Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.
A proposed $80 million senior housing development in downtown Orlando may receive a major financial boost from the city and its redevelopment agency — a move which could help address growing demand for affordable housing among older residents.
Banyan Development Group, an affiliate of Orlando-based AGPM LLC, is seeking $10 million in funding from the city of Orlando and its Community Redevelopment Agency to support the construction of Mariposa Grove, a 12-story mixed-use project on roughly 0.7 acres at 417 E. Jackson St., according to city documents…