Ravaudage developer seeks OK for $60M apartment complex
Winter Park developer Dan Bellows has a suitor for a piece of his 50-acre Ravaudage mixed-use project — one that wants to build a 300-unit apartment complex.
Bellows told Orlando Business Journal that a Miami development group is interested in buying a 3.2-acre site on Morgan Lane and plans to build a $60 million, six-story apartment complex with a 480-space integrated parking garage and tennis courts on the roof.
Bellows said his Benjamin Partners Ltd. plans to go to the city of Winter Park development review committee on Aug. 27 for final site plan approval. Once he gets approval on the site plan, he will likely close on the sale to the development group, which would then likely take a few months to complete construction drawings and then break ground on the project, Bellows said.
A city spokeswoman said the item will be discussed at the meeting, though no staff reports are prepared in advance.