Maury L. Carter & Associates, Inc. represented the seller.
By DUSTIN WYATT | dwyatt@growthspotter.com | GrowthSpotter
PUBLISHED: October 5, 2023 at 4:03 p.m. | UPDATED: October 6, 2023 at 9:19 a.m.
LeCesse Development Corporation is a step closer to delivering more apartment units to the Orlando market after securing land a short walk away from the Meadow Woods SunRail station.
The Altamonte Springs-based developer paid $6.5 million on Sept. 28 for roughly 10 acres of property near the intersection of S. Orange Avenue and W. Wetherbee Road, according to Orange County deed records.
LeCesse plans to begin construction on a 280-unit Class A multifamily community by the fourth quarter of 2024, representatives told GrowthSpotter.
“With the site situated directly across the street from the Meadow Woods SunRail station, we saw an opportunity to provide a transit-oriented development,” Matthew Gourlay, senior development manager at LeCesse, said in a statement. “We are excited that our residents will have the convenience of the SunRail service at their doorstep.”