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Transactions - OCTOBER 28, 2021

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Onicx Group breaks ground on $65m apartment project

by Released

Onicx Group has broken ground on its $65 million apartment project, which is part of a $200 million mixed-use development in Orlando’s Lake Nona Market.

The property will feature 335,000 square feet of class A residential apartments, including a swimming pool with outdoor kitchen and recreational area, fitness center with spin/yoga room, business center with individual workstations, detached garages, and a playground. The apartments will range in size from one to three bedrooms. With construction now under way, the project is estimated to be completed in early 2024.

Situated adjacent to a nature preserve, the project is the first to break ground in the larger East Park Village Development that will include a medical office building, a hotel and retail spaces. It was designed by The Lunz Group, a Lakeland, Fla.-based architectural firm.

Bradley Lunz, president of The Lunz Group, said, “As a firm, we believe that the focus in multifamily design should be on cr

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