BAB Grande Pines Owner LLC has purchased two fairways on the former Marriott Grande Pines Golf Club for $7 million.
With this purchase, the developer can begin work on its planned $52 million, 322-unit Bainbridge Grande Pines apartment complex.
According to Orlando Business Journal, the project will feature eight four-storey buildings with elevators, plus an 8,500 sq. ft. clubhouse and resort style swimming pool overlooking the lake.
BAB Grande Pines Owner LLC is an entity related to Wellington based The Bainbridge Cos. LLC, is a fully integrated family of real estate companies engaged in the development, construction, management and acquisition of residential and commercial real estate, as well as a leading owner, developer and manager of luxury multifamily apartment communities in the eastern United States.