Orlando-based Roger B. Kennedy Construction has broken ground for the Drake Midtown Apartments in Orlando’s Lake Mary submarket for Unicorp National Developments Inc., Orlando.
Valued in excess of $65 million, the upscale, five-story, 263-unit apartment community is adjacent to the site of Unicorp’s announced Griffin Farms at Midtown, a town center to consist of 150,000 sq. ft. of retail and more, the contractor says in a news release.
Slocum Platts Architects, Orlando, designed the apartments which will also feature two clubhouses, and completion is slated for June 2018. Goldman Sachs Bank USA provided financing for the apartments. This project will mark over 1,000 apartment units constructed in partnership between Roger B. Kennedy Construction and Unicorp National Developments over the past four years. Most recently, in December 2016, the firms completed the Zen Luxury Living Apartments adjacent to the Hyatt Regency Grand Cypress in Orlando.