Roof trusses are going up over Glasshouse's Phase II building at O-Town West in Southwest Orlando, while its neighboring Phase III structure still has open upper floors and exposed concrete elevator cores rising above the wood framing below. The two five-story buildings, located at 11780 Glass House Lane, will together add 591 residential units to the site, pushing the overall Glasshouse community past 900 residences across three buildings once finished.
According to Florida YIMBY, Phase II's residential structure is largely built to its full five stories, with structural wall sheathing now enclosing substantial portions of the elevations and wood trusses forming pitched and gabled roof sections. Phase III remains more exposed, with ongoing framing and sheathing work and portions of its upper floors still open to the elements. Roger B. Kennedy Construction is serving as general contractor on both buildings, developed by Unicorp National Developments as the final residential piece of its O-Town West master plan.
Both buildings are designed with wood-framed residential wings wrapping around internal parking garages, a layout from Krieger Klatt Architects that keeps the concrete decks concealed behind living space rather than exposed to the street. Phase III's parking structure is described as increasingly concealed as its wings rise, even as its concrete elevator cores still project above the surrounding wood framing.
A $168 Million Loan Ties Into a Decade of Bank Backing
Construction on Phases II and III officially got underway in October 2025, after Centennial Bank closed a $168 million construction loan for the project, establishing a 30-month build-out toward a mid-2028 completion target. That loan pushed Centennial Bank's cumulative lending relationship with Unicorp past $1 billion over ten years, according to Multi-Housing News. It is a scale of institutional backing that underscores how central Glasshouse has become to Unicorp's broader Orlando footprint, which Hoodline has previously profiled.
Phase I of Glasshouse offers a preview of how the new units might perform. That first building delivered 309 luxury units in 2023, backed at the time by a $93 million loan from Goldman Sachs, and reached over 90% occupancy within two years, per the same account from Multi-Housing News. Whether the incoming 591 units in Phases II and III absorb at a similar pace remains an open question as leasing approaches.
Studios to Three-Bedrooms, With Resort-Style Amenities
Once complete, apartments across Glasshouse's three five-story buildings will range from 600-square-foot studios to 1,800-square-foot three-bedroom units, with monthly rents estimated between $1,700 and $3,500, according to the Orlando Business Journal. The amenity package includes a 30,000-square-foot clubhouse with an on-site restaurant and delivery service, an 18,000-square-foot resort pool deck designed by Kimley-Horn, a two-story fitness center, and a full-service spa — with developer Chuck Whittall estimating the clubhouse alone as an $8 million to $12 million investment, the outlet reported.
Those luxury price points and amenities are landing in a Central Florida rental market that has otherwise cooled. As of this month, Orlando's median apartment rent stood at $1,525 per month, down 2.1% year-over-year, while metro-wide occupancy stabilized near 94.8% as a multi-year wave of apartment deliveries began to taper off, according to Apartment List. Glasshouse's bet is that resort-style amenities and proximity to major employers in a tourist corridor can command premium rents even as the broader market softens.
Part of a Larger, Decade-in-the-Making Master Plan
Glasshouse sits within O-Town West, Unicorp's 350-acre master-planned development in Southwest Orlando that traces back to August 2019, when the developer purchased 76 core acres for $49 million from Maury L. Carter & Associates in what was the region's largest land deal that year. The commercial districts surrounding the residential buildings already include the 350,000-square-foot Marriott Vacations Worldwide headquarters, a Publix supermarket, and what is billed as the world's largest freestanding White Castle, according to Florida YIMBY's earlier reporting. Hoodline has also covered the district's expanding food scene, including a Michelin-touched sushi arrival.
Access to the area got a boost last July when the Florida Department of Transportation opened an $83 million diverging diamond interchange at I-4 Exit 70 and Daryl Carter Parkway, designed to eliminate left-turn conflicts and roughly double vehicle throughput near the site. As Glasshouse's final phases near their mid-2028 completion target, how the finished community folds into that surrounding retail, dining and traffic pattern remains one of the bigger unresolved questions for the neighborhood.
