New Luxury Apartments at Rafina Master Plan Community
Optimizing GROWTH IN DAVENPORT, FLORIDA
THE PROJECT: In August 2020, Catalyst Development Partners broke ground in Davenport, FL - a highly desire-able South Orlando submarket - to develop a 280 unit, Class A community featuring one, two and three bedroom apartments ranging from 707 to 1,248 square feet of living space. This luxury multi-family community is positioned within the mixed use project of Rafina which will also feature quality retail, while being walkable to Publix-anchored neighboring retail site. This multi-family product will be highly amenitized, with upscale finishes and good site planning to take advantage of lakefront views. With growing demand from the rental population, product will be attractive to broad demographic to live within a commute accessible location. Inspired by lakefront views and the beauty of nature the project was named Lirio, which is latin for water lily.
THE CATALYST: Identifying developments with a strong path of growth is a critical component to CDP ventures. As a sub-market of Orlando, and at the edge of Champions Gate, the Davenport district is experiencing a spike in demand from a vast demographic that desires upscale apartment living. This project capitalizes on the best of Catalyst’s cutting-edge amenities, technology and finishes seen within some of our other Orlando developments, such as The Blake and CODA.
Lirio offers one, two and three-bedroom apartment homes ranging from 707 to 1,248 square feet of living space, with smart home technology features. Interior finishes include gourmet kitchens with granite counters, table-sized islands, stainless steel appliances, wood-inspired flooring, walk-in showers and spacious closets.. Each home includes full-size washers and dryers and most units feature patios and balconies with phenomenal lake views.
The community offers residents high-end amenities, including a 24-hour Fitness Club with interactive cardio equipment and high intensity interval training (HIIT) equipment; comfortable co-working spaces for collaborative meetings; and a grand clubhouse. Outdoor resident amenities feature a resort style pool; Summer kitchen with gas grill stations, pub-style dining areas; semi-private cabanas with garden daybeds; and outdoor entertainment retreats. As a pet-friendly community, Lirio will include a full service dog-spa and an enclosed dog park.
PROJECTED RESULTS: Located at 1008 Laguna Loop; Davenport, FL, 33896, this 12.5-acre site is positioned just off Osceola Polk Line Road within close proximity to I-4 at Champions Gate. Lirio began pre-leasing May 2021 with first move-ins July 2021. Construction was completed by end of 2021 being fully pre-leased. Lirio was purchased by Preferred Apartment Communities in February 2022.
Additional information on this project available at LirioApts.com.
VIDEO: LIRIO LUXURY SMART HOME APARTMENTS
