Allen Morris, Ustler Development Open $108M Julian Apartments at Creative Village in Orlando
ORLANDO, FLA. — The Allen Morris Co. and Ustler Development Inc. have opened The Julian Apartments at Creative Village in downtown Orlando. Located at 462 N. Terry Ave., the $108 million, 14-story multifamily community features 409 units, 6,000 square feet of ground-floor commercial space and a parking garage.
The Julian is the first market-rate apartment building with proximity to the University of Central Florida and Valencia College’s downtown campus, according to the developers. The project is part of the larger $650 million mixed-use development known as Creative Village.
The Julian offers studio, one-, two- and three-bedroom residences that range in size from 412 to 1,307 square feet. Monthly rents range from $1,275 to $2,950. Currently, residents can earn up to three months of free rent on select units.
Amenities include collaborative space on each floor, a front porch overlooking the 2.5-acre Central Park, a rooftop pool, fitness facility and interior courtyard.
Asset Living is the property manager for The Julian. Baker Barrios served as architect and Brasfield & Gorie was the general contractor.
Creative Village is a transformation of the former Amway Arena site. The former home of the Orlando Magic closed in 2010 and demolished in 2012. The Creative Village project is a public-private partnership between the City of Orlando and the master developer, Creative Village Development LLC.
“Forging public and private partnerships has been key to transforming 68 acres of vacant, city-owned land into Creative Village, a mixed-use innovation district that provides residents with new paths to education, careers, business, housing and community,” says Orlando Mayor Buddy Dyer.
Allen Morris has several offices in Florida and specializes in the development of office, multifamily, hotel and mixed-use projects, as well as leasing, brokerage and property management services. Ustler has developed or co-developed more than $450 million in downtown Orlando projects.
— Kristin Hiller