Winter Park Developer Buys Long-Shelved Oviedo Project

Aug 06, 2012 No Comments by

The long-shelved $275 million Oviedo on the Park mixed-use project has a new owner and could start construction by next year.

Winter Park-based P.A.C. Land Development Corp.’s related Park Place Apartments of Oviedo LLC on July 23 bought the 54-acre site at Mitchell Hammock Road and Oviedo Boulevard for $6.6 million.

The developer wants to start with 429 apartments in 2013, and the commercial portion would be developed in a future phase, possibly starting in 2019.

 

Source:  OBJ

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Industry News, Multi-Family, NA
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