A planned $36 million apartment complex near Lake Nona has been handed off from one local developer to another.
Altamonte Springs-based ContraVest Development Partners LLC — which last year had planned to build the 300-unit Addison at Lake Nona on the southwest corner of Dowden and Narcoossee roads — has given up the project to Winter Park-based Epoch Properties Inc.
The project would bring more rental units to the southeast Orlando submarket, where the 7,000-acre Lake Nona master-planned community is seeing a boom in residential demand, thanks to the growing Medical City biosciences hub.
It also would create an estimated 300-plus temporary construction jobs. MORE