Lincoln Property Co., the same developer behind the award-winning Truist Tower and Church Street Plaza, is eying a vacant lot across from the Lake Eola amphitheater for a mixed-use tower, according to a report in GrowthSpotter.
The 1-acre site includes two parcels: 170 E Washington St., which was previously approved for a Cambria Hotel project, and 137 Wall St., which has a parking lot and condemned office building for St. George Orthodox Church, which was built in 1926.
Scott Stahley, executive vice president of Lincoln’s Florida office, filed an Appearance Review Board application last month hoping to get on the board’s October agenda for a courtesy review but later withdrew the request and renderings with plans to resubmit in a few months.
Graham Oakley with Baker Barrios is the lead designer and described the project as a 305-foot tower that would combine 364 residential units with a hotel and commercial space.
The Orthodox church recently received a demolition permit from the city to raze the office building. The property on Wall Street includes a parking lot with 38 spaces. It’s anticipated that any deal between Lincoln and the church would include parking and potentially replacement offices or other church space.
Currently, the lot at Washington and Rosalind Avenue is vacant. In 2018, a joint venture between California-based Stratus Development Partners and Sunny Isles Beach-based developer HB Capital Group, purchased the lot for $3 million with plans to build the 155-room Cambria hotel.
Orlando’s Municipal Planning Board approved plans for the eight-story hotel in 2017. About a year later, the joint venture revised design plans. They tweaked the design a third time in 2019 but never moved forward with the project.
Officials with Lincoln declined to comment on the Lake Eola tower. The company is on track to break ground in the first quarter of 2024 on The Edge, another collaboration with Baker Barrios. It’s the second phase of the Church Street redevelopment that Lincoln started with its award-winning Truist Plaza.
At 32 stories, the Edge tower is bigger and taller. It will have 234 luxury apartments, 200,000 square feet of office space and a 10-story parking garage and some ground-floor retail in the lobby.
It will rise on the site of the former Church Street Ballroom and will incorporate a restoration of the adjacent Orchid Garden as a 20,000-square-foot food hall. Lincoln demolished the ballroom earlier this year, taking care to salvage as much of the building and its fixtures as possible.
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