For many of us, it has been a long time coming. For a few, this is recent news.
The Publix located on the ground floor of The Paramount (17 E. Lake Avenue Orlando FL 32801)will be open for business this Saturday 9/6/08 at 8am. I have heard that there is basement parking for customers but have not been able to confirm this myself as of yet. Elevators will take you up and down from your car to the shopping floor. There will also be many prizes and giveaways for the ceremony.
I think this will be a great addition to the growing Orlando condo market and the Publix will gain a healthy following from local downtowners and businesses during the week.
So the verdict is in for all of those folks that wanted to know what happened at March 1st’s auction for Solaire condos. Before we begin, here are some of the facts:
- Appx 150 people registered and were in attendance for this event
- Auction lasted about an hour and a half
- 1br units started at 170K and 2br units started at 250K
- 42 units were available for sale(what was advertised)
- 30 units total sold
- No spectacular, once in a lifetime deals emerged(surprise surprise)
I was not able to attend this auction but have done quite a bit of reading up on the subject. Basically, I think this event shows that we’re feeling a false bottom in the downtown Orlando Condo market. The interest of living a metro-urban lifestyle is there but
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If getting groceries on the way home from work is something that’s been a chore for those who live downtown currently, your frustrations should be over by mid year 2008. A Publix supermarket will be outfitted on the ground floor of the new 16-story mixed use project Paramount on Lake Eola. This should be a nice accent to the city’s growing downtown area and convenient for those who typically had to drive miles out of the way to do their shopping.
Zom Realty Services Inc. of Orlando revealed plans for the south side of downtown development on Orlando’s Lake Eola in 2004.
What a relief!
