Universal Orlando's new neighbors
By Leah Zanolla
Jan 9, 2010
A new housing complex is planned for land directly adjacent to Universal Studios Orlando. The developers of the 330-apartment complex plan to attract Universal employees as renters. Epoch Properties, a Winter Park developer, is hoping that Landmark Luxury Apartments will be affordable housing for many of Universal's hourly workers. One of the most enticing things about this location is the location itself. According to Kyle Riva, president of Epoch, "Our drainage for this property goes into the Jaws lagoon. We are literally on site."
The developer did have to make some interesting concessions in order to secure this deal. According to the Orlando Sentinel, Epoch had to waive their right to object - or support other's objections - to "the emission of pyrotechnics, noises, light, smells, odors and/or vibrations" from Universal's property. They are also not allowed to use the land to advertise any competing theme parks, like Disney or SeaWorld.
The first units are planned to open in 2011. Discounts will be given to Universal employees and rents will range from $900/month to $1,400/month. Space is not limited just to Universal employees.
By Leah Zanolla
Jan 9, 2010
A new housing complex is planned for land directly adjacent to Universal Studios Orlando. The developers of the 330-apartment complex plan to attract Universal employees as renters. Epoch Properties, a Winter Park developer, is hoping that Landmark Luxury Apartments will be affordable housing for many of Universal's hourly workers. One of the most enticing things about this location is the location itself. According to Kyle Riva, president of Epoch, "Our drainage for this property goes into the Jaws lagoon. We are literally on site."
The developer did have to make some interesting concessions in order to secure this deal. According to the Orlando Sentinel, Epoch had to waive their right to object - or support other's objections - to "the emission of pyrotechnics, noises, light, smells, odors and/or vibrations" from Universal's property. They are also not allowed to use the land to advertise any competing theme parks, like Disney or SeaWorld.
The first units are planned to open in 2011. Discounts will be given to Universal employees and rents will range from $900/month to $1,400/month. Space is not limited just to Universal employees.
