Lake Nona area: $36 million apartment complex change developer

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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

 

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Lake Nona Journal lakenonajournal@yahoo.com 571-217-0099

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