camstrang

Mills/50

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Who is the design architect for this project?

Don't know, but several years ago Pelloni was working with Baker Barrios and they ended up having a dispute. I think he was served with a lien at one point over unpaid services.

Edited by pomegranate

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Total idiot, but he most likely felt the pressure. Supposedly he always used an alley way in the back of the property, but it belonged to another business that the developer purchased and they already blocked him from using it. I don't believe it's greed, but him being naive that he would be able to beat the developer.

Did anyone see the article in the Sentinel today? http://www.orlandosentinel.com/business/or...0,4114922.story

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His asking price: $1.25 million.

That's about $238 a square foot.

Pelloni indicated he has no intention of paying that much.

"The market is probably in the $20 to $40 range" per square foot, he said in his e-mail. "We are willing to pay a premium but can't justify $235 a square foot."

Damn. That's funny.

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I agree that a million dollar asking price is a ridiculous notion.

But for Pelloni to claim that the value is more in the $20 to $40 per square foot range? Let's say $40 per square foot for a 5,250 square foot property.... that would be just over $200k for a property right on Mills. That's too low. I wonder if Pelloni was quoted correctly?

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Although it's nice to see that eye sore being replaced by something new, it's too bad that it appears from the renderings the new construction will be more of the same old generic looking crap that's going up everywhere else nowadays. Would've been nice to see something a little more striking in that spot.

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Although it's nice to see that eye sore being replaced by something new, it's too bad that it appears from the renderings the new construction will be more of the same old generic looking crap that's going up everywhere else nowadays. Would've been nice to see something a little more striking in that spot.

I don't know. from the elevations, this looks like it has similar finishings and features that the Wellesley has in Coll. Park, instead of being bland and featureless.

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Construction to start soon on $350 million project

After nearly three years of planning, the $350 million Mills Park mixed-use development will be under construction early next year on the site of the former Mills & Nebraska lumber yard in north Orlando, the developer said Thursday.

Demolition work -- including removal of the more than 70-year-old lumber-and-hardware business -- has been completed along Mills Avenue just north of Virginia Drive.

Over the next two or three years, 564 residential condominiums will be constructed in groups ranging from three to seven stories high. Eighteen two-story live/work units will also be built.

Just less than 80,000 square feet of retail space will be developed for restaurants and service businesses such as a dry cleaner, said James Pelloni, chief executive officer of Pelloni Development Corp. of Lake Mary.

Plans also call for 272,800 square feet of general and medical condo-office space. The development is a short distance from Florida Hospital's main campus, to the northwest on Rollins Street.

Pelloni is also building two five-story parking garages with 2,200 spaces. A 1-acre park fronting Mills Avenue will provide open space.

Read More at OrlandoSentinel.com

26905493.jpg

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good news. good to see consistent development around town during this "downturn" economy. Mills will be so different.

good point

and hopefully after this new $68M ad blitz orlando is doing, our area will see a significant 'upturn' due to increased tourism and migration(my family decided to move here after a very pleasent tourist stay oddly enough)

"Built for families. Made for memories"

cant wait to see this project to get done, I think it will rival the great winterpark village

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Does anyone know why that one building on the south end of the property (along Virginia Drive) is being painted and fixed up? I thought everything was going to be demolished.

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It looks like things are finally moving forward on this project.

--------------------

Pelloni taps Zom to build condos

--------------------

The 425-unit Hudson condominiums are part of Pelloni's Mills Park project in Orlando.

Jack Snyder

Sentinel Staff Writer

March 29, 2007

Zom Inc., the company that built two signature residential towers in downtown Orlando, is teaming up with Pelloni Development Corp. to build 425 condominiums as part of Pelloni's Mills Park mixed-use project on the former site of the Mills & Nebraska lumberyard.

Steve Patterson, Zom's president and chief executive officer, said Wednesday the condos will be "a very solid value," with prices starting in the low $200,000s.

The complex, to be known as the Hudson, will contain one-, two- and three-bedroom units ranging from about 700 to 2,200 square feet. The 2,200-square-foot penthouses could cost as much as $1 million.

The residential project will include as many as 17 live/work units, with rooms set above ground-floor commercial space.

Mills Park, a $350 million development on the northwest corner of Mills Avenue and Virginia Drive, will also have about 80,000 square feet of retail and 273,000 square feet of offices.

Jim Pelloni, president of Lake Mary-based Pelloni, said several major multi-family developers wanted to be part of Mills Park, but Zom was selected because of its experience and record of innovation.

Orlando-based Zom built the Paramount and the Waverly, high-rise residential towers both on Central Boulevard in the city center. It has also developed condo and rental projects in Tampa, St. Petersburg, Miami Beach, Surfside, Coral Springs, Boca Raton and Fort Lauderdale, as well as in Dallas, Houston and Austin, Texas.

Pelloni Development's resume includes the Shoppes at Oakmonte, Park Place at Heathrow, and the Village at Hunter's Creek.

An existing, 7,000-square-foot building at 1122 Virginia Drive has been renovated for use as a sales office and model unit. The center will open April 15. Patterson said interested parties can sign up for information by calling 407-447-4344 or visiting the project's Web site at millsparkorlando.com.

The demolition of existing structures is wrapping up and site work is under way, Pelloni said. Greg West, Zom's senior vice president, said construction of the Hudson should start during the fourth quarter of the year.

The development has been designed to be pedestrian friendly. The rear of the property connects to the Orlando Urban Trail, designed to eventually offer paved pathways for running, skating and cycling. The project is also within walking distance of the Orlando Museum of Art, Orlando Science Center, Mennello Museum of Folk Art and Central Florida Civic Theater.

Florida Hospital's main Orlando campus is a short distance to the northwest.

Pelloni said the project's office space, which he will sell or lease, has drawn a lot of interest. About one-third of the inquiries have involved medical businesses, he said.

Two five-story garages will provide free parking for residents and businesses.

Pelloni said the retail portion could include as many as 10 restaurants.

The 14.5-acre site was assembled from several owners, with the Mills & Nebraska lumberyard the largest parcel. Orlando Mayor Buddy Dyer has hailed the project as "a perfect example of the kind of development that will continue to attract residents to the downtown area."

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The sales center is open and is really nice. There is a cool model of the project that really puts in perspective how huge this project is! There is also a model of a 2/2 residential unit that is really nice.

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Is it going to be built with cheap wood like Camden?

I sure hope not.

I can't believe anyone could have allowed Camden to be built as cheaply as it has been built. It's all wood and cheap siding. That place will be torn down in 10 years.

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The sales center is open and is really nice. There is a cool model of the project that really puts in perspective how huge this project is! There is also a model of a 2/2 residential unit that is really nice.

Can anyone sneak a photo of the model for us non-locals?

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Aren't all of the luxury apts in Orlando not in the core built the same way. As well as the majority of high end homes. Concrete first floor and wood the rest. I seriously doubt we will see many more projects in the core that are all concrete. Costs too much. Unless they charge $500 a foot, and we see how well that is going. If they built it all concrete, their rents would be a heck of alot higher.

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Aren't all of the luxury apts in Orlando not in the core built the same way. As well as the majority of high end homes. Concrete first floor and wood the rest. I seriously doubt we will see many more projects in the core that are all concrete. Costs too much. Unless they charge $500 a foot, and we see how well that is going. If they built it all concrete, their rents would be a heck of alot higher.

That's fine, but don't call them luxury... on that note, I don't see many of these condos even in our downtown core being luxury. Do you think any of them would be featured on Mtv Cribs? They are nice, but luxurious??? c'mon

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I sure hope not.

I can't believe anyone could have allowed Camden to be built as cheaply as it has been built. It's all wood and cheap siding. That place will be torn down in 10 years.

Nothing wrong with that.

Let's all HOPE the place will be torn down in 10 years.

And something decent will go up in it's place.

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