Prime Downtown Orlando Redevelopment Opportunity
Redevelopment
Foundry Commercial is pleased to offer this premier redevelopment opportunity in the heart of downtown Orlando, FL. Across the street from the Dr. Phillips Center for the Performing Arts and one block from the CNL Towers and City Hall, this site is located at a central point in the growing Orlando market. Great access to the site is available through I-4 and FL-408, both a few blocks away. Other nearby amenities include Lake Eola (5 minutes away), The Amway Center (4 minutes away), Exploria Stadium (6 minutes away), and Orlando Health Arnold Palmer Hospital (7 minutes away).
Located within the Downtown Orlando Activity Center Future Land Use, the current zoning is governed by PD ordinance No. 2011-20 allowing religious, institutional and childcare uses, as well as uses permitted under AC-3A/T zoning. The current PD designated the property for future development of up to 190 dwelling units or 165,528 building square footage.
Redevelopment of the property could be achieved through an amendment of the current PD or application to the City of Orlando zoning department for AC-3A/T, the common zoning surrounding the property. AC-3/T allows for up to 200 dwelling units per acre or 4.0 nonresidential floor are ratio, before any density bonuses that may be available. No on-site parking requirements.
For more information, please fill out the form at the following link: https://app.smartsheet.com/b/form/61e682200c7142cd9354c6662ae0f092
Principal, Managing Director, Designated Managing Broker-Illinois, Mission Property Group
Redevelopment
29,000 ± SF on 0.95 ± AC
42 East Jackson Street, Orlando, FL, USA