ORLANDO, FL - The Bainbridge Companies, a fully integrated family of real estate companies engaged in the development, construction/renovation, management, and acquisition of residential and commercial real estate as well as a leading owner, developer, and manager of luxury multifamily apartment communities, announced it has closed on 5.5 acres in Orlando where it will develop Bainbridge The Grand, a residential property set to open in 2025.
Construction of the luxury apartment community, located at 5767 Major Blvd. in Orlando, will begin October of 2022. The Class A multifamily community will offer 390 one-, two- and three-bedroom homes ranging from 820 to 1,486 square feet. Bainbridge The Grand will be a five-story wrap with a structured parking garage. High-end condominium-quality interior finishes and amenities will be included in all apartment homes. Community amenities will include a resort-style pool, expansive clubroom, game room with shuffleboard, pool table, and retro arcade games, work-from-home spaces, state-of-the-art fitness center, electric vehicle charging stations, and on-site storage.
Bainbridge The Grand will be situated in the affluent submarkets of Doctor Phillips/Windermere boasting robust development and employment activity including Lockheed Martin’s R&D II building and Universal’s new multi-billion dollar theme park, Epic Universe, set to open in 2025. The I-4 Ultimate Improvement Project, the largest project in the history of the Florida Department of Transportation is also nearby. The $2.3 billion project will update a 21-mile stretch of I-4, Central Florida’s main transportation artery.
“The growth in the Orlando market, the Universal Studios expansion, and the new infrastructure of improved roads made this location a strategic choice for our new apartment development,” said Bob Thollander, president of development at The Bainbridge Companies. “CBRE ranked the Orlando market as the number one multifamily market in the nation on a go-forward basis and the introduction of Bainbridge The Grand will only contribute to this market’s clout.”