Maitland groves to give way to apartments


Maitland’s last evidence of orange groves is soon to become apartments and shops with the Related Group’s $10 million purchase of 20 acres on Maitland Boulevard.

Construction is expected to start this week clearing the lake-pocketed site for Town Trelago apartments. Work is expected to start on the 350-unit apartment community in the next three or four months and completion planned in about two years.

Residents surrounding Lake Hope had long opposed development of almost 100 acres on the north side of Maitland Boulevard, just east of Interstate 4. Zoning for the overall 96-acre site, known as Maitland Concourse North, was approved in 2016 by the city, according to the Land Advisors team representing the Related Group.

“We went to great lengths to work with residents and had a number of community meetings,” said Jeff Robbins, vice president of development for the Miami-based developer. “The beauty of this project is that the apartments are set off from Maitland Boulevard and front on three lakes.”

Robbins described the residential plans calling for 13 buildings two-story apartment buildings facing lakefront. Three-story apartment buildings are closer to a planned retail center with 130,000 square feet. Apartment amenities are expected to include a clubhouse, fitness center with steam room, and outdoor trails.

Maitland apartments get underway

Last month, the research group Ten-X reported construction of apartments in Metro Orlando was at a 10-year high, with enough demand for new units to fill new projects. Vacancies are expected to hold steady at 5.7 percent for the next three years, the research company reported. Ten-X also named Orlando as one of the country’s top markets for investors to purchase apartments. It projected Orlando rent increases of 20 percent, to an average $1,187, by 2019.

On the overall Trelago project, the dining and shopping part of the project is under contract with Pelloni Development, according to the Related Group. Future plans call for office space and a hotel.

Steve Flanagan and Mike Ripley, both of Land Advisors, brokered the sale of the property last week.

Got a news tip? mshanklin@orlandosentinel.com or 407-420-5538; Twitter, @maryshanklin

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