Work to start on downtown apartment project

Source: Orlando Business Journal
http://orlando.bizjournals.com/orlando/stories/2008/09/29/daily22.html?surround=lfn&brthrs=1


Lane Florida LLC plans to start construction Oct. 1 on a high-rise apartment project, the first of three slated by the firm in downtown Orlando.
Plans for The Montage — a $50 million, 19-story luxury tower on Lake Avenue — include 183 rental units, 8,000 square feet of retail space and a 24-hour controlled-access fitness center and club room, according to a news release.
The developer plans to seek Leadership in Energy and Environmental Design (LEED) silver status from the U.S. Green Building Council, the release said.
Orlando-based Stillwater Technologies Inc. is the engineer, Houston-based EDI Architecture Inc. is the architect and Maitland-based Winter Park Construction is the general contractor. The project is expected to be completed in spring 2010.
The Montage is downtown’s only apartment high-rise slated to begin construction this year, the city of Orlando said in a statement announcing the groundbreaking ceremony.
Lane Florida, a subsidiary of Atlanta-based Lane Co., also is building Verano Apartment Homes in Osceola County near Walt Disney World.
The firm owns one and a half city blocks on Lake Avenue between Pine and Mariposa streets. The second and third towers are each planned with ground-floor retail space and would have a combined 366 apartments. Construction is expected to start in 2010.
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