We share the collective vision that this will be the market leading property in one of the most highly desired submarkets in Orlando.
Orlando, Florida (PRWEB) October 15, 2014
ZOM, a leading luxury multifamily real estate developer, and its joint venture partner, AIG Global Real Estate, recently completed the land purchase to develop Baldwin Harbor, a 483-unit luxury lakefront community in award-winning Baldwin Park, Orlando’s most prestigious master planned community. With two spectacular waterfront parcels adjacent to the Village Center’s “Main Street”, Baldwin Harbor will bring a unique product and mix all housed in architecturally distinctive residential buildings. Construction financing was provided by J.P.Morgan Chase Bank.
Baldwin Harbor will feature two four-story buildings with integrated secure structured parking. The apartment homes are thoughtfully planned around lushly landscaped courtyards and an elaborate motor court entrance, with spacious and functional units featuring a stylish and contemporary design. Other cutting edge features include USB port compatible outlets, keyless entry locks and remotely programmable NEST thermostats. From the moment residents arrive, they will enjoy a hotel-style experience with a grand clubhouse with two private resort-style pools ideally designed for both entertainment and relaxation.
“This is ZOM’s second joint venture with AIG,” said Greg West, ZOM’s Chief Development Officer. “We share the collective vision that this will be the market leading property in one of the most highly desired submarkets in Orlando.”
Residents can expect to enjoy the most expansive and cutting edge amenity-rich package in the market, encouraging an active and social lifestyle. Unique amenities include a grand clubhouse with an e-lounge and entertainment kitchen, pool with cabanas, summer kitchen, and a golf simulator.
ZRS Management, LLC will provide property management. Pre-leasing will begin in Fall 2015. The multifamily group of CBRE Orlando represented the seller in connection with the land purchase.
ZOM is one of the most highly regarded luxury multifamily developers in the United States, and has joint ventured or directly developed over 15,000 apartment units nationwide, with an aggregate value in excess of $2.1 billion. Throughout its 30 year history, ZOM has garnered more than 100 industry awards including recognition for project design and development expertise. ZOM was awarded the highly coveted Pillars of the Industry award by the National Association of Homebuilders for developing the “Best Garden Apartment Community” in 2010. ZOM is headquartered in Orlando and has regional development offices in South Florida, Dallas, and Washington D.C. ZOM currently has over 3,600 units in development. For more information on ZOM’s multifamily portfolio, visit http://www.zomusa.com.