News on the Ivanhoe, 801 N. Orange?

[bulldogger]

I went by again after lunch and there are few of those I-beams on top of each other balancing on top of what I think was that test pile.

[JRS1]

is it possible that this project might get built before TT?

[orlandonative]

^For sure.

[bic]

Clear site with activity vs. an occupied site that needs razing with no sign of activity

I'm no insider but it seems likely that The Verde will beat out Tradition Towers.

[JRS1]

Clear site with activity vs. an occupied site that needs razing with no sign of activity

I'm no insider but it seems likely that The Verde will beat out Tradition Towers.

it goes even deeper than that: talk of the town skyscraper for the past 1 1/2 years (TT) located in the heart of the CBD that's entrenched among Orlando's elite, might fall to the wayside time-wise in favor of a once mentioned but recently re-talked about scraper, that's gone through several design changes, is not a condo, and is not technically in the CBD, the Verde. this is the conundrum [sic] I'm battling with.

[bulldogger]

A small crew was just getting on property this morning as I was driving by around 9am.

[JRS1]

TV 13 said on Sunday or Monday that the City would vote on the tax breaks. any word?

[jack]

It passed

[msw]

Hello all, I am a new member and would GREATLY appreciate any help/advice you guys could give me concerning that part of uptown.

I own a rental condo at 360 N. Orange(Park North) and would like to know some of your opinions on how these 2 towers are going to affect my property. I would imagine that it will be a lot more difficult to find a tenant with so many "affordable" apartments across the street. So the idea of finding tenants after the towers are built is very unappealing to me. Do you think the towers and other developments in uptown will imrove the value of my condo in the long run? Or will the added competition hurt the value of condo? I was planning on selling the unit in a couple of years if the market improves.

Thanks in advance for your help!

[facilities man]

JMO..., but I think it would hurt in the short run, (2 to 5 years), but help in the long run, more than 5 years.

[JRS1]

It passed

so what's next for GDC in this development process?

[uncreativeusername]

JMO..., but I think it would hurt in the short run, (2 to 5 years), but help in the long run, more than 5 years.

Agreed - depending on how long you want to sit on the investment. Long term, this proj. will definitely increase the property value of the area greatly.

[jack]

Will help property values in the long and short run. I think the condos charge downtown prices without any of the amenities. With Verde, 801 and future developments, prices should increase. But for now, I am sure a lot of people would rather pay to live in a brnad new highrise then Park North of Uptown Place. But some would rather not.

[orlandonative]

Verde is nothing but good in the long and short run. The only negative affect for you is the natural inconvenience created by living next to a large, active construction site.

[JRS1]

so is Verde a go now, or are there other considerations that need to pass muster first?

[jack]

Nothing is definite. But it looks good now. However, I never feel confident until permits are paid and I see a foundation being poured.

[JRS1]

Nothing is definite. But it looks good now. However, I never feel confident until permits are paid and I see a foundation being poured.

I know, twenty questions... but, is there a timetable for the permits being paid?

[DowntownDarryl]

Hello all, I am a new member and would GREATLY appreciate any help/advice you guys could give me concerning that part of uptown.

I own a rental condo at 360 N. Orange(Park North) and would like to know some of your opinions on how these 2 towers are going to affect my property. I would imagine that it will be a lot more difficult to find a tenant with so many "affordable" apartments across the street. So the idea of finding tenants after the towers are built is very unappealing to me. Do you think the towers and other developments in uptown will imrove the value of my condo in the long run? Or will the added competition hurt the value of condo? I was planning on selling the unit in a couple of years if the market improves.

Thanks in advance for your help!

In my opinion the units located directly On Orange Ave will definately be hurt the most by construction noise. ( compared to The Waverly eastside and The Paramount construction).Those units located inside overlooking the pool might benefit from the new construction and renewed uptick in the neighborhood along with Citrus opening. The main obstacle still from what I hear from buyers and renters is the location, being approx 12 blocks from direct Downtown. The market hasn't improved yet for Uptown (both the area and the complex) however I do look for that to change as more is built connecting it with direct Downtown.

[Javalady1]

The market hasn't improved yet for Uptown (both the area and the complex) however I do look for that to change as more is built connecting it with direct Downtown.

Timeframe?

[DowntownDarryl]

Timeframe?

1-4 Yrs as each Venue, Entertainment or Consumer Establishment is available, ie: Cinema at The Plaza, Publix at The Paramount, The Vue and its proposed Upscale Deli, New Restaurants, Proposed Performing Arts, Arena and possibly Renewed Citrus Bowl, Renewal of Church Street Station as well as other venues to come.

[Javalady1]

1-4 Yrs as each Venue, Entertainment or Consumer Establishment is available, ie: Cinema at The Plaza, Publix at The Paramount, The Vue and its proposed Upscale Deli, New Restaurants, Proposed Performing Arts, Arena and possibly Renewed Citrus Bowl, Renewal of Church Street Station as well as other venues to come.

I thought your original comment was geared towards uptown. I just don't see the strongest connection between the project you listed above and the uptown area.

[jack]

As critical mass is developed, downtown will actually be contiguous. Expansion of Lymmos as well as 801 N Orange Camden Verde, ect. will connect downtown with uptown.

[prahaboheme]

^The city should be proactive in its own growth. It is a shame that Orange Ave--Orlando's Michigan Ave, Broadway, Boylston, whatever--still looks like crap. There should be major investment in sidewalk upgrades (brick, stone), impressive lighting (seriously the acorn lights look podunk) all the way from Anderson through Princeton.

[ORLANDOJBBOY]

Hello all, I am a new member and would GREATLY appreciate any help/advice you guys could give me concerning that part of uptown.

I own a rental condo at 360 N. Orange(Park North) and would like to know some of your opinions on how these 2 towers are going to affect my property. I would imagine that it will be a lot more difficult to find a tenant with so many "affordable" apartments across the street. So the idea of finding tenants after the towers are built is very unappealing to me. Do you think the towers and other developments in uptown will imrove the value of my condo in the long run? Or will the added competition hurt the value of condo? I was planning on selling the unit in a couple of years if the market improves.

Thanks in advance for your help!

As an owner there, do you notice the awful smell in the buildings, they smell kinda like garbage and cigarette smoke to me, i went to look at buying two units and i was just turned off by the smell in the building, didnt seem very clean. Just so you know the owners might want to get together and make sure management is keeping up with the place. You want the units to retain or gain value, not lose value or interest from buyers.

[mrh3]

^The city should be proactive in its own growth. It is a shame that Orange Ave--Orlando's Michigan Ave, Broadway, Boylston, whatever--still looks like crap. There should be major investment in sidewalk upgrades (brick, stone), impressive lighting (seriously the acorn lights look podunk) all the way from Anderson through Princeton.

Great idea. I never even though about it, but you're 100% correct. The city should improve its overall appearance creating a continuous street level retail experience.