Project Description
Dave Axel and Lou Tulp purchased 5.76 acres in the commercial section of the Alafaya Woods PUD in May of 2004. The prior owner planned a self-storage development which did not proceed. After considering the challenges of the irregularly shaped but well-located site plans proceeded for an 8-unit 45,770 square foot office condominium project with each unit having designated parking areas. In December of 2004, the project was purchased by an entity controlled by site contractor and investor Jon M. Hall, who intended to develop the site and build the buildings speculatively for resale.
Axel Real Estate stayed on board to manage development approvals and marketing of finished buildings. Jon Hall brought Paul Goodard of M. Paul General Contractors to the team to handle planning the buildings and handle vertical design construction. In 2007 and 2008 Axel Real Estate sold 6 buildings and M. Paul General Contractors directly purchased a building for its own offices. The final undeveloped lot was sold to investors in 2010 and finally to an end user in 2013 who completed the final building in 2014.
