{"id":5884,"date":"2022-04-22T21:30:58","date_gmt":"2022-04-23T02:30:58","guid":{"rendered":"https:\/\/1reason.com\/re\/wendover-housing-partners-and-universal-parks-resorts-release-development-plan-for-housing-for-tomorrow-initiative\/5884\/"},"modified":"2022-04-23T16:30:58","modified_gmt":"2022-04-23T21:30:58","slug":"wendover-housing-partners-and-universal-parks-resorts-release-development-plan-for-housing-for-tomorrow-initiative","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/wendover-housing-partners-and-universal-parks-resorts-release-development-plan-for-housing-for-tomorrow-initiative\/5884\/","title":{"rendered":"Wendover Housing Partners and Universal Parks &amp; Resorts Release Development Plan for Housing for Tomorrow Initiative"},"content":{"rendered":"<div>  <\/p>\n<p>The development plan provides the first look at the site plan, elevations and key elements of the community, which has been named <strong>Catchlight Crossings. <\/strong>It was submitted to the Orange County Planning and Development department today as the next step in moving this initiative forward.<\/p>\n<p><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=pkXGcyklbV-Qd92Le7CTpRf02JsmnayoAhmvkfOgu87X4Sb5DFgimZkg-Ik_Nup3lQ7uIR77aqv0oG9wDoyHT33CpFobj-GoFLrGe9eXsCM=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Housing for Tomorrow\">Housing for Tomorrow<\/a> is Universal\u2019s first-of-its-kind approach designed to help create an innovative solution to address Orlando\u2019s critical need for affordable housing by creating inclusive, economically diverse housing options. Universal pledged 20 acres of prime land in the heart of Orlando\u2019s tourist corridor to be used for 1,000 units of affordable\/mixed-income housing.<\/p>\n<p>Universal has taken the unprecedented step of pledging a large parcel of land specifically to be used for affordable housing and has formed a not-for-profit entity to ensure the land will always be used for this purpose.<\/p>\n<p>After conducting a national search, Universal selected <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=GoBCkjbbT2TJiRgAFZ6Q0gLCKKsohPZ-B5batrvEzkDgq1qIr7HJh9yzKtZHAkCXpq_NGUiwKF4CLpDv0dzsf0uQ1nEx6wDVipppEHBfZAc=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Wendover Housing Partners\">Wendover Housing Partners<\/a> to develop and manage the community and bring the vision for Catchlight Crossings to life.<\/p>\n<p>The Catchlight Crossings development plan, created jointly by Wendover and Universal, sets a new vision for what affordable housing can be; a community built to enhance the lifestyle of its residents. This includes a wide range of on-site services that will put residents first. Some of the unique community features are expected to include:<\/p>\n<ul type=\"disc\">\n<li>On-site tuition-free preschool<\/li>\n<li>On-site medical offices<\/li>\n<li>A transportation center for buses, ridesharing and employer shuttles<\/li>\n<li>16,000 square foot retail area<\/li>\n<li>Community event space<\/li>\n<li>Technology caf\u00e9s<\/li>\n<li>A makerspace for hobbies, activities and educational events<\/li>\n<li>Community gardens<\/li>\n<li>Bike and walking paths<\/li>\n<li>Neighborhood food pantry<\/li>\n<li>Fitness center<\/li>\n<li>Game room<\/li>\n<li>Playground<\/li>\n<li>Two resort style pools<\/li>\n<li>Grilling gazebo<\/li>\n<\/ul>\n<p>\u201cOur vision has been to bring an innovative, new approach to solving our community\u2019s affordable housing crisis,\u201d said John Sprouls, executive vice president and chief administrative officer for Universal Parks &amp; Resorts. \u201cThis is about creating a community that will put residents first \u2013 a place that inspires them and that they will be proud to call home.\u201d<\/p>\n<p>\u201cThrough this partnership with Universal, we hope to serve as a model for how private employers, local governments and developers can work together to address socioeconomic issues in the communities where we live and work,\u201d said Jonathan L. Wolf, founder and CEO of Wendover Housing Partners. \u201cWhat Wendover and Universal are creating here is truly unique and will leave a lasting, positive impact on the community for generations to come.\u201d<\/p>\n<p>The development plan will be going through the approval process with Orange County.<\/p>\n<p>For a rendering of Catchlight Crossings, click <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=wJVDg5aXl8Be154txEINAPZvuCc83JQxlBcRm9oI1OuyGy9eL8Jskncihr1LErPFDxmjgXyzzT0quKhDYOStHccB4XteKIlak_gL4m1tnx2L3TknQLfu0QqL8EmqVXxLYTg6BNKKkfkLWjID2QZgJw==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"here\">here<\/a>. <\/p>\n<p>For additional information about Housing for Tomorrow, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=3mun_WHhO-Iz7B6OvTgm9D_XhiDr_W_nxHfbhX7PblyB_TIvko87m-a5lzObBeFFiOvN_UiQrw8feUV-wpMEKp0P0sGBsaKNiyoyqKbxB9s=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"housingfortomorrow.com.\">housingfortomorrow.com.<\/a><\/p>\n<p><strong><u>About Wendover Housing Partners<\/u><\/strong><br \/>Headquartered in Altamonte Springs, Wendover Housing Partners, LLC is a privately held real estate development, investment and management company founded in 1995. As one of the Southeast\u2019s premier housing companies, Wendover specializes in the development of single and multi-family homes, apartment communities, senior communities, and transit-oriented development. Wendover\u2019s expansive portfolio of affordable and mixed-income developments demonstrates the company\u2019s success in creating housing opportunities in a variety of economically and socially diverse neighborhoods.<\/p>\n<p><strong><u>About Universal Parks &amp; Resorts<\/u><\/strong><br \/>Universal Parks &amp; Resorts, a unit of Comcast NBCUniversal, offers guests around the globe today\u2019s most relevant and popular entertainment experiences. With three-time Academy Award winner Steven Spielberg as creative consultant, its theme parks are known for immersive experiences that feature some of the world\u2019s most thrilling and technologically advanced film- and television-based attractions. Universal Parks &amp; Resorts in the U.S. are Universal Studios Hollywood, which includes Universal CityWalk Hollywood; and Universal Orlando Resort, a destination resort with three theme parks (Universal Studios Florida, Universal\u2019s Islands of Adventure and Universal\u2019s Volcano Bay water theme park), eight resort hotels, and Universal CityWalk Orlando. Around the world, UP&amp;R includes Universal Studios Japan in Osaka, a license agreement with Universal Studios Singapore at Resorts World Sentosa, and a theme park destination being developed in Beijing called Universal Beijing Resort.<\/p>\n<p><strong><u>About Housing for Tomorrow <\/u><\/strong><br \/>Founded in 2020 with the mission to bring more diverse, affordable housing options to Central Florida, Housing for Tomorrow is an innovative, private-industry based solution to one of the area\u2019s most pressing issues. Universal Parks &amp; Resorts pledged 20 acres of land for the creation of a 1,000-unit affordable\/mixed-income housing community. As a not-for-profit entity, Housing for Tomorrow will retain ownership of the land, serve as Master Developer, and ensure that the effort will provide housing for low- and moderate-income residents in perpetuity. The community will be built and managed by Wendover Housing Partners, a leader in affordable housing solutions. For more information on Housing for Tomorrow, visit: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=WPVqNeETBM9xpmEKKq-gWagDjEmyTnwJz6A888EIIa5Df9B6j-WBTYYb9kQjfxuFHzdqwfOD8t2NDIS-lG4srVZPDg96tvRJ_t3dS-SIoK-vISesuOwsFQLhdp5nYo73\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\">https:\/\/housingfortomorrow.com\/<\/a>.<\/p>\n<p><strong>MEDIA CONTACTS:<\/strong><\/p>\n<p>Hannah Young<br \/>Uproar PR for Wendover Housing Partners<br \/>M: 407-920-4110<br \/>O: 321.236.0102 <br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Mo41afp9g5MhdyZKZ5rmH0wQrS6HgXAH1_A4vzw1MySgUlCgN_2Ytd5ygl8Ov-HMCfzHl0dk0A0YaF9ShUYwhFzVzGq-UCgpykUIFpOFlmE=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"hyoung@uproarpr.com\">hyoung@uproarpr.com<\/a><\/p>\n<p>UniversalParks &amp; Resorts Corporate Communications<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=WGJmJq86cnkzFsG4KwyHk2WfsXJ0VsenueUnaj_318BjExqKwBkCeQmFEZXXyj7gnHgoQHv1nlv70WchVgIfm6Mz-PhzeZW5U_dUU5PzTik=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"UPRCorpComm@uniparks.com\">UPRCorpComm@uniparks.com<\/a><\/p>\n<p>A PDF accompanying this announcement is available at<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=hl21wbMv3BCQ6KcdG6ORrJusroZI799uV8qo9LSq5EAAXGfV_Y2XsYDcCoJge1Dum0SIBFksWCqdzEf5WPedjIVNfOAhlk9YSNPAPykiOAz7VtD52JRVlTY391TfW2q0WgizEgkxsfHiV4xhqsx5SYaFXcV6gmPH9s_EDaDxJ6Arkqx1AgqdfFlYiuCOdaI7_NMDPSgAnI5oHEjeqe6XjDIZpq0n7vYA7vSyM5Nf1Sv-fQFvUTpqRHUfQ2Fch0zG\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\">http:\/\/ml.globenewswire.com\/Resource\/Download\/0b0b0141-c6d9-447a-971a-825fd7259dcb<\/a><\/p>\n<p><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" data-src=\"https:\/\/ml.globenewswire.com\/media\/NWE0OWI1MzUtOGMxNS00NGFhLWI1ZjMtNWEwMjI1ZjJkMThmLTExMDQ3NDg=\/tiny\/Wendover-Housing-Partners.png\"><\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<p>\u201cCatchlight Crossings\u201d will redefine what affordable housing can be and address the Orlando area\u2019s critical need for affordable housing<\/p>\n<p align=\"left\">ORLANDO, Fla., March 29, 2022 (GLOBE NEWSWIRE) &#8212; Wendover Housing Partners and Universal Parks &amp; Resorts today revealed the initial development plan for Universal\u2019s Housing for Tomorrow initiative, a new approach aimed at helping address the shortage of affordable housing in Orlando.<\/p>\n<\/div>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/5884"}],"collection":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/comments?post=5884"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/5884\/revisions"}],"predecessor-version":[{"id":5902,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/5884\/revisions\/5902"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=5884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=5884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=5884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}