Exterior work is nearing the finish line on Innovation Tower, a 12-story state-of-the-art medical office building at 225 East Rollins Street in North Orange, Orlando. Designed by HuntonBrady Architects and developed by Peachtree Corners, Georgia-based Meadows & Ohly, the 149-foot-tall structure will yield 326,000 square feet of space housing a mix of medical offices, research and testing centers, healthcare centers and hospital uses. The project is part of AdventHealth’s 172-acre Health Village community just minutes north of Downtown Orlando that comprises apartments, a hotel, additional hospital beds, medical office spaces, general office space and retail shops. Batson-Cook Construction is the general contractor.
Right now, the City of Lakeland is reviewing plans for Ovation at Lake Hunter, a $9.1 million multi-family complex in Lakeland, Florida. The residential venture will comprise two three-story buildings, featuring just 24 units. Conceptual renderings suggest open-air courtyards, walking trails, surface parking, and a manmade lake with a fountain.
Plans are underway for the Shoppes at Westlake. It’s one of the first retail centers in the area, intended to serve Westlake’s growing population. Plans call for close to 20,000 square feet of new construction, spread across multiple low-rise commercial buildings.
Carpe Real Estate Partners, a vertically integrated real estate private equity and development company, founded by Erik Rutter and David Weitz in 2018, announced a rebrand to Oak Row Equities. The name change comes as the company continues to mature from its launch in 2018 with one property under management to now over three million square feet under development and one billion dollars of assets under management. In addition to the rebrand, Oak Row Equities announced that it has closed on the acquisition of a 2.1-acre site on one of the last remaining undeveloped city blocks in the urban core. The firm acquired 2600 Biscayne Boulevard in Miami’s popular Edgewater neighborhood for $35 million to develop a mixed-use project designed by architecture firm Arquitectonica. Oak Row Equities is one of Miami’s fastest-growing real estate development firms with active projects in Wynwood, North Miami Beach, Edgewater, and the Design District.
Riverside6 has one goal: to offer “truly affordable” housing for those living in Bradenton, Florida. The five-story complex will offer 80 units, comprising one-bedroom to three-bedroom apartments.