202 Acres of Coffee Shops, Apartments and Lakes Coming to College Park

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Named after the some of the citrus packing houses demolished to make way for The Packing District, The Parking District will be built near College Park at the corner of Princeton Street and Orange Blossom Trail. Construction begins in 2018.

What's to be expected is "a mix of residential and retail offerings that may include apartments, townhomes, commercial office space, a grocer, coffee shop, brewery, etc.” It will also contain a 100-acre park with urban trails, tennis center, bike trails, running trails, an amphitheater, and an urban farm. Construction is expected to begin in 2018 and go one for 10-15 years.

Dr. Phillips Inc. is behind the project. City of Orlando would pay Dr Phillips Inc $30 million to make improvements on and around the 202 acres. However, it will take 25 years just to earn $121 million back in taxes. Read more Here and Here.