Downtown Orlando Project Discussion

[popsiclebrandon]

Didn't the law change so you only need like 75% of owners to agree to sell to force the rest out?

 

Edit - looked it up, 80% required now

Edited January 23, 2017 by popsiclebrandon

[spenser1058]

Our examples of 1960's architecture are being rapidly depleted so I'd hate to lose this. Thank goodness OPL and Aloft aren't going anywhere soon.

Edited January 23, 2017 by spenser1058

[nite owℓ]

1 hour ago, alex said:

That would be too bad since it's one of the few older (i.e. affordable) places downtown. Just looked at Urbanista and you can buy a 1/1 for $110,000 or rent a 1/1 for $1,150. 

That said, it's definitely a prime lot... 

Those units aren't upgraded and they don't come with a view - upgrades to the interior & Lake Eola views will come at a higher price. But you're right, the Met is one of the few affordable condo's in our downtown core in line with Orlando's average income. I'd compare the Metropolitan to the Grande in affordability, although the Met is poured concrete while the Grande is wood frame.

Edited January 23, 2017 by nite owℓ

[metal93]

So the Metropolitan might be redeveloped? Can't say I'll miss this one because it is anti-urban in many ways, and pretty much any new development would be an improvement.

If it gets redeveloped, whatever going in there should have ground level retail on Washington and Rosalind (especially Rosalind), and do a better job of addressing Palmetto Ave - instead of letting it continue to be a sad alleyway, let it be street it's supposed to be. Jefferson Street should also be extended to Rosalind with a traffic light there to improve the connectivity to Lake Eola. Now imagine if they built the Tradition Towers on that site...

Though I'm betting nothing happens and what you heard were just rumors and that the Metropolitan is here to stay.

[Jernigan]

If it gets rid of the driveway on Washington, my dream of that block of Washington comes that much closer!

[Jernigan]

Per Growthspotter - new proposal - "Broadstone Lake House"  - was going to make separate thread but they haven't even closed on land yet...

Address: 301 N. Ivanhoe Blvd

a 288-unit multifamily tower with an estimated 39,000 square feet of live/work space on the ground floor

1/2 block west of The Yard at Ivanhoe

The plans currently include 167 one-, 82 two- and 39 three-bedroom units  (could change)

Integrated 9 story parking deck

[UngaBungalow]

1 hour ago, Jernigan said:

Per Growthspotter - new proposal - "Broadstone Lake House"  - was going to make separate thread but they haven't even closed on land yet...

Address: 301 N. Ivanhoe Blvd

 

a 288-unit multifamily tower with an estimated 39,000 square feet of live/work space on the ground floor

 

1/2 block west of The Yard at Ivanhoe

 

The plans currently include 167 one-, 82 two- and 39 three-bedroom units  (could change)

 

Integrated 9 story parking deck

 

wow, this is a game changer for that corner 

Edited January 24, 2017 by UngaBungalow

[orlandoguy]

Is it safe to assume this is supposed to be NorthEAST Ivanhoe (current location of Baldwin-Fairchild), not NorthWEST (near the corner of Ivanhoe and Poinsettia in College Park)? I don't think there is simply a NORTH Ivanhoe ...

[Jernigan]

Baldwin Fairchild site

[alex]

1 hour ago, Jernigan said:

Baldwin Fairchild site

I was relieved to see it wasn't the lot of the pink Lake Ivanhoe Shores apartment complex--speaking of good, affordable rentals. Still, losing the Fairchild Chapel tower and sign would be sad. 

Great density and additional parking that complements The Yard well. This would further activate the area, and hopefully help the push for a Lymmo connection. But the design sure has a "Lake Lucerne Towers" look to it... 

I'm conflicted!!

[tennis32801]

When I think of "tower", this rendering is the last thing that comes to mind.

[veryamusing]

Regarding the Metropolitan...  It looks like the median sale price per square foot right now is $170.  So, 113,472 square feet x $170 = $19,290,240, or $231 per square foot of land area (83,466 square feet, or 1.916 acres).  That's way too high for downtown land.  I can't see it when the University Club developer just paid $6,585,000 for 54,253 SF, or $121.38 per SF.  At $121.38 per SF of land, that's $10,130,751, or $89.28 per SF of heated area.  That's a little over 50% of what buyers are paying right now.  Do you think all the unit owners would sell for around $0.50 on the dollar?

The converting developer paid $4,585,000 on 12/09/03.  The first sale of all 128 units totaled $22,928,000.  Sales were quick!  From May 4, 2005 through August 29, 2005 for 125 of 128 units.  Believe it or not, there are still 27 original unit owners, only two of which have a homestead exemption.

But I'd love to be proven wrong. 

[AndyPok1]

4 hours ago, orlandoguy said:

Is it safe to assume this is supposed to be NorthEAST Ivanhoe (current location of Baldwin-Fairchild), not NorthWEST (near the corner of Ivanhoe and Poinsettia in College Park)? I don't think there is simply a NORTH Ivanhoe ...

I didn't even realize this road existed.

[alex]

1 hour ago, tennis32801 said:

When I think of "tower", this rendering is the last thing that comes to mind.

I guess when Lucerne Towers was built in the '60s it seemed like an appropriate name. 

   

[FLClarkKent]

3 hours ago, alex said:

I was relieved to see it wasn't the lot of the pink Lake Ivanhoe Shores apartment complex--speaking of good, affordable rentals. Still, losing the Fairchild Chapel tower and sign would be sad. 

Great density and additional parking that complements The Yard well. This would further activate the area, and hopefully help the push for a Lymmo connection. But the design sure has a "Lake Lucerne Towers" look to it... 

I'm conflicted!!

My eyes! My eyes! 

[popsiclebrandon]

Find a way to integrate that sign at least.

[Pete C]

I like the design. True it is shaped like Lucerne, but this has nice looking modern elements. It's better than 420 or Modera Central IMO. The ground-level pool exposed to the street is a little too old school though.

Edited January 24, 2017 by Pete C

[bqknight]

22 minutes ago, Pete C said:

I like the design. True it is shaped like Lucerne, but this has nice looking modern elements. It's better than 420 or Modera Central IMO. The ground-level pool exposed to the street is a little too old school though.

Really? To me it looks like a cheap motel or a communist style housing complex. Not good looking at all. 

[JFW657]

Fugly and stumpy.

Lose that back connecting wing, add it onto the tops of the two side wings and they might have something.

[FLClarkKent]

43 minutes ago, bqknight said:

Really? To me it looks like a cheap motel or a communist style housing complex. Not good looking at all. 

Or a cheap communist motel.

[UngaBungalow]

7 hours ago, FLClarkKent said:

Or a cheap communist motel.

I think it's a little too Pruitt Igoe for such a cool area. 

[orlandoguy]

My money's on this being a massing study to promote investor interest. Withholding judgment until something is a bit more real!

[prahaboheme]

Any new development here that replaces the historic Fairchild should incorporate the neon sign into the building and feature Art Deco design elements. Personally I would be sad to see this go.

[cwetteland]

This one gets a big thumbs down.  I'm a big fan of The Yard.  It ads some urbanization and the developers went out of their way to make sure it fit the character of the neighborhood.  Even the Lucky Lure with its rusted corrugated roof looks right in place next to The Yard.  But here, just a' hundred yards away, this beast is an eyesore.  Its scale is totally out of whack with its surroundings. If I were an Ivanhoe village resident I'd start marches in protest.

 

[spenser1058]

10 hours ago, prahaboheme said:

Any new development here that replaces the historic Fairchild should incorporate the neon sign into the building and feature Art Deco design elements. Personally I would be sad to see this go.

I always thought I'd prefer to depart this mortal coil after a service at the Fairchild chapel - I really hope it can be repurposed if it will no longer be used for funerals. The mausoleum at Woodlawn Memorium is a similar architectural style but somewhat smaller (I wonder if the carillon is still in use). Sadly, the Woodlawn funeral home (added in the 1980's) outside the Memorial Park is undistinguished California Modern.