Tampa-based Sembler Investments has filed construction plans for a 340-unit apartment complex in the Sunrise City mixed-use district in Kissimmee’s tourism corridor.
This would be the second multifamily community in Sunrise City, following the completion in 2018 of Integra’s Sunrise Parc.
Sembler’s 2nd Wave Development purchased the 11-acre site last year from master developer, Intram Investments, for $7.5 million. The property lies east of the Publix-anchored retail center, between Sunrise City Drive and Osceola Parkway.
Development Director Mark Sembler told GrowthSpotter the company was drawn to the Orlando market because of its strong economy, job growth and population growth