Construction crews are about to roll into Orlando’s Mills 50 neighborhood as Emi on 50, a $92.5 million, nine-story apartment tower, gets ready to break ground this month near East Colonial Drive. The Terian Group project will add 336 residences in a Japandi-influenced building that developers say is tailored to walkability and Mills 50’s packed restaurant scene.
Funding and timeline
According to the Orlando Business Journal, Terian Group plans to start construction this month, with the project budgeted at roughly $92.5 million. The outlet reported that company leaders were drawn to Mills 50 specifically for its cluster of well-known eateries and pedestrian-friendly streets, pitching Emi on 50 as a natural fit for one of the city’s liveliest corridors.
Construction financing arranged
JLL Capital Markets says it has arranged construction financing for Emi on 50, noting that the loan was placed through PCCP. In its description, JLL outlines a nine-story, 336-unit mid-rise and states that construction is expected to run through 2027, with completion targeted for 2028.
Design and amenities
Terian Development’s project page highlights a Japandi-inspired design and a long list of resident perks. Planned amenities include a rooftop fitness center, a pool deck with a Sunset Terrace, an elevated pickleball court, a Japanese garden courtyard, a speakeasy-style lounge and coworking lofts. The developer also points to more practical touches such as structured parking, long-term bike storage, and built-in smart-home features.
Where it fits in Mills 50
Terian executives told the Orlando Business Journal they see Mills 50’s density of restaurants and walkable blocks as a strong draw for urban renters. Local coverage has followed a wave of openings that have boosted the corridor’s profile, including a Pomelo project from Top Chef winner Hung Huynh, detailed in Top Chef champ juices up Mills 50 with Pomelo hotspot.
Next steps and what to watch
Once the groundbreaking is done, crews will move into site mobilization and staging for what is expected to be a multiyear build. JLL’s materials project work is continuing into 2027, with move-ins likely closer to 2028. Terian’s materials add that the building will use precast concrete to speed delivery and bolster durability. For now, neighbors and city permitting updates will be the key signals to watch as Emi on 50 makes its way from renderings to reality.
