2003 Multifamily Executive Awards Winners

Best in Class: Multifamily Executive Honors the Industry's Best Projects and Innovators.

10 MIN READ
Project: 11 E. Forsyth, Jacksonville, Fla.

Project: 11 E. Forsyth, Jacksonville, Fla.

PROJECT OF THE YEAR: NICHE MARKET
Custom Finishes


Project Snapshot-
Project: Mirasol at Celebration
Location: Orlando, Fla.
Developer: GDC Properties
Opening Date: May 2003
Number of Units: 205
Unit Mix: One bedroom to two bedroom with study, den, or studio
Average Monthly Rent: $1,000 to $2,500
Amenities: Custom home finishes, concierge services, massage staff, health club with personal trainers, library, business center, conference room, billiards room, day spa, pool, courtyards, social lounge, cafe, and guest suite

With the first wave of baby boomers entering the 55-plus active adult market, it’s important to provide the right mixes of service and style. Mirasol at Celebration, part of the traditional neighborhood development of Celebration in Orlando, Fla., was designed and constructed to specifically target this exploding market of active seniors who seek a highly finished home, grade-A amenities, and superior service.

The developer interviewed active seniors to get direct feedback on what design elements, unit features, and amenities they desire in their new home. The result: a community that offers custom-home finishes, average unit size of 1,600 square feet, eat-in kitchens with windows, walk-in showers and dual vanities in master baths, raised electrical outlets, and elevator service to most units.

The Mediterranean resort-like community includes massage and day spa staff and personal trainers.

About the Author

Les Shaver

Les Shaver is a former deputy editor for the residential construction group. He has more than a decade's experience covering multifamily and single-family housing.

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