Here’s what we know about a new Baldwin Park project

ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.

Atlanta-based Gables Residential intends to build more housing in Orlando’s popular Baldwin Park neighborhood

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A planned 230-unit apartment complex, slated to be built on 2.47 acres at 1801 Prospect Ave., could cost about $57.5 million, based on industry standards.

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Why this matters: Construction of new apartments in metro Orlando creates jobs and opportunities for contractors and suppliers, and adds inventory in the region, which has seen a spike in rental rates due to high demand for multifamily housing.

Click here to read the full story on the Orlando Business Journal’s website.

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