The 550 Mariposa project, located just south of Lake Eola in Orlando, has a new developer – The Shoma Group. Previously pursued by New York-based Lexin Capital, the 16-story high-rise with 17,160 square feet of retail space has been rebranded as “550 Shoma.” Along with residential units ranging from one to three bedrooms and live/work units, the tower will also feature a new location for Shoma Bazaar – the group’s culinary concept offering a food hall experience.
Originally filed by Lexin Capital in April 2022, construction on this development is set to begin in second-quarter 2024 and expected to be completed sometime in 2026. In addition to its amenities such as fitness center and pool area for residents’ use, there will also be a business center and co-working cafe available. Other perks include a yoga studio , movie theater , dog spa , storage units among others.
This planned Orlando high-rise project has now secured The Shoma Group as its developer.
