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28945610
28945611

300 Cranes Roost Blvd, Altamonte Springs, FL 32701

RT
FL BK3015549
Marcus & Millichap - Orlando
DV
FL SL3294062
Marcus & Millichap - Orlando
JR
FL SL 677351
Marcus & Millichap - Orlando
Listed by Marcus & Millichap - Orlando
$19,398,000
170 days on market
Updated 80 days ago

UPTOWN ALTAMONTE TOWN CENTER DEVELOPMENT SITES

Details
APN 14-21-29-530-0000-0010,14-21-29-530-0000-0020,,14-21-29-530-0000-0030
Property Type Land
Sub Type Commercial, Residential
Acreage 3.754
Zoning Mixed Uses of High Density - Residential, Retail, Office

UPTOWN ALTAMONTE TOWN CENTER DEVELOPMENT SITES

Marketing description

Introducing the UPTOWN ALTAMONTE TOWN CENTER DEVELOPMENT SITES located at 300 CRANES ROOST BLVD, ALTAMONTE SPRINGS, FL 32701. Priced at $19,398,000, this exceptional offering includes three parcels boasting a mix of entitlements for residential, retail, and office spaces on a total of 3.754 acres. Boasting a prime position in Altamonte Springs, the development sites present a rare opportunity for a mixed-use project encompassing luxury high-rise condos or apartments, retail, dining outlets, and office spaces connected by internal roads, pedestrian paths, and proposed skyways. Overlooking the serene Cranes Roost Lake and the adjoining 45-acre Cranes Roost Park, the development promises a unique urban experience. With high-density zoning and an ideal location within the Orlando MSA, these sites are primed for transformation into a vibrant live-work-play hub. Don't miss out on the chance to create a groundbreaking development in this bustling area.

Investment highlights

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.

Listing Contacts

RT
FL BK3015549
Marcus & Millichap - Orlando
DV
FL SL3294062
Marcus & Millichap - Orlando
JR
FL SL 677351
Marcus & Millichap - Orlando
Listed by Marcus & Millichap - Orlando

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