Apartments planned for Lake Ivanhoe

The skyline for Lake Ivanhoe and north downtown Orlando could change with plans for 10-story apartments.

Alliance Realty Partners submitted plans to Orlando for 288 units with ground-floor space for live/work apartments near 1620 North Orange Avenue and 301 N. Ivanhoe Blvd. As proposed, it would be called Broadstone Lakehouse.

The entire building will be constructed out of new system of sandwiching two large-scale concrete slabs in a way the expedites construction and shifts all the load-bearing requirements to the exterior walls.

“It will take 14 to 16 months with this and, with most systems, it would take 20 to 24 months,” said Bill Finfrock, president of Finfrock construction and design firm. The company used the new system at its hotel, Hyatt House Naples, and also at a $130 million student housing project that will add 2,150 beds to the University of South Florida campus in Tampa. The concrete system is also the frame for Alliance Residential’s Broadstone Winter Park apartments at Ravaudage.

Known for constructing structured parking, Finfrock has expanded into multi-family and hotel projects using the system, he added.

One unique aspect of the proposed Broadstone Lakehouse will be the views of Lake Ivanhoe from a glass enclosed elevator with parking stacked inside the buildings, Finfrock said.

The project would be the latest of several residential projects planned for the area that is framed by Interstate 4 and loosely known as the North Quarter.

Another project proposed for the North Quarter, being called The Yard at Ivanhoe or Ivanhoe Place, would bring 630 apartments as well as retail shops to Alden Road and Virginia Drive. Described as bringing together “industrial heritage” and an established neighborhood, the project by Real Estate Inverlad is in the early construction phases.

And nearby, a team including designer Phil Kean has proposed élan at Marks. As planned, it would feature 10 townhomes with four stories, garages, small yards, two or three bedrooms, elevators and rooftop terraces on about a third of an acre of property near Lake Highland Prep and just east of North Magnolia Avenue.

Click here to read the article on Orlando Sentinel.