Property for high-rise project in Ivanhoe Village sells for big bucks

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

The 1.6-acre property near downtown Orlando where a Tampa developer is hoping to build a 14-story apartment tower has sold.

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Orange County records show Parkview Ivanhoe LLC, an entity registered to executives for Tampa-based Richland Capital, paid $8 million to Florida League of Cities Inc. for the property at 68 S. Ivanhoe Blvd. in a deal that closed Aug. 29.

The vacant parcel, currently used for surface parking, is where Richland has plans for a 312-unit apartment tower with 6,239 square feet of ground-floor retail space and a five-level parking garage.

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