ORLANDO, Fla., Oct. 04, 2022 (GLOBE NEWSWIRE) — Wendover Housing Partners as we speak publicizes it has signed a ten-year lease settlement with Bezos Academy to open a tuition-free, Montessori-inspired preschool that shall be part of the long run Catchlight Crossings multi-family inexpensive housing neighborhood – the cornerstone of Universal Parks & Resorts’ Housing for Tomorrow initiative.
Housing for Tomorrow is Universal’s first-of-its-kind strategy designed to assist create an modern resolution to deal with Orlando’s essential want for inexpensive housing by creating inclusive, economically various housing choices. Universal pledged 20 acres of prime land within the coronary heart of Orlando’s vacationer hall for use for 1,000 models of inexpensive/mixed-income multi-family housing. After conducting a nationwide search, Universal chosen Wendover to develop and handle the neighborhood and deliver the imaginative and prescient for Catchlight Crossings to life.
Catchlight Crossings is a real inexpensive, inclusive housing neighborhood that can present economically-diverse housing choices to Central Florida residents. The neighborhood shall be open to anybody who meets the earnings necessities set forth by the United States Department of Housing and Urban Development (HUD).
Catchlight Crossings units a brand new imaginative and prescient for what inexpensive housing could be; a neighborhood constructed to boost the approach to life of its residents. This consists of a variety of on-site providers – like Bezos Academy’s tuition-free preschool – that can put residents first.
The Bezos Academy preschool shall be positioned on-site inside the Catchlight Crossings neighborhood. The college, Bezos Academy Orlando – Destination Parkway, will characteristic 5 school rooms, accommodate as much as 100 youngsters, and will comply with a full-day, year-round schedule, and shall be open the identical time residents transfer into Catchlight Crossings. This would be the fourth Bezos Academy college positioned in Central Florida.
“In developing Catchlight Crossings, we wanted to think through all aspects of residents’ lives, and that includes early childhood education,” mentioned Jonathan L. Wolf, founder and CEO of Wendover Housing Partners. “By partnering with Bezos Academy, we are proud to offer free preschool education in addition to an affordable place to live. This community goes far beyond affordable housing, it’s about really improving the quality of life for Central Florida residents.”
“We look for partners who help us go above and beyond meeting the educational needs of the child,” mentioned Mike George, President of Bezos Academy. “That is why we are so excited to be a part of Wendover Housing Partners’ and Universal Parks and Resorts’ plan to provide affordable housing with wrap-around services for its employees and the surrounding community.”
Families incomes as much as 400% of the federal poverty stage with youngsters aged 3-4 years previous are eligible to use. This implies that, for a household of 4, the annual family earnings could be as much as $111,000 to qualify.
Updates to the opening date shall be shared right here.
More info and an software to the lottery-based choice course of shall be posted at www.bezosacademy.org as soon as the varsity opening date is ready.
For extra info on Wendover, go to www.wendovergroup.com
For extra info on Housing for Tomorrow, go to housingfortomorrow.com.
For extra info on Bezos Academy, go to www.bezosacademy.org
About Wendover Housing Partners
Headquartered in Altamonte Springs, Wendover Housing Partners, LLC is a privately held actual property growth, funding and administration firm based in 1995. As one of many Southeast’s premier housing firms, Wendover specializes within the growth of single and multi-family houses, condominium communities, senior communities, and transit-oriented growth. Wendover’s expansive portfolio of inexpensive and mixed-income developments demonstrates the corporate’s success in creating housing alternatives in a wide range of economically and socially various neighborhoods.
About Universal Parks & Resorts
Universal Parks & Resorts, a unit of Comcast NBCUniversal, gives friends across the globe as we speak’s most related and in style leisure experiences. With three-time Academy Award winner Steven Spielberg as inventive guide, its theme parks are recognized for immersive experiences that characteristic among the world’s most thrilling and technologically superior film- and television-based points of interest. Universal Parks & Resorts within the U.S. are Universal Studios Hollywood, which incorporates Universal CityWalk Hollywood; and Universal Orlando Resort, a vacation spot resort with three theme parks (Universal Studios Florida, Universal’s Islands of Adventure and Universal’s Volcano Bay water theme park), eight resort motels, and Universal CityWalk Orlando. Around the world, UP&R consists of Universal Studios Japan in Osaka, a license settlement with Universal Studios Singapore at Resorts World Sentosa, and a theme park vacation spot being developed in Beijing known as Universal Beijing Resort.
About Housing for Tomorrow
Founded in 2020 with the mission to deliver extra various, inexpensive housing choices to Central Florida, Housing for Tomorrow is an modern, private-industry based mostly resolution to one of many space’s most urgent points. Universal Parks & Resorts pledged 20 acres of land for the creation of a 1,000-unit inexpensive/mixed-income housing neighborhood. As a not-for-profit entity, Housing for Tomorrow will retain possession of the land, function Master Developer, and be certain that the trouble will present housing for low- and moderate-income residents in perpetuity. The neighborhood shall be constructed and managed by Wendover Housing Partners, a frontrunner in inexpensive housing options. For extra info on Housing for Tomorrow, go to: https://housingfortomorrow.com/.
About Bezos Academy
Bezos Academy is a non-profit group that’s constructing a community of tuition-free preschools. Our preschools supply year-round, full-day programming, 5 days every week, for youngsters ages 3-5 years previous from low-income households. Bezos Academy additionally gives college students with all obligatory instructional provides and providers to set every scholar up for fulfillment, together with Montessori supplies, books, arts and crafts, area journeys, and meals. For extra info, go to: www.bezosacademy.org.
Uproar PR for Wendover Housing Partners
Head of Communications for Bezos Academy