Investment Overview

The current zoning classifications of these Uptown Altamonte sites present a most unique and rare in-fill opportunity within a high-density population area of the Orlando MSA for an extraordinary mixed-use development that will include luxury high-rise condominiums or apartments, together with street level retail, restaurants and offices, all of which are physically interconnected by an internal roadway network, dedicated pedestrian crossings with lighted pathways and proposed skyways consistent with a unified and integrated Master Developer’s Agreement. The mixed-use development will overlook Cranes Roost Lake and its continuous and surrounding walkway with benches, covered seating areas and urban landscaped spaces within the adjoining 45-acre Cranes Roost Park. The City of Altamonte Springs has previously invested over $50 million for infrastructure improvements within the Uptown Altamonte district. And being the key activity center and entertainment hub, the City of Altamonte Springs continuously invests in the Uptown Altamonte district. Most recently the CraneRIDES shuttle was implemented to connect Uptown Altamonte and the SunRail Station. The City of Altamonte Springs has dedicated its adjoining property for a parking garage perpetual easement and has made a financial commitment of $4.5 million towards a shared public/private garage facility.