KISSIMMEE – A multifamily apartment is on the rise within the City of Kissimmee. The GreenBarn Investment Group and Skyview Companies are moving forward with construction for a new 312-unit community on Beaumont Avenue.
The Allen Apartments are the first phase of the Beaumont Redevelopment Project. A 20-acre space that will fulfill the City’s long-term mission of adding more housing in the Downtown Kissimmee Community Redevelopment Area (CRA).
Back in 2018, the City of Kissimmee acquired this property from Osceola County with the purpose of fostering redevelopment, something that is consistent with the City commission’s goals for the CRA and the growing number of employers in the Medical Arts District. The City of Kissimmee and the CRA contributed $9 million to this $200 million project. The City’s funding is going towards infrastructure and other public facilities.
“This development marks a significant milestone for the City of Kissimmee, as we strive to create a more attractive lifestyle out here,” Mayor Olga Gonzalez said. “This is a public-private partnership that is bound to contribute to the strength of Kissimmee’s overall economy.”
The Allen which is crowning itself as “the Jewel of Kissimmee” will feature 1, 2, and 3-bedroom apartments at market rate for multi-family use and 16 units will be set aside under affordable housing.
This project will help expand the street grid and is going to improve the site’s connectivity with the HCA Florida Osceola Hospital. Aultman street will be extended all the way to North Clyde Avenue and Beaumont Avenue will be extended to Martin Luther King Boulevard and align with the hospital’s entrance.
The Allen is meant to enhance walkability by connecting people to a spectrum of living and working experiences, from existing established neighborhoods, through a vibrant mixed-use urban core, to a prospering medical campus and onward to a central downtown.
Phases 2 and 3 of The Allen will include residential, as well as commercial, retail and medical office space. Construction of the Allen will begin in mid to late May, with a full build out anticipated in mid to late 2024.
For more information about the City of Kissimmee visit, www.Kissimmee.gov.