to yield 386 residential units and nearly 35,000 square feet of retail and commercial space within a 220-foot-tall superstructure of three interconnected towers and The development would rise from a 1.67-acre site bound by Weber Street on the north and Pasadena Place on the south. The property is currently home to two office buildings and a surface level parking lot, which would be razed as part of the redevelopment. The project is estimated to cost $96.5 million.

FAA Permits Filed For 454-Foot-Tall Skyscraper At 1000 N. Orange Avenue In Orlando

8:00 am on April 2, 2022 By Oscar Nunez

An obstruction evaluation study is currently underway at the Federal Aviation Administration (FAA) for a 454-foot-tall skyscraper at 1000 North Orange Avenue in the northern section of Downtown Orlando’s Central Business District. The four coordinates submitted to the FAA align with a vacant 1.474-acre site that sits on the southwest frontage of the intersection between North Orange Avenue and North Garland Avenue, also bound by West Marks Street and SunRail tracks on the south end of the block. According to the Orange County property records, the land is owned by a Hallandale Beach-based entity registered as Mustang Orange Garland LLC (Mustang) managed by Aaron Churba and Mike Daiagi. The entity, which is linked to a number of other financial and investment entities using the Mustang moniker, has owned the property since January 2005 after purchasing it from Orange Garland Realty Ent LLC for a $3,000,000.

Phase One Of PMG’s Society Orlando Nears Topping Out At 434 North Orange Avenue

8:00 am on March 19, 2022 By Oscar Nunez

Construction is nearing the final floors on phase one of Society Orlando, a two-towered mixed-use development of 26 and 16 stories at 434 North Orange Avenue in the Central Business District of Downtown Orlando. The project is designed by Orlando’s very own Baker Barrios and is being developed by national real estate developer Property Markets Group (PMG) alongside New York City-based investment firm Raven Capital Management. John Moriarty & Associates is managing the development’s construction, which will ultimately yield 707 residential units between both towers and 36,000 square feet of ground floor commercial space. The first phase of construction is comprised of the taller, approximately 350-foot-tall tower rising along West Livingston Street with 462 units.

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