Orlando-area commuter rail line draws developers

Miami /
Nov.November 22, 2015 11:00 AM

A 19-month-old commuter rail service in Central Florida is attracting new developments along its 61.5-mile line connecting Orlando to northern suburbs.

The SunRail system runs 36 train trips per day, Monday through Friday, excluding holidays, from Orlando to satellite cities as far north as DeBary and Sanford.

Developers are building hundreds of new apartments and advancing other projects at locations near the SunRail line, which extends north from Orlando to Winter Park, Altamonte Springs, Longwood, Maitland and Lake Mary.

Next to the SunRail station in Maitland, for example, Epoch Properties has city-approved plans to build an 293-unit apartment building. Farther north, in Altamonte Springs, Picerne Development plans to build 102 two- and three-bedroom apartments about a third of a mile from the SunRail station there.

In DeBary, at the northern end of the SunRail line, a development company headed by Charles Lichtigman, owner of Charles Wayne Properties Inc., plans to develop a card room and horse track near the city’s SunRail station.

In addition, a 208-unit rental development called Weston Park is under construction near the Longwood station, and contractors are building Station House, a 200-unit apartment building, near the Lake Mary station.

According to its website, SunRail is set for a Phase 2 extension of its service and rail line to five additional cities, including one north of Orlando and four to the south. [Orlando Sentinel] — Mike Seemuth


Related Articles

arrow_forward_ios
Terranova’s Stephen Bittel with 93 Miracle Mile
Terranova plans retail-and-office project on Coral Gables’ Miracle Mile
Terranova plans retail-and-office project on Coral Gables’ Miracle Mile
Ytech's Yamal Yidios with 1500 Brickell Avenue
Ytech buys historic Brickell château, plans restoration
Ytech buys historic Brickell château, plans restoration
50 and 60 Northeast Third Street and 222 and 234 Northeast First Avenue (Google Maps)
Namdar pays $41M for downtown Miami apartment towers dev site
Namdar pays $41M for downtown Miami apartment towers dev site
Orlando, rents, multifamily market, affordable housing
Rent control’s on November ballot in Orlando. Is Miami next?
Rent control’s on November ballot in Orlando. Is Miami next?
Rockpoint's Bill Walton and Keith Gelb with the Shops at Mary Brickell Village (left), 1221 Brickell (middle), and 911 Southwest First Avenue (right) (Rockpoint, Google Maps, Twitter)
Rockpoint’s Brickell bonanza: Firm reaps riches in booming neighborhood
Rockpoint’s Brickell bonanza: Firm reaps riches in booming neighborhood
rendering of the Nautilus 220 condo project with Developers Daniel Kodsi of Royal Palm Companies and Peter Baytarian, managing partner at Forest Development (LinkedIn, Forest Development, VS Studios)
Forest Development, Royal Palm nab $269M condo construction loan
Forest Development, Royal Palm nab $269M condo construction loan
From left: Oak Row Equities' David Weitz and Erik Rutter with Edgewater
Oak Row Equities plans 400-unit apartment, office tower in Edgewater
Oak Row Equities plans 400-unit apartment, office tower in Edgewater
Hollywood Locations' Christopher Ursitti and 1400 Northwest 31st Avenue (Hollywood Locations, Google Maps)
Movie studio complex may rise on former incinerator site in Fort Lauderdale
Movie studio complex may rise on former incinerator site in Fort Lauderdale
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...