Unicorp plans luxury apartments with wine tasting lounge and indoor basketball court in Horizon West – GrowthSpotter

With 10,000 multi-family units being built for Orange County, Unicorp National Developments continues to take an “innovative” approach to ensure that none of its current projects are alike.

Consider what the company is planning for Horizon West, for example: a 212-unit luxury apartment community with a wine tasting lounge and indoor basketball court.

After buying the 16-acre property between SR 429 and Avalon Road about a year ago for $6.5 million, Unicorp is pursuing a multi-family project called Elysian that is set to go to the county’s development review board on Wednesday.

The project team is made up of architectural firm Kreiger Klatt Architects of Michigan and engineering firm Kimley Horn.

In addition to four 4-story garden apartment buildings spread throughout the gated property, the site will also include four smaller carriage shed buildings with four units each.

Unicorp CEO Chuck Whittall told GrowthSpotter that these two- to three-story carriage houses would be akin to smaller homes totaling around 1,200 square feet with two bedrooms and an enclosed garage per unit.

The package includes a wine lounge, indoor basketball court and clubhouse with pool tables, 24-hour fitness center, yoga studio, theater room, business center with private offices and printing stations, a swimming pool with a Jacuzzi, a sauna, an outdoor fire pit and an outdoor playground.

“We just try to be innovative in our projects,” Whittall said. “Yes, there will be wine tastings on site and we found the carriage houses very interesting, almost like a little house.”

Across from the Lakeshore Preserve Subdivision, the triangular property sits in Horizon West’s Hickory Nut Village, one of the hottest real estate submarkets in the Orlando area. Located on the northeast corner of Avalon and Seidel Roads, the land is a few miles west of the Disney theme parks.

Before Unicorp took over the property, it was owned by an entity run by property manager Cole Clayton. He filed an application with Orange County in May 2021 to rezone the land from A-1 to PD to permit up to 332 apartments.

This land use plan was approved by the county commission on April 20.

For Elysian, the site plans included in the agenda documents show residential buildings of varying sizes. Buildings 1 and 2 on the north side of the property would contain 56 units and 44 units respectively.

Buildings 3 and 4 – stretching along the east side of the pool and clubhouse, facing a large pond – would contain 48 and 56 units, respectively.

The community will include 18 studios, 74 one-bedroom units, 104 two-bedroom units and 16 three-bedroom units. Site plans drawn up by engineering firm Kimley-Horn show 1.8 acres of open space for parks and recreation as well as two outdoor plots along Seidel Road for future development.

“It’s a great area with great schools,” Whittall said. “We have a few other apartment plots in the immediate area that we are also moving forward with. Generally in Orange County. we have 10,000 multi-family units under development.

Just south of the Horizon West boundary, Unicorp National Developments is seeking approval for a mixed-use project called Sutton Lakes on 139 acres on Avalon Road that will include up to 300 apartments and up to 250 single-family homes.

For the single-family dwelling portion of the concept, Unicorp will prepare the lots and then sell them to homebuilders.

“The area needs more housing,” he told GrowthSpotter in a previous interview, “and we think this is a great opportunity to bring more housing to this area. growth.

Unicorp is also completing its nearly 350-acre O-Town West project near Universal theme parks.

The massive mixed-use site is approved for over 1,500 residential units with retail, dining and office space spread across four sub-districts: Village in O-Town West, The Crossings in O-Town West, downtown to O-Town West and downtown to O-Town West.

Construction is currently underway on two luxury apartment communities here.

The glass house will total 900 units when all phases are completed in the village area. Unicorp received a $77 million loan in December 2020 from Goldman Sachs to finance phase 1 of the project. It will include lagoon equipment and a restaurant serving three meals a day. Once open, tenants can order cocktails to sip poolside.

Work is also underway on The Bentley, a 396-unit mid-rise apartment community in the downtown district. Unicorp received a construction loan totaling $68 million in April 2021 for this project.

The Bentley’s on-site amenities lineup will include a resort-style swimming pool with jacuzzi, resident lounge with coffee bar, social area with billiards and arcade games, cinema room, entertainment verandah with HDTV, a ZEN garden with hanging moon chairs and water features, outdoor walking path, fire pit, 24-hour fitness center with TRX and yoga studio, conference room, bicycle rental, outdoor play areas offering cornhole, Jenga and putting green, and electric car charging stations.

Whittall told GrowthSpotter in July that these resort-style residential assets could become a growing part of Unicorp’s portfolio.

In O-Town West, the developer intends to build another 200-unit community called Eden where rental rates will start in the 3,000 range. Residents here will feel like they are living in homes of more of a million dollars, Whittall said.

Do you have any advice on developing Central Florida? Contact me at (407)420-5058 or [email protected]or send me a tweet at @DustinWyattGS. Follow GrowthSpotter on Facebook, Twitter and LinkedIn

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