The Allen Morris Company Breaks Ground On $68 Million Mixed-Use Project

Jun 20, 2016 No Comments by

The Allen Morris Company has broken ground on Maitland City Centre, the first true urban, live/work community and destination in the Orlando suburb of Maitland,.

When complete, Maitland City Centre will offer approximately 35,000 square feet of prime rentable retail and restaurant space within a six-story building that encompasses a three-acre full city block with bustling sidewalks, trendy dining venues, high-end retail establishments and everyday conveniences making the project not only a lifestyle, but also a destination.

The groundbreaking ceremony marked the start of construction on the US$68 million mixed-use project, a joint venture between The Allen Morris Company, Lamm & Company Partners and Millenia Partners, financed by SunTrust and TD Bank.

The company also announced the retail tenants that have so far committed to join Maitland City Centre, securing more than 50 percent of its retail, when completed in approximately 20 months. They include Starbucks, Subway, Renaissance Med Spa (which will offer a complete menu of pampering spa services), as well as Nava Pets. The development team is also excited to announce commitments from Chef Clayton Miller, (Dove-Cote, Orlando), and his much anticipated restaurant and artisan Food Hall/Market, Mesa 21 (an authentic Mexican restaurant and tequila bar) as well as Doc B’s Fresh Kitchen (a fresh casual American fare and cocktail bar).

Maitland Mayor A. Dale McDonald, City Council members, top city officials and numerous other dignitaries were in attendance to celebrate this project milestone.

 

“We are passionate about creating community-driven developments for people to enjoy and are grateful to the city’s residents and city officials who have been so encouraging throughout this process,” said W. Allen Morris, Chairman and CEO of The Allen Morris Company.  “We are extremely pleased that Maitland City Centre will be a positive catalyst and gathering place for people in the community.”

 

“This development has been a long-standing goal for our community,” added David Lamm, principal of Lamm & Company Partners.  “The project is set to offer a unique retail experience, complete lifestyle and true sense of place for the city’s residents as well as a strategic location for retailers to capitalize on.”

 

Located at the crossroads of Maitland’s City Hall and the bustling, new pedestrian-friendly Festival Street, the project is poised to be a premier metropolitan and family-friendly oasis as well as central hub for people to live, work and play.

 

“Contrary to what a number of people thought about development in the City of Maitland, we strongly believed there was a void in the submarket given its extraordinary demographics, community passion and loyalty,” said Brian Grandstaff, Principal of Millenia Partners. “We are honored to bring many new restaurants and concepts not only new to Maitland, but also new to the entire Central Florida area.”

Maitland City Centre’s Mission-style architecture inspired by City Hall and the Cultural Corridor will be comprised of 220 one- and two-bedroom stylish rental apartments and 24 live/work units, seamlessly fusing contemporary design and refined elegance throughout and complemented by resort-like amenities.

The residences will range from 700 to 1,300 square foot units priced from approximately $1,300 to $2,400 per month.

Maitland City Centre will create a sense of place where everyone from millennials, to families and empty nesters can enjoy a true urban lifestyle where they can live, work and fully thrive while celebrating Maitland’s history and community.

Slated for completion in 2018, Maitland City Centre marks The Allen Morris Company’s 82nd development.

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Industry News, Multi-Family, NA, Retail
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