College Park, FL

College Park is a distinct neighborhood within the city of Orlando, Florida, deriving its name from the many streets within its bounds that were named for institutions of higher learning such as Princeton, Harvard, and Yale. Its close proximity to downtown has made it a popular residential area for over a century, particularly among young professionals. According to the 2000 census, most residents are of working age (between 18 and 49) and are homeowners. 65.5% of households include no children.

In the 1950s a developer by the name of Demetree began developing Ardsley Manor along the western shore of Lake Silver. The neighborhood was designed with larger lots and homes than the traditional parts of College Park. Ardsley Manor is the area bound by Bryn Mawr, Maury Road, Rio Grande, and Lake Silver. Lake Silver is a 60-acre (240,000 m2) lake with a private park/lake access for Ardsley Manor residents only, found along the southern shore off of Bryn Mawr.

In 2002, Edgewater Drive, the main artery of the neighborhood’s business district, was re-striped from a 4-lane byway to a more pedestrian-friendly 3-lanes (1 in each direction with a central turn lane).

In 2005, College Park resident and developer Jim Kersey broke ground on a new 7-story mixed-used development along Edgewater Drive called “The Wellesley.” It included 140 residential units over the “SunTrust Collonade,” a commercial strip featuring 12,500 square feet (1,160 m2) of retail space adjoining a 7,500-square-foot (700 m2) bank. The development was built just before an economic recession, resulting in many unsold units and dropping resale values on the units.