82.8 F
Thursday, June 17, 2021

Downtown Ocala in midst of residential construction boom

Downtown Ocala is in the midst of a residential construction boom.

After a recent decision by the Ocala City Council to approve a new 100+ apartment complex, and the upcoming opening of a set of the new Tuscawilla Artpartments, the city is poised to increase its residential housing offering by leaps and bounds over the coming months.

This comes in the wake of multiple commercial and residential constructions at various stages all throughout downtown Ocala.

At One Fort King, a new set of row houses has hopes to start construction and open in 2021. Located at 111 W Fort King Street, the new unit bills itself as 12 row houses, which differs from a townhouse in its arrangement.

One Fort King
One Fort King has already pre-sold 10 of its 12 luxury units in downtown Ocala

According to the leasing website, 10 of the 12 units have already pre-sold. The remaining units, which include 2 bedrooms and 2.5 bathrooms, will start at $289,000. Ray Design Development, owned and operated by Brian Ray, is the developer behind the project.

The Tuscawilla Artpartments constructed along NE Sanchez Avenue are currently looking for preregistrations. Those apartments, which include 1, 2 and 3 bedroom options, are adjacent to Tuscawilla Park.

Tuscawilla Artpartments at Tuscawilla Park in downtown Ocala Florida
Tuscawilla Artpartments at Tuscawilla Park in downtown Ocala Florida

In May, the Ocala City Council approved the construction of a new 100+ unit apartment building to be built along SE 8th Street, between SE Third Avenue and Osceola Avenue. Those apartments, which have been in the works for multiple years, will bring additional infrastructure improvements to a part of the downtown area known for stormwater drainage issues.

In addition to the city’s residential growth downtown, commercial growth has been just as impressive in recent months. Mellow Mushroom, Symmetry Cafe, Cantina Tex-Mex Restaurant, and District Kitchen & Bar all have plans to open locations in the downtown Ocala area over the coming months.