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Creative Village


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1 hour ago, dcluley98 said:

Absolutely real. They already announced the Parcel X and X-1 a couple of months ago. (It's upthread)

$250 Million Phase Two.

Parcel X - 12 Story Class A Office Space with COVID-19 in mind. 185,000 sq ft with 5,000 SQ ft on ground floor retail. Calling it 'Building X' for now.  50% pre leased . $97 million

Parcel X - Hotel. 10 stories, 180 Keys, 5,000  ft of meeting space $42 million, Marriott brand targeted. A Marriott brand that isn't represented in Central Florida yet apparently.  Would come after office building and apartment tower.

Parcel X-1 - 26 story 324 unit luxury apartment tower totalling 259,000 SQ ft  and 4,000 SQ ft of ground floor retail.  $97 million. 

I wonder if parcel X-1 is the tall one next to I-4 in this rendering...

CV-Render-NE-view-1024x768.jpeg

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1 hour ago, JFW657 said:

I wonder if parcel X-1 is the tall one next to I-4 in this rendering...

CV-Render-NE-view-1024x768.jpeg

I believe the parcel names should actually be X, X-1, and Y, but yes the apartments are in the tall building shown near I-4, the office is to the west of that with "CREA" on the side, and the hotel is just to the north of the office.

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I kinda wish the 26 story tower was planned for the "Z" lot instead of the the Y lot. 

 

But this is Orlando and you never know what you're gonna get. 

Maybe we will get nothing or something much less desirable than originally advertised and like it. 

Maybe we will get something better later on. 

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5 hours ago, ChiDev said:

Lol no way in hell a 26 story project of that size only costs $97m.   Glad CV is expanding though, really wish the south end of by Magic complex would build itself out.   The rate at which CV is growing, I feel like the Sentinel site is just crying to be built-out.

I may be mistaken, but the OBJ uses hard costs only. Not project costs. 

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Yeah now that I glance back its coming out to roughly 300k per door, which I have seen recently.  If that was their all in figure instead of hc I would be floored, and demand to know which GC quoted it.   26 story above podium is no cheap build.

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On 10/8/2021 at 5:20 PM, dcluley98 said:

I believe the Altamonte Springs building we were discussing recently was about 18 stories and ballpark (low) $100 M and that did not include a detached precast garage.  I would expect 26 story podium to be almost double that. 

it's just amazing.  The Standard Oil Building/Amoco/Aon Center in Chicago, at 1,136' and 80 stories, cost about $80M to build in 1974, and then cost another $80M to replace the white marble with White Georgia Granite in the Late '80's-Early '90's,.  And now an only 26 story building in Orlando could cost almost $200M to build in 2022.  And it won't even be clad in marble.

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3 hours ago, jrs2 said:

it's just amazing.  The Standard Oil Building/Amoco/Aon Center in Chicago, at 1,136' and 80 stories, cost about $80M to build in 1974, and then cost another $80M to replace the white marble with White Georgia Granite in the Late '80's-Early '90's,.  And now an only 26 story building in Orlando could cost almost $200M to build in 2022.  And it won't even be clad in marble.

That 1974 $80m would be around $443m with inflation (Wikipedia lists construction cost at $120m, or around $665.9 adjusted)

And 1989 cost  would be another $176.4, totaling about $842.3... which is much much more money

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The ARB like the overall appearance of the proposed buildings, but does not approve of the treatment of the parking garage. This garage serves both the Modera residential tower and the proposed Moxey Hotel. ARB said the design "fail to meet the standard required for the project to receive the requested density bonus."

The current design uses a metal screen with a geometric pattern, but “Staff strongly feels that the parking garage treatments are inadequate and greatly diminish the quality of the architecture of the buildings they serve,” Forbes wrote. “Significant architectural integration and design enhancements are needed for the street-facing parking garage elevations in Parcels X and Y in order for ARB staff to support approval of the project.”

GS referenced the Jefre' collaboration used on the Lake Nona Town Center as a more desirable approach. 

Developer Craig Ustler agreed that improvements would be made and commented, “This is exactly the type of development that was contemplated for Creative Village in the first place,” he said. “We should be doing backflips if development is this intense, next to transit and in a walkable environment.”

https://www.growthspotter.com/news/downtown-orlando-developments/gs-news-cvdrc-20211012-jcxld2k5hjclrbfjk46lc4nb3y-story.html

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On 10/12/2021 at 5:24 PM, smileguy said:

That 1974 $80m would be around $443m with inflation (Wikipedia lists construction cost at $120m, or around $665.9 adjusted)

And 1989 cost  would be another $176.4, totaling about $842.3... which is much much more money

my post caused me to look up the cost of Vista Tower, just a few blocks from Aon Center, which opened a year ago, at a height of just under 1,200', and it cost around $800-900M; mixed use...

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On 10/13/2021 at 1:46 PM, uncreativeusername said:

Thanks for posting.  Have we seen these renderings yet?  (Can't access the actual article, not sure if they're even included)

 

Edit:  I answered my own question, although these are terribly low-res. 

(And now I'm laughing to myself at the notion of the Bob Carr getting its own adjacent residential tower before DPAC...all kidding aside, I love the potential of that plaza.)

 

1.jpg

OJZVOTDNOVB7HKXFASVAOF76FM.jpg

how about making the giant mesh area a giant video board?

Ill be honest,i kinda liked the gold mesh...looks very UCFwith the black  accents of the building

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how about making the giant mesh area a giant video board?
Ill be honest,i kinda liked the gold mesh...looks very UCFwith the black  accents of the building
I'd love to see something like these wind turbines wrap the garages. Or digital screens. The Creative Village has a surprisingly little amount of tech. I assume the video screens in the lake have also been canceled.

At least the height of the new buildings will help give that side of I-4 more interest as cars whiz past downtown...

https://www.zmescience.com/ecology/renewable-energy-ecology/mesmerizing-wall-turbines-could-revamp-urban-renewable-energy/amp/

Sent from my SM-A716U using Tapatalk

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11 hours ago, RedStar25 said:

This "Village" certainly"  isn't "Creative. 

It's "creative" in that it stimulates your imagination.

How?

You have to really use it to imagine it being a Creative Village.  

I recall we were bandying about some alternate names.

I think I suggested something along the lines of "Valencia Downtown" aka VD.  

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