The Real Deal Miami

BBX opens first apartments at Orlando development

The Fort Lauderdale-based company is developing 292 apartments at the 47-acre Gardens on Millenia
July 09, 2017 09:00AM

Outdoor amenities at Addison on Millenia

Residents have started moving into the first two of 10 apartment buildings that BBX Capital Real Estate is constructing at its 47-acre development in Orlando called Gardens on Millennia.

Fort Lauderdale-based BBX Capital Real Estate, a division of publicly held BBX Capital Corporation, plans to build a 10-building complex on an 11.4-acre parcel with a total of 292 apartments ranging in size from 592 square feet to 1,413 square feet.

Floor plans at the rental development, called Addison on Millenia, include one- two- and three-bedroom apartments with such interior amenities as energy star appliances, granite counters, and spa-inspired bath tubs.

Common-area features include an 8,000-square-foot clubhouse with a business center, a swimming pool, gas grills in an outdoor kitchen, a billiard table, gaming stations and various pet-friendly features.

Fort Lauderdale-based Stiles Corporation and BBX Capital Real Estate formed ajoint venture to develop a 141,100-square-foot retail center at Gardens on Millenia, which includes anchor stores occupied by Academy Sports and Hobby Lobby. Other tenants include Mattress One, Tijuana Flats, Five Guys Burgers & Fries and Navy Federal Credit Union.

Costco Corporation bought 15.46 acres of the 47-acre Gardens on Millenia site adjacent to the retail center, where the retailer has opened a 152,000-square-foot store and a gas station.