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Florida & Gulf Coast  + Central Florida  + Apartments  |  June 11, 2021
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By: David Cohen

JV Announces $54M Second Phase of Orlando Apartment Project

A joint venture between American Landmark and Miami-based Dezer Development has announced the $54.3 million second phase of Deseo Grande, a 730-unit multifamily community in Orlando.

Deseo Grande, a $108 million development, is located at 5250 International Drive, next to Dezer Development’s new indoor entertainment complex Dezerland Park Orlando. Phase 1, which broke ground in September 2020 on the site of the former Artegon Marketplace, includes 365 one-, two-, and three-bedroom apartment units in a five-story, elevatored building, along with resort-like amenities and a parking garage. Phase 2 will add another five-story building with 365 apartments for a total of 730 apartments on the nearly seven-acre site.

Construction on the second phase is slated to begin fall 2021, with BCC Construction serving as general contractor.

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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