Wood Partners opens new luxury apartment community in Orlando

201

Wood Partners, a national leader in multifamily real estate development and acquisition, announced today that Alta Grande is officially open.

Located at 3512 Grande Reserve Way in Orlando, Alta Grande is the newest luxury apartment community to be developed in Orlando’s Tourism Corridor. With proximity to major employers such as Lockheed Martin, Marriott Vacation Club, Jet Blue, Starwood Hotels & Resorts, and the 650,000 square foot headquarters of Orlando’s only Fortune 500 company—Darden Restaurants—Alta Grande affords residents the ability to live, work, and play in the same location.

“Alta Grande is located within walking to distance to three excellent schools and convenient to some of Orlando’s leading employers and premier entertainment options,” said Bryan Borland, Managing Director for Wood Partners in Orlando. “The community is thoughtfully-designed and well-positioned to capitalize on the continued growth of Orlando’s Tourism Corridor, which has consistently proven to be Orlando’s deepest apartment submarket.”

The Tourism Corridor continues to be a focal area for new multifamily housing in Greater Orlando and the submarket continues to outperform many other areas of Orlando. With nearly 400,000 square feet of new Class A office development currently underway within one mile of the community—including the relocated headquarters of both the International Association of Amusement Parks and Attractions (IAAPA) and Orange Lake Resorts, home to Holiday Inn Club Vacations—Alta Grande is strategically-positioned to take advantage of this momentum.

Alta Grande consists of 314 one-, two- and three-bedroom units spread throughout ten three-story residential buildings. The units feature clean, modern finishes, including stainless steel appliances, granite countertops, glass tile backsplash, kitchen islands, soft-close kitchen cabinetry with under-cabinet lighting, ceiling fans in all living rooms and bedrooms, and walk-in closets.

Residents will have access to extensive indoor and outdoor amenities. A 2,3000+ square-foot saltwater zero-entry pool is the centerpiece of the exterior space, complimented by a covered outdoor kitchen, barbecue grills, pizza oven and hammocks, as well as a large, fenced dog park with dog washing station, bocce court and putting green. Inside, an integrated clubhouse creates a more urban, connected feel, featuring a 24-hour fitness center with new state-of-the-art equipment and an adjacent yoga and spin room, coffee bar, conference room, mailroom with package lockers, game room and a media center.

Pre-leasing began in May 2018 and Alta Grande welcomed its first residents in June.