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$50M apartment project to take center stage in court drama between Fashion Square mall owner, lender

$50M apartment project to take center stage in court drama between Fashion Square mall owner, lender



Business appears to be continuing as usual at Orlando Fashion Square mall near downtown, despite a loan war between the mall owner and its lender that now has moved into bankruptcy court.

But at the crux of the battle is a $50 million planned apartment complex: The 356-unit, Class A Alexan at Audubon that was expected to bring an influx of shoppers and a walkable, urban project adjacent to the mall.

The complex is a big part of Franklin, Tenn.-based mall owner UP Development Inc.’s revamp that…



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