Modera Creative Village (CV Parcel U) | 10-story residential (Proposed)

[Jernigan]

10-story mixed-use building and parking garage

292 apartments

11,000 square feet of ground-floor retail fronting on Amelia Street and Chatham Avenue.

The parking structure will comprise the most of the first three floors and will have 355 spaces, enough to accommodate the residents and retail users.

[IAmFloridaBorn]

I'm okay with this over there. 

I like it. 

It's like a little neighborhood over here now 

[spenser1058]

1 minute ago, IAmFloridaBorn said:

I'm okay with this over there. 

I like it. 

It's like a little neighborhood over here now 

But is there a 7-Eleven yet?

[dcluley98]

Thank you Jernigan!  Also bland, but decent height, and good GF retail space included. Not bad for the area and necessary for more cheaper housing. Renderings don't look like 10-stories though. I wonder if there are updated renderings based on the narrative details. 

[IAmFloridaBorn]

2 minutes ago, spenser1058 said:

But is there a 7-Eleven yet?

Give it 24 hours, and there will be 

Edited January 30, 2019 by IAmFloridaBorn

[spenser1058]

7 minutes ago, IAmFloridaBorn said:

Give it 24 hours, and there will be 

Oh Thank Heaven!

[prahaboheme]

Do Amelia and Chatham intersect?

[dcluley98]

Not yet - it is likely they are referring to a new road to be created on the western side of this project and eastern side of the commons that is yet to be constructed and named. This would connect to existing eastern Lake Dot circle on the north to Colonial. There would be no connection to the existing Chatham Ave, because the current Center for Emerging media and plaza are in the way. They are calling the planned road that because geographically east/west, it is the most similar through street in that area. The name could eventually change once the Creative Village is built out further. 

According to the existing plan, Ronald Blocker Drive will be disconnected North/South, and Alexander will be extended to the west to this new Chatham Ave that will end up being a new connector North/South through the village to Colonial. 

Also, I believe Terry Ave is meant to be a main connector through the area now, with an eventual grade crossing over the RR tracks through the heart of CV and across Colonial to Edgewater. Since Parramore got cut in half due to the Stadium plan changing after the Church thing, Terry is the new main drag that ties everything together. 

With the Ultimate I-4 changes to the 408 interchange in the Griffin Park area, Terry Ave between South St. and Anderson St. will be re-aligned and will be extended all the way to the south past Gore Street and turn into a Westbound (SB) On-Ramp directly to I-4. This will create a full street from Edgewater through CV, under 408 and directly to Gore and on-ramp to WB I-4. 

Edited January 31, 2019 by dcluley98

[WAJAS]

No no no nada!  I know that this will go through the ARB, but this has to change. I was fine with a few bland buildings, but we don’t want to build on a parcel fronting the park unless a more interesting design comes.

 

Move this to one fo the western parcels.

[AmIReal]

13 hours ago, dcluley98 said:

This will create a full street from Edgewater through CV, under 408 and directly to Gore and on-ramp to WB I-4. 

Very interesting and informative dculey. Thanks for the info. This is the first I've heard of this idea. 

[dcluley98]

1 hour ago, AmIReal said:

Very interesting and informative dculey. Thanks for the info. This is the first I've heard of this idea. 

Yeah, not too many people know changed plans for that. I will do a detailed post in roadways topic since it doesn't really go here. 

[DreS0803]

14 hours ago, WAJAS98 said:

No no no nada!  I know that this will go through the ARB, but this has to change. I was fine with a few bland buildings, but we don’t want to build on a parcel fronting the park unless a more interesting design comes.

 

Move this to one fo the western parcels.

I agree. Creative Village has been a long awaited development. Is this what we waited 10+ years for? I thought that as development moved east, the buildings would get taller or at least more interesting. It’s a little frustrating that we have so many apartments under 15 stories underway (Prism, 520, Radius, Robinson apts, Amelia Court) not to mention the ones that are already complete. do we really need another one? In addition to them being short, most really aren’t all that great looking. In total we probably have a good 6 maybe 7 20+ story high rise apartments. With so much demand on apartments I would assume that more high rises would be built. CitiTower for example was a great addition and filled up pretty fast. They perfectly executed that project and built something worth being on prime real estate. This is just junk to me based on the amount of potential and momentum CV has built.

[tc01]

I would not look much into the height of the building, but rather the creativity and the amount of design details in a building.

[jrs2]

On ‎1‎/‎30‎/‎2019 at 6:42 PM, dcluley98 said:

Thank you Jernigan!  Also bland, but decent height, and good GF retail space included. Not bad for the area and necessary for more cheaper housing. Renderings don't look like 10-stories though. I wonder if there are updated renderings based on the narrative details. 

it looks like 8 at the most.

[Urban25]

We have to remember this is only phase one I believe. Maybe there is more height to come when it is needed. 

[spenser1058]

Sorry about that - I was looking for the link right as I got called for an MRI. We’ll try again.

Edited April 29, 2019 by spenser1058

[Jernigan]

2 hours ago, spenser1058 said:

Who needs diversity? UC announces grand opening of its 4-story clubhouse:

https://bungalower.com/2019/04/28/university-club-announces-grand-opening-of-new-clubhouse/

From Bungalower 

I heard those old white guys think all Modera threads look alike

[codypet]

Riding through on Friday they were all up on the patio drinking wine looking down at us peons.

[smileguy]

On 4/29/2019 at 11:14 AM, codypet said:

Riding through on Friday they were all up on the patio drinking wine looking down at us peons.

Exactly how things are meant to be.

[cwetteland]

You do realize that this thread is about Creative Village and NOT the Modera on Rosalind Ave which has its own thread.

[Jernigan]

This has an estimated opening of 2021.  The staggered start dates on these projects are purposeful to keep everyone from competing at once - the example given at a presentation today was Maitland where 3 apartment projects started leasing at once and it’s not ideal for any of them 

[dcluley98]

I appreciate that color, but IMHO I think that Maitland cannot be compared to DT for occupancy and rental rates. I know my rent keeps going up despite the ever-expanding supply coming on-market. 

Maybe if Radius and 520 ever finish and X-Orlando actually happens rent-flation will stagnate. Not holding my breath. 

As an aside, this is definitely true for CR market and hotels. There is not as much demand for CR space currently other than the somewhat ponzi workspace people like WeWork that are constantly losing money.

Interesting times. The end of the cycle is near. Find your chair.  It might be a while before the music stops, but it will stop. 

Edited August 14, 2019 by dcluley98

[popsiclebrandon]

The yield curve just inverted for the first time in 12 years and every time it has done that we've gone into a recession so that's fun. I would think we see rents stop/drop after that officially happens but nothing makes sense anymore.

[cwetteland]

A little different.  Every time there's been a recession, it was preceded by a yield inversion; but, every time there's been a yield inversion, there hasn't always been a recession.

[IAmFloridaBorn]

I do wonder why they didn't choose to build a tower.