Avalon Park Orlando

Avalon Park Orlando (APO), Orlando, Florida, is the “original” Avalon Park. It is a small town, developed by Avalon Park Group (sitEX USA’s General Partner) over the last 25 years. Today, Avalon Park is home to almost 20,000 residents, with close to 5,000 residential units, over 150 businesses, 8 schools with over 10,000 students, 25 restaurants, several parks and public swimming pools, making it the model new urban town in Central Florida that has been developed from scratch.

sitEX owns two assets within Avalon Park Orlando:

1. The Encore Assisted Living buildings, for which there is no vacancy presently. The Encore philosophy of assisted living memory care is to provide personalized, resident centered care in order to meet individual preferences and needs.
2. sitEX further owns a 50,000 m² plot of land in Avalon Park Orlando, which is known internally as the “Flagpole Lot” due to a flag that is visible from afar. Our partner Stanley Martin will build around 100 townhomes on this plot over the next 18 to 24 months. On the remaining part of the plot, we plan to develop compact residential units with a target rental price of around USD 1,500 per month. In doing so, we aim to create affordable housing for the middle class while responding to the changing needs of the local market.