{"id":368711,"date":"2026-08-11T20:42:11","date_gmt":"2026-08-11T20:42:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/368711\/"},"modified":"2026-08-11T20:42:11","modified_gmt":"2026-08-11T20:42:11","slug":"hourglass-district-could-get-27-home-rental-community","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/368711\/","title":{"rendered":"Hourglass District could get 27-home rental community"},"content":{"rendered":"<p>An unusual proposal from Orlando-based firm <a href=\"https:\/\/interstructinc.com\/\" rel=\"nofollow noopener\" target=\"_blank\">Interstruct Design + Build<\/a> to unify 10 properties in Orlando\u2019s Hourglass District was brought before the Orange County Technical Review Group on Aug. 5. Dubbed the Francis Park Land Use Plan, the project would bring pieces of a residential portfolio assembled over nearly two decades under one development framework. Ultimately, the complex would have 27 rental units.<\/p>\n<p><a href=\"https:\/\/interstructinc.com\/portfolio\/francis-park-townhomes\/\" rel=\"nofollow noopener\" target=\"_blank\">Some of the units are already built<\/a>, while others would be built over time. If the rezoning goes through, Interstruct would maintain the development\u2019s shared infrastructure and ungated recreational areas, which would be available to all tenants.<\/p>\n<p>The proposal arrives as Orange County prepares another attempt to enact <a href=\"https:\/\/www.orangecountyfl.net\/PlanningDevelopment\/ComprehensivePlanning\/Vision2050.aspx\" rel=\"nofollow noopener\" target=\"_blank\">Vision 2050<\/a>, its long-range plan for managing growth while encouraging affordable housing, protecting established neighborhoods and directing development toward appropriate areas.<\/p>\n<p>County commissioners adopted Vision 2050 and its accompanying development regulations, Orange Code, in June 2025. But the <a href=\"https:\/\/www.orlandosentinel.com\/2025\/09\/09\/orange-county-fights-new-state-law-aims-to-save-vision-2050\/\" rel=\"nofollow noopener\" target=\"_blank\">Florida Department of Commerce declared the plan null and void<\/a> the following month, citing conflicts with a new state law. Orange County has continued reviewing development under its existing comprehensive plan and zoning code while preparing to readopt Vision 2050. Public hearings on the vision plan are scheduled before the Local Planning Agency on Aug. 20 and the County Commission on Sept. 29.<\/p>\n<p>Though Vision 2050 is not in effect, its approach to housing became a central point of discussion during the county\u2019s review of Francis Park.<\/p>\n<p>Interstruct wants to rezone 1.49 acres from a residential district that allows houses and duplexes to planned development. The project would place a mix of detached houses and duplexes on properties along Francis Avenue and Vine Street.\u00a0<\/p>\n<p>Orange County would classify the homes collectively as one multifamily rental development under common ownership and management, even though each would meet single-family construction standards.<\/p>\n<p>The planned density is approximately 18 units per acre, with 40% of the homes, or about 11 units, reserved as attainable housing. Orange County defines attainable housing as homes serving households earning between 120% and 140% of the area median income. The county has not yet established the income limits, rents or length of the restrictions that would apply to the Francis Park homes.<\/p>\n<p>Interstruct also wants waivers from county requirements governing building height, setbacks, landscape buffers, parking design, open space, impervious surfaces and landscaping.<\/p>\n<p>Some of the 10 parcels are separated by conventionally zoned properties outside Interstruct\u2019s control.<\/p>\n<p>\u201cIt\u2019s unprecedented,\u201d said Bryan Salamanca, an Orange County Zoning Division planner who participates in development reviews. \u201cI don\u2019t think we\u2019ve had a PD in the past where it jumps lots.\u201d<\/p>\n<p>County staff would therefore evaluate some setbacks and other standards according to the conditions surrounding each lot.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\" lazyautosizes lazyload\" alt=\"The 10 parcels included in the Francis Park Land Use Plan, shown in blue, are scattered along Francis Avenue and Vine Street in Orlando's Hourglass District. Interstruct proposes treating them as one 27-unit rental development despite intervening properties outside its control. (Orange County Property Appraiser)\" width=\"947\" data- src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/08\/TGS-L-Interstruct-Francis-Park-01_8c4adf.jpg\" data-attachment-id=\"112224\" \/>The 10 parcels included in the Francis Park Land Use Plan, shown in blue, are scattered along Francis Avenue and Vine Street in Orlando\u2019s Hourglass District. Interstruct proposes treating them as one 27-unit rental development despite intervening properties outside its control. (Orange County Property Appraiser)<br \/>\nAttainable housing process unresolved<\/p>\n<p>Interstruct began pursuing greater density in exchange for attainable housing before submitting the current proposal.<\/p>\n<p>Katy Magruder of Longwood-based <a href=\"https:\/\/www.dixhite.com\/\" rel=\"nofollow noopener\" target=\"_blank\">Dix.Hite + Partners<\/a>, Interstruct\u2019s planning consultant, said she and the property owner met with Orange County housing officials in March about obtaining the required certification. They were told no certification procedure was available for the proposed density increase, even though Vision 2050 contemplates additional density for developments that include affordable or attainable housing.<\/p>\n<p>County planning staff said approximately 12 units per acre would generally be appropriate for the surrounding residential neighborhood. Vision 2050 could allow as many as 20 units per acre for qualifying projects, but staff cannot base its review on a plan that is not in effect.<\/p>\n<p>\u201cWe\u2019ve tried, and they don\u2019t have a process,\u201d Magruder said. \u201cSo, I don\u2019t know. It\u2019s sort of a stalemate.\u201d<\/p>\n<p>Interstruct assembled properties over two decades<\/p>\n<p>Interstruct\u2019s history in the Hourglass District began in 2006, when co-founder and CEO Ryan Young built a loft-style home at 1316 Francis Ave. Young has said the neighborhood appealed to him because of its small houses, comparatively large lots and proximity to downtown Orlando.<\/p>\n<p>A little-used Masonic Lodge stood on an adjoining property surrounded by an open lawn. Interstruct acquired the site in 2015 and built the first three Francis Park townhomes there. A second three-unit phase, completed in late 2020, brought the development to six three-story townhomes of approximately 2,200 square feet each.<\/p>\n<p>Meanwhile, the company continued acquiring properties nearby. By 2018, its holdings included five rental houses on Francis Avenue as it considered further development in the neighborhood. The portfolio eventually included a house at 2218 Vine St. Interstruct said it waited three years for a county variance before completing the conversion.<\/p>\n<p>The proposed development would expand Francis Park by bringing 10 parcels under a single plan. This would include Young\u2019s home at 1316 Francis Ave., which he still owns. Interstruct LLC owns the other nine.<\/p>\n<p>The 10 properties have a combined just value of $2.43 million, including $1.77 million attributed to the land, according to 2025 property appraiser data. Interstruct\u2019s most recently documented purchase was 1321 Francis Ave., acquired for $155,000 in December 2024.<\/p>\n<p>The proposal will face its first neighborhood audience Aug. 31, on the request of District 3 Commissioner Mayra Uribe.<\/p>\n<p>\u201cAs you can tell, these are surrounded by single-family detached homes. While I\u2019m all about infill, I\u2019m not about changing the character of neighborhoods unless that neighborhood agrees. There\u2019s still a thing called consistency when you talk about the value of homes,\u201d she told GrowthSpotter. \u201cThe one thing that always gives me reservation is once we approve a land use, it doesn\u2019t mean that developer\u2019s going to build it. You know how many times properties get sold from developer to developer, and then they completely change the scope of what they said?\u201d<\/p>\n<p>No decision will be made at the meeting. The rezoning will later proceed to public hearings before the Planning and Zoning Commission and County Commission.<\/p>\n<p>Have a tip about Central Florida development? Contact me at <a href=\"https:\/\/www.growthspotter.com\/2026\/08\/11\/hourglass-district-could-get-unprecedented-27-home-rental-community\/mailto:SKinbar@GrowthSpotter.com\" rel=\"nofollow noopener\" target=\"_blank\">SKinbar@GrowthSpotter.com<\/a> or (407) 420-5246. Follow GrowthSpotter on <a href=\"https:\/\/www.facebook.com\/growthspotter\" data-mrf-link=\"https:\/\/www.facebook.com\/growthspotter\" rel=\"nofollow noopener\" target=\"_blank\">Facebook<\/a>\u00a0and\u00a0<a href=\"https:\/\/www.linkedin.com\/company\/growthspotter\" data-mrf-link=\"https:\/\/www.linkedin.com\/company\/growthspotter\" rel=\"nofollow noopener\" target=\"_blank\">LinkedIn.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"An unusual proposal from Orlando-based firm Interstruct Design + Build to unify 10 properties in Orlando\u2019s Hourglass District&hellip;\n","protected":false},"author":2,"featured_media":368712,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[558,28,114,12114,1335,11477,139,141,140,480],"class_list":["post-368711","post","type-post","status-publish","format-standard","has-post-thumbnail","category-orlando","tag-business","tag-florida","tag-latest-headlines","tag-multifamily-residential","tag-orange-county","tag-orange-county-developments","tag-orlando","tag-orlando-headlines","tag-orlando-news","tag-real-estate"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/368711","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=368711"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/368711\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/368712"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=368711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=368711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=368711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}