Orlando’s City Council approved plans Monday for an 104-unit affordable-housing mid-rise next to Interstate 4, a block south of Colonial Drive.
A Winter Park development group, Concord Lexington LLC, proposed the two-phase project after it purchased the 2.07-acre site in September for $1.25 million from OCP Land LLC. Concord’s managers include Paul Missigman, Scott Culp and Tricia Doody, all of Winter Park.
The land, just west of I-4 and Hughey Avenue, and east of Lake Dot and Parramore Avenue, is surrounded by the Crowne Plaza Orlando Downtown, Orlando Tech, Orange County Public Schools’ parking garage and two Salvation Army residential towers. The new housing project will front Concord Street.
Because it is located near public transportation — both the Lynx central bus station and the transit service’s free Lymmo downtown circulator — developers won permission to reduce the amount of parking from 198 spaces to 136, about 110 of which will be of standard size.
The first phase is slated to be six stories high, containing affordable-rent units and built on 1.2 acres. The second phase is planned as 6,559 square feet of commercial space. The 2.07 acres now provide some parking for the Crown Plaza and would continue to provide parking for the hotel under the development plans.