WeldenField and SPM Team Up With Tavistock to Develop New Luxury Apartment Community

WeldenField and SPM Team Up With Tavistock to Develop New Luxury Apartment Community

ORLANDO, FL - Weldenfield Development and SPM, LLC announce the groundbreaking of Landon House, a collection of 280 luxury, urban-style apartments located in the heart of Lake Nona Town Center and the bustling Lake Nona Medical City in Orlando, FL. This five-story development will include a resort-style pool with infinity edge; outdoor pavilion with a fire pit and TV; putting green; fitness center featuring virtual reality cardio bikes; clubhouse with cyber café; game room with billiards, shuffleboard table and retro arcade games; business center; multi-purpose theater; Zen garden; Bocce ball; outdoor ping pong tables; grilling areas; pet spa; controlled access to the building and parking deck; and bicycle storage. Studio, one, two and three bedroom interiors will feature open living areas boasting 10’ ceilings; a gourmet-style kitchen with granite islands and countertops; and energy-efficient appliance package; bedroom suites with large walk-in closets; and a washer and dryer.

Landon House is a joint venture between Tavistock Development and Weldenfield Development, with management services by SPM, LLC.  This will be the second Lake Nona community to be constructed and managed in partnership with WeldenField and SPM, LLC.  Walker & Co. has been selected as the Landon House general contractor. Leasing will begin in the fourth quarter of this year and the community is projected to open in early 2016.

“Lake Nona is being built on the fundamentals of thoughtful design, sound planning, innovative collaboration and a commitment toward a thriving community rich in programming and activities, all built on a gigabit network allowing the best in technology. Landon House will be a wonderful addition to our community, and will provide an urban, live-work-play environment not yet seen in Orlando,” said Jim Zboril, president of Tavistock Development Company and Lake Nona Property Holdings.

Landon House is one of four active apartment communities currently planned or under construction at Lake Nona.  WeldenField, SPM, LLC and Lake Nona teamed up in 2012 on the 289-unit Lake Nona Water Mark Apartments, which opened in 2013.  Two more apartment communities are under design and planned to begin construction in the eastern and western sections of Lake Nona over the next two years.

“The variety of our housing and apartment communities are an important component in our offerings,” said Zboril. “We look forward to announcing the precise locations of our next communities in the coming months,” he added.

Commercial development is rapidly expanding throughout Lake Nona with more than $200 million in active onsite construction of new retail and office projects. The first phase of the Lake Nona Town Center is projected to open in the fall, which includes 5 restaurants, an 80,000 square foot office building and a 204-room Marriott Residence Inn and Courtyard by Marriott combination hotel complex.  The 92,000 square-foot Florida Blue and GuideWell Innovation Center in Lake Nona Medical City is also under construction and will be completed this fall.  The 75,000 square-foot Lake Nona Gateway building, a medical office building, was completed in late 2014 and is anchored by Florida Hospital and UCF Health.

With a real estate portfolio highlighted by Lake Nona, Tavistock Development Company is setting a new standard for the way in which business and residential communities are being built, focusing on high quality, high technology and innovative development.

Recently acknowledged by FORTUNE Magazine as a model for the next great American city, Lake Nona is one of the fastest growing communities in America attracting more than $2.8 billion in construction across 7.1 million square feet with the development of two new hospitals, three college campuses, a nationally recognized medical research institute, the USTA’s New Home of American Tennis and thousands of new homes. Adjacent to the Orlando International Airport, Lake Nona will feature more than five million square feet of commercial space, 2,200 hotel rooms, 30,000 residents and more than 100 shops and restaurants. Focused on sustainable design and healthy living, Lake Nona is recognized by Cisco as the only designated “Iconic Smart + Connected Community” in the U.S. – one of only nine such communities in the world.

Source: SPM / #Apartments #Multifamily

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