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Universal unveils some details of affordable housing project in tourist district

Universal Orlando revealed the most detailed vision yet of the affordable housing project that it promised back when it was seeking local tax money from Orange County to build a road to “Epic Universe,” a new theme park.

Universal Orlando Selects Affordable Housing Developer

Universal Orlando Selects Affordable Housing Developer April 13, 2021, 12:43 PM · The Universal Orlando Resort has selected Wendover Housing Partners to develop Universal s affordable housing project for the central Florida community. Universal announced the project last year, saying it would donate 20 acres near International Drive for the project, which will include 1,000 high-quality apartments as well as 16,000 square-feet of retail space. Universal has transferred ownership of the land to a non-profit called Housing for Tomorrow, which will serve as master developer and provide the land to Wendover on a $10-a-year, 55-year lease to design, build and manage the community. Seventeen developers submitted proposals for the project, with Universal selecting Wendover. Wendover will seek its own financing for the development, which will move forward with design help from Universal Creative. Housing for Tomorrow will set the guidelines for the project and the agreement requires a

Universal Picks Central Florida s Wendover Housing Partners to Develop Its Affordable Housing Community - Central Florida News

3 hours ago by Danielle Prieur (WMFE) Photo: Universal Housing Stay tuned in to our local news coverage: Listen to 90.7 WMFE on your FM or HD radio, the WMFE mobile app or your smart speaker say “Alexa, play NPR” and you’ll be connected. Universal Parks and Resorts in Orlando has chosen Wendover Housing Partners to build its affordable housing community near the I-4 corridor. Universal donated 20 acres of land to the project last year.  Altamonte Springs-based Wendover Housing Partners will begin construction on the 1,000 apartments and 16,000 square feet of retail space in late 2022.  At least 75 percent of the units will be dedicated as affordable housing. 

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