Our friends and allies over at Urbanista Orlando (Website), have been hard at work rounding up the latest occupancy rates of the downtown residential towers for us.
Data for Crescent Central Station, 420 Artisan, Sevens, and Lexington Court was not available yet at the time of this post.
Urbanista is a real estate and property management group that specializes in downtown living. They only work in urban, walkable markets like SoDo, Mills/50, Baldwin Park, College Park and other Bungalower neighborhoods.
Editor’s Note: 55 West recently had a drop in their percentage due to the opening of their new suites, which we wrote about HERE.
You can reserve an appointment to visit the Center, free of charge, and
look at the book yourself by contacting them ahead of time at the link
provided above.http://ethanproperty.com.au/regions/geraldton/
At the moment, it’s really just an ignored “between space” full of sand
piles from the nearby construction and tumbleweeds of trash blown in
from the street.[b][url=http://getmorebuyerleads.com/get-more-buyer-leads-pennsylvania-darragh-15625/ ]Real Estate Buyer Leads [/url][/b]
It appears that the plans for Tremont’s high rise on Church Street have
been greenlit and the project is moving forward. An Engineering permit
was issued on Tuesday, October 6 and the first building permit was
applied for on October 2.http://ethanproperty.com.au/regions/geraldton/
Property’s national support the local team
can focus on minimising vacancy rates, regular detailed inspections for
incoming and outgoing tenancies.
Officials hoping to bring a UCF campus to Downtown Orlando will be
presenting to the board governing the State University System of Florida
this Thursday.
I believe the figures, but occupancy could mean just the percentage of units rented, regardless if someone actually lives there.
I live downtown with no roommate. My building is a lot more diverse than people might think. Families, retired folks, young single people, etc.
I don’t doubt some buildings are filled, I just question the sources for the statistics.
Yeah, I lived in the Paramount for years and my biggest headache was waiting for the elevator because there were so damn many people in the building.
Skyhouse would be higher if they actually cared what their grounds and landscaping looked like.
I think this list is only for apartment rentals. Waverly, Vue, Sanctuary, Star Tower, etc. are all condos owned by owners.
But this can’t be true. Everyone who doesn’t live here tells me the buildings are all empty.
I agree. I live in one of them and am afraid of how fast the market rate in this area is going up.
I think there is definitely demand. My criticism of these residential towers is that there needs to be housing for a diverse range of incomes. These buildings only seem to serve higher income brackets.
I didn’t see The Waverly or The Vue listed
that’s a fantastic idea, rather than looking at a rent roll. I am sure all the night shift nurses have left their lights on for their cats.
No one I know that lives downtown has roommates. Of course there surely are people that do, just wanted to a add color to your statement. I would be very surprised if downtown had a higher percentage of roommate living situations vs suburbanites
I can’t speak for any other building downtown, but here at the Vue our parking garage is pretty damn full. One could safely assume garage occupancy is proportionate to unit occupancy. Also, there are a lot of people out and about on weekdays at 9pm.
If those people are out then the streets surely will be crowded with people so it should be easy to tell.
NYC residential high rises are lit up a night.
Except, since they’re living in a walkable downtown, they might have walk out to get food or drinks, to a movie or the park, or visiting friends around the corner. You know, enjoying the benefits of downtown living.
If these numbers are accurate, I’ll also believe Kim Kardashian hasn’t had any plastic surgery. Lol
Coming from someone in the property management career – if you call a property and ask for a market survey, they’re always going to juke the stats to make themselves look good. And btw – I don’t see Lake Ivanhoe Shores on there.
Bungalower ekovar http://twitter.com/siliconorange/status/638748289324687360/photo/1
ekovar how so?
Bungalower your numbers are inaccurate
You need to check with Charles Wayne, Inc.
Reminds me of when I read an article about how almonds are good for you according to a study funded by almond growers.
If you want an idea of how many people are living in a high rise the old trick is to drive by around 9pm and see how many places are lit up.
Chris Crawfish. This might change your mind about downtown uber-ing
Everyone I know who lives in those have a few roommates
Impressive, now let’s get some retail in some of the mixed use places
Andy Pokrivnak
Good to know because I’m tired of people commenting about “another tower sitting empty” everytime new construction is announced. The fact is, the demand is there and people do live downtown.
That’s great for those that can afford to live in those places.