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Park Square adds 110-room hotel pad and fitness center to UCF-area retail site

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Park Square Enterprises  will announce a national fitness center anchor tenant this week that has been the catalyst for a complete re-envisioning of its plans for Park Square Plaza near UCF. When Park Square Homes CEO Suresh Gupta purchased the 12.5-acre site on the 12000 block East Colonial Dr . in 2016, he planned to develop retail  along the highway frontage and pursue rezoning for multifamily use. The college campus has attracted several multifamily developments recently, including the Core Spaces student housing development  and a second complex by Catalyst Development Partners that will mirror its  popular EOS Apartments .  Park Square had initially planned to seek rezoning for a 250- unit apartment complex .  Ali Mushtaq, senior adviser for SVN, told GrowthSpotter on Monday the developers were approached by a national gym tenant with a strong interest in locating there. The Guptas scrapped the apartments and filed a new retail- focused site plan last week with the St. ...

Orange Says No To Housing Near Ucf

Neighbors' Complaints Bout Noise And Crime Help Kill A 630-apartment Expansion Of The Quadrangle Development. March 24, 1999 | By Kevin Spear of The Sentinel Staff Homeowners near the University of Central Florida and developers were stunned Tuesday when Orange County commissioners denied requests to build more than 600 apartments near the college. The construction was opposed by neighbors who complained of noise, crime and unruly behavior at several hundred apartments built in recent years. In unanimous votes, commissioners rejected proposals to add 630 apartments to the existing 750 at the Quadrangle, a development of business, offices and apartments just outside UCF. ``I can't believe it - I'm absolutely floored,'' said Sue Eberle, who lives near the Quadrangle and helped lead opposition to apartment expansion. ``I always had hope, but this is beyond anything I had hoped for.'' Part of the shock stemmed from the fact that many of the proposed apartmen...

Gracepoint gifts senior residents with new home

SEMINOLE HEIGHTS — When Mary Myles became program manager of The Graham Home 25 years ago , 30 adults with special needs occupied 65 square-foot apartments. "It was tough on Mary when the place closed," said Gracepoint project manager Susan Morgan . "She'd be the one putting a bucket out when it leaked." Today, a partnership between Gracepoint and DDA Development has brought about a suitable replacement for the senior living facility . The Graham reopened last month and now Mary Myles sits in a corner office on the same property, overlooking a community garden and lush landscape. The 80 residents now occupy 646 square-foot apartments. No need for a bucket. "We wanted to create something better for them," Myles said. Gracepoint privately funded the project, the first affordable housing units Gracepoint built from the ground-up using low income housing tax credits and a loan from the state of Florida. "Mary had been making do with nothing,...