Wood Partners Commemorates Groundbreaking for New Lakefront Community in Orlando

Wood Partners Commemorates Groundbreaking for New Lakefront Community in Orlando



Orlando, Florida, is about to receive a significant boost in its housing options, specifically in affordable yet upscale living. Wood Partners, a notable name in multifamily development, has officially broken ground on their latest project, The Edgewater. This exciting endeavor consists of 328 units of Class-A multifamily housing, strategically positioned alongside the scenic Lake Fairview. With a commitment to enhancing the living experience while maintaining cost-effectiveness, Wood Partners aims to create a community that balances luxury with accessibility.

The announced groundbreaking underlines Wood Partners' strategy to provide high-quality housing in prime locations. Construction of The Edgewater commenced soon after the completion of property acquisition in August. As part of their ongoing attainable housing initiative, this community is set to offer a unique living experience amidst beautiful natural surroundings. Bryan Borland, the Executive Managing Director at Wood Partners, expressed optimism about the project's appeal, stating, “This location is certain to attract a diverse range of renters looking for quality housing.” With the lakefront views, access to local parks, and proximity to key employment zones and leisure activities, The Edgewater is positioned to be a desirable address for many.

The unit offerings will range from one- to three-bedroom apartments, allowing for a variety of lifestyles and family arrangements. Notably, 56 units will boast direct views of the lake, enhancing the residents' living experience and connection to nature. The interiors of The Edgewater will shine with upscale finishes, featuring granite countertops, stainless steel appliances, and access to top-of-the-line amenities that align with Wood Partners' commitment to creating better communities. The organization's strategic choice to focus on suburban development instead of pricier urban locales helps facilitate a lower rental price while still maintaining high living standards, thus making it more attainable for renters.

Situated between the vibrant areas of Winter Park and College Park, future residents of The Edgewater will have a cornucopia of shopping and dining options at their fingertips. Noteworthy nearby attractions include recent developments such as Winter Park Village, which has undergone a $50 million redevelopment. The bustling Edgewater Drive is another dining favorite, presenting an array of original restaurants and cafes. Moreover, please note that The Packing District, an innovative 202-acre mixed-use development, is only eight minutes away, promising an exciting community atmosphere with its recent openings, including a new Publix and The Great Southern Box Food Hall.

The Edgewater's prime location along Lee Road facilitates easy access to Interstate 4, which places Downtown Orlando a mere 15 minutes away. For those looking to connect with the greater metro area, the development also offers access to the Orange Blossom Trail, linking residents to The Packing District and other key destinations efficiently. This ease of transportation not only enhances the appeal of The Edgewater but also ensures residents can reach various employment centers within ten minutes, encompassing the Maitland Center, Winter Park, and West Colonial submarkets.

With more than 115,000 multifamily units developed across the United States, Wood Partners has built a reputation for excellence in the field. Their portfolio reflects a commitment to quality, with approximately 25,000 homes owned across 80 properties nationwide. Furthermore, as one of the top multifamily developers in the country, they maintain an objective to improve lifestyles through the development of supportive and innovative residential communities.

To explore more about Wood Partners and to stay updated on their initiatives and future developments, visit their official website at woodpartners.com. The Edgewater represents an exciting opportunity for Orlando's residents and renters, and Wood Partners looks forward to making a positive impact within the community.

Conclusion


As construction progresses on The Edgewater, Orlando stands poised to gain a new enclave of luxury living that balances affordability with an exceptional lifestyle. Residents will soon be enjoying the benefits of lakefront views, upscale amenities, and a community designed to foster connections and modern living.

Topics General Business)

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