Gardner Capital, a personal equity company that specializes in multifamily housing and renewable energy progression and investment, awaits the opening of Sanford’s first new housing complex in several years in October. Built on the site of the former public subdivision of Redding Gardens, Georgetown Square will prioritize former Residents of Redding Gardens.
Seniors interested in the new Georgetown Square site, which will be at 400 S. Locust Ave., can start requesting accommodation starting Monday. The $14.8 million apartment complex, funded primarily through housing credits, will feature 90 one and two bedroom apartment homes.
The Sanford Housing Authority and Duvernay-Brooks served as progression partners for the allocation and general contractor services of Winter Park Construction. Stratford Capital and TD Bank are monetary partners for progression.
“We are proud to launch Sanford’s first housing complex in years and look to the future to reveal the transformation of this site into a network of trendy apartments this fall,” said Michael Gardner, president and CEO of Gardner Capital. “We hope this will be the beginning of a more mandatory housing progression in this area.”
Royal American Management will be the genuine real estate manager of Georgetown Square Senior Apartments, which will feature a fitness center, library, indoor picnic area, multi-purpose room, walking trail and networked garden.
The Orlando Housing Authority (OHA) will settle for online pre-applications for the waiting list for the Georgetown Square Project-based program on August 31, 2020 in www.orl-oha.org. Or requests can be made by calling 321.243.9150.
About Gardner Capital Gardner Capital is a personal equity firm with several operating corporations focused on affordable housing and renewable energy progression, tax credit syndication and genuine real estate investments with offices in St. Louis, Dallas, Houston and Orlando. Since 1992, Gardner Capital has invested more than $3 billion in equity in affordable housing and similar investments. In recent years, Gardner Capital has added a fast-growing national platform for sun progression and investment and has expanded its commitment to renewable energy and sustainability through its investment platform and operating corporations. Gardner Capital is committed to investing in communities and family well-being through development, investment and capital raising for affordable housing and blank energy businesses. Visit www.gardnercapital.com for more information. For information, contact: Chief of Staff, Gardner Capital Corporate, Mike Koehler 314-561-6065mkoehler@gardnercapital.com
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