On the market: Downtown Orlando site in Creative Village

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A 150,000-square-foot, 1.7 acre downtown Orlando site in Creative Village — which can accommodate 250 multifamily units — is approaching an offer deadline this Friday.

The offers due July 28 on “Parcel U” are expected to be delivered on a letter of intent basis. They should be directed to JLL’s Matt Wilcox at Matt.wilcox@am.jll.com and must include:

  • Purchase price, buyer’s name and contact information
  • An outline of buyer qualifications or resume of similar projects
  • General description of the buyer’s plans for the parcel
  • Earnest money deposit and timeframe to nonrefundable status
  • Proposed schedule for due diligence and closing
  • Any assumptions which affect the price being offered
  • Contingencies, including committee approvals, required to close the transaction

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