Lake County Developments

  • Eyesore property at entrance to Eustis sells for redevelopment

    Eyesore property at entrance to Eustis sells for redevelopment

    A former Lowe’s site that has sat empty for years on a prominent corner at the entrance of Eustis sold on Thursday for $1.6 million. The 9.29-acre property was bought by an LLC controlled by a local physician, who has plans to build a medical office development on the nearly nine acres along U.S....

  • Florida Hospital Waterman buys 10.5 acres in Mount Dora near country club

    Florida Hospital Waterman buys 10.5 acres in Mount Dora near country club

    Florida Hospital Waterman paid $2.35 million on Nov. 18 for about 10.5 acres on U.S. 441 that lie just south of the entrance to the Country Club of Mount Dora, and about six miles from its campus.  A spokesperson for the hospital said it has no firm plans to develop the vacant Mount Dora land. ...

  • Lake County citrus family trust assembles land around new Publix in Tavares

    Lake County citrus family trust assembles land around new Publix in Tavares

    The Whitaker Family Trust has added another 9 acres to its land surrounding the new Publix on S.R. 19 in Tavares, and is asking the city to annex the parcel and rezone it from Lake County’s Agricultural classification into Tavares to mixed-use Commercial. The city's Planning and Zoning board is...

  • Nonprofit & developer seek GC for Clermont's first affordable apts in 20 yrs

    Nonprofit & developer seek GC for Clermont's first affordable apts in 20 yrs

    Local faith-based nonprofit New Beginnings is nearing the construction phase on a 96-unit affordable apartment complex in Clermont and has yet to choose a general contractor, the group's CEO told GrowthSpotter.  Planned for 9.66 acres on the east side of S. Grand Highway and south of Citrus Tower...

  • Large Groveland community plans call for rare water-saving measures

    Large Groveland community plans call for rare water-saving measures

    When owners of Villa City, a 2,467-acre assemblage north of Groveland in Lake County, started working to get approvals to develop the land a couple of years ago there was one big problem: they couldn’t show they had enough water available to sustain the thousands of homes planned. "Villa City came...

  • Groveland votes for mixed-use project that could double its size, developers sought

    Groveland votes for mixed-use project that could double its size, developers sought

    Lake County's Groveland -- which carries the slogan “The city with a future, watch us grow!” -- voted on Monday to take its first step toward approving a 2,467-acre mixed–use development with the potential to double its size.  The Groveland Council started by voting to create a zoning category...

  • Lake County entrepreneur plans industrial development in Tavares

    Lake County entrepreneur plans industrial development in Tavares

    Lake County entrepreneurs interested in starter space for new industrial businesses should have a new option in Tavares soon. Audie Newman, owner of Vision Conveyor in Tavares, is looking to annex 3.14 acres across the street from his business on Southridge Industrial Drive into the city of Tavares...

  • Owner prepares land for commercial sale or lease on U.S 441 in Mount Dora

    Owner prepares land for commercial sale or lease on U.S 441 in Mount Dora

    The Mount Dora City Commission annexed a 5.25-acre parcel of raw land on Tuesday, assigning it commercial zoning in a rapidly developing section of U.S. 441 between Mount Dora and Eustis, as its owner prepares for development. The owner intends to sell or lease the land for commercial use, said...

  • Downtown Mount Dora CRE owner spends $1.3M on vacant landmark building

    Downtown Mount Dora CRE owner spends $1.3M on vacant landmark building

    Main Street Leasing, a major owner of retail space in downtown Mount Dora, spent $1.3 million earlier this month to take over a landmark building in the city's downtown that has been vacant for more than a year.  Located at 403 N. Donnelly St. on the corner with and Fourth Avenue, the 4,560-square-foot...

  • Lake County owner of 640 acres seeks rezoning & like-minded developer partner

    Lake County owner of 640 acres seeks rezoning & like-minded developer partner

    Lowrie Brown’s family has owned some 640 acres of ranch land off S.R. 44 north of Leesburg since the 1960s. His deceased father loved the ranch life, and Brown has a sentimental attachment to the land that fronts Haines Creek and features a breadth of natural scenery. Now he thinks it's time to...

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  • Clermont digging deep, hoping to find water to fuel future growth

    Clermont digging deep, hoping to find water to fuel future growth

    Look pretty much anywhere in Clermont and you’ll see lakes, yet the fast-growing city is planning for a time when there’s not enough drinking water to slake the throats of new residents, bringing growth to a halt. So the city, with a lot of cash aid from the St. Johns River Water Management District,...

  • Steakhouse owner invests in historic downtown Eustis real estate

    Steakhouse owner invests in historic downtown Eustis real estate

    Local realtor Leigh Ann Pippin signed a two-year purchase agreement in 2014 to buy a cavernous brick building in downtown Eustis that was a bit down in the heels. On Sept. 1, her LLC affiliate closed on the building, which in the interim has become a hopping steakhouse restaurant famous for hand-crafted...

  • Clermont's Olympians help drive economic development to city

    Clermont's Olympians help drive economic development to city

    The 20 Olympic medalists from Clermont brought home five gold, three silver and two bronze medals between them from the 2016 Summer Olympics, plus some seeds for economic development that are starting to sprout in the hilly Lake County city nicknamed “The Choice of Champions.” The sheer number...

  • Eustis seeks watercraft rental business for revamped lakefront downtown

    Eustis seeks watercraft rental business for revamped lakefront downtown

    With its lakefront park improvements nearly complete, including repairs to floating docks, the City of Eustis is seeking requests for proposals for a water recreation rental business at downtown's Ferran Park. It's the latest initiative by a city that's taken multiple steps this year to boost the...

  • Groveland seeks developer for 40 acres, favors industrial or commercial

    Groveland seeks developer for 40 acres, favors industrial or commercial

    The City of Groveland is seeking proposals from developers to buy 40 acres of land east of Sampey Road in its Groveland Commerce Park owned by the city’s Community Redevelopment Agency. Residential developers need not apply. The city is interested in the property being developed for industrial...

  • Smaller version of Avalon Park development planned for Tavares

    Smaller version of Avalon Park development planned for Tavares

    Avalon Park Group has filed plans in Tavares to build a smaller version of its Avalon Park community on the shores of Lake Hermosa, bringing a potential 1,000-plus homes and mixed-use community just outside Eustis.  “We believe that we can repeat our success we had in Avalon Park in Orlando in...

  • South Lake Hospital picks contractors for three expansion projects along U.S. 27

    South Lake Hospital picks contractors for three expansion projects along U.S. 27

    South Lake Hospital is gearing up for a $50 million-expansion, and has chosen contractors for the three major construction projects the company announced in mid-March.  The hospital, an affiliate of Orlando Health, is planning an expansion at its main Clermont campus that will nearly double the...

  • New Eustis Shopping Center with Panera rising on U.S. 441

    New Eustis Shopping Center with Panera rising on U.S. 441

    Eustis’ new retail center, Shoppes of Eustis, is rising out of the ground on U.S. 441 across from Target, with vertical construction underway on three of five buildings and and a permit application in for the fourth.  The 17,651-square-foot Aldi shopping center, valued at $1.24 million, is taking...

  • Site work underway on last lakefront Etowah phase in Tavares

    Site work underway on last lakefront Etowah phase in Tavares

    The final phase of Etowah, a new home community on Lake Eustis in Tavares, is underway with site development that should be complete in seven months, said Mike Galvin, manager for CG Land Services in Clearwater. Set on C.R. 452 (the 1900 block of Lake Eustis Drive) northwest of Lake Hermosa and...

  • Fish camp buyer plans tiny home haven in Lake County

    Fish camp buyer plans tiny home haven in Lake County

    An investor couple from Idaho bought a Lake County mobile home and RV fishing camp property earlier this month, with plans to morph it into a trendy tiny home community. Black Bass Resort on Haynes Creek at 10402 C.R. 44, between Leesburg and Eustis, sold for  $1.3 million, according to a deed...

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  • Brazilian investor amasses three lots on Clermont hilltop

    Brazilian investor amasses three lots on Clermont hilltop

    A Brazilian investor has amassed three contiguous lots totaling 9.83 acres at the top of a hill in Clermont that at one point was targeted for a new police department. In late May, Fonstock Real Estate Investments LLC bought the first parcel of 3.9 acres at the southwest corner of Citrus Tower...

  • Eustis may offer TIF, impact fee credits for development of vacant land downtown

    Eustis may offer TIF, impact fee credits for development of vacant land downtown

    The City of Eustis is rolling out a marketing plan seeking a developer to fill up a 4.8-acre hole in its downtown with a mix of apartments and shops, and is prepared to offer Tax Increment Financing, impact fee credits and more to sweeten the deal. GrowthSpotter first reported in January that the...

  • Eustis adopts business-friendly measures for industrial use, new development

    Eustis adopts business-friendly measures for industrial use, new development

    The City of Eustis has launched new business-friendly initiatives to make the city more attractive to industrial property users, and cut the wait time by nearly two thirds for new development plan approvals.  A new abbreviated development approval process and fee cut is designed to show its doors...

  • GCs, architect & lender still sought on $90M mixed-use project in Clermont

    GCs, architect & lender still sought on $90M mixed-use project in Clermont

    Acquisition Consultants had its zoning approved last week for a 43-acre, $90 million mixed-use development in Clermont dubbed “The Vue at Clermont,” and has yet to choose general contractors for the retail and apartment portions, or the retail side’s architect, a lead executive with the group told...

  • Citrus groves with lake views hit market in Lake County

    Citrus groves with lake views hit market in Lake County

    Two significant chunks of lakefront land are up for sale in Lake County, one the site of a historic homestead on Lake Harris in Tavares, the other a long-time family-owned parcel on the banks of East Crooked Lake in Eustis. Both tracts were planted in orange groves that brought their owners income...

  • Tampa-based fast casual chain buys Clermont land to enter Lake County

    Tampa-based fast casual chain buys Clermont land to enter Lake County

    Tampa-based fast casual restaurant chain PDQ paid $2.13 million on June 17 to get a foothold in Lake County, buying the Zab Thai restaurant in Clermont Town Center with plans to demolish the building and develop its own new location.  “We will be building from the ground up,” company spokesman...

  • Groveland industrial building sale price jumps 40 percent in five years

    Groveland industrial building sale price jumps 40 percent in five years

    Adam Sumner, Lake County’s manager of economic development and tourism, was not surprised that the industrial building leased to Metals USA in Groveland's Christopher C. Ford Commerce Park sold in the past week for $14.5 million, more than a 40 percent jump from its last sale price of $10.1 million...

  • State-of-the-art gun range planned for The Villages

    State-of-the-art gun range planned for The Villages

    The owner of an indoor gun range near Jacksonville is proposing to build a second location in Lady Lake, with a façade that looks like the Alamo. Franklin Dickinson, owner of Basics: Range & Gun LLC in Orange Park, recently went before the Lady Lake Town Commission conceptual workshop meeting to...

  • Tavares brings new land for growth into city limits

    Tavares brings new land for growth into city limits

    The city of Tavares grew by 65.26 acres recently when it annexed orange groves impacted by citrus greening on the west side of S.R. 19. The land is owned by the May and Whitaker Family Partnership LTD, an entity that has owned a lot of orange groves in Lake County. While the trees are suffering...

  • City of Eustis agrees to sell spray field land for potential housing development

    City of Eustis agrees to sell spray field land for potential housing development

    The Eustis City Commission approved selling 198 acres of city property once used as a spray field for treated sewer effluent to a group with plans to create a single-family housing development. Sorrento Pines LLC has agreed to buy the Lake County land declared surplus by the city for $1.5 million,...

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  • Deland-based movie theater company in expansion mode

    Deland-based movie theater company in expansion mode

    Epic Theatres, which has gone where the big chains don't in Florida to build its movie theaters, broke ground Friday on a long-anticipated location in Mount Dora, and plans more expansion locally, the company's president told GrowthSpotter.  “We go where there is a need,” said Frank DeMarsh, president...

  • Florida Hospital Waterman plans for development around its campus

    Florida Hospital Waterman plans for development around its campus

    Over the years, Florida Hospital Waterman has steadily added land to its original 111.56-acre campus on Burleigh Boulevard in Tavares until it has almost surrounded itself with purchases of vacant commercial land, adding another 42-plus acres to its holdings. In 2008, it spent $3.87 million for...

  • Land designated for Wellness Way town center hits market

    Land designated for Wellness Way town center hits market

    An old orange grove, blighted by citrus greening, was posted for sale this week in South Lake County. Such a common occurrence in former citrus territory doesn’t seem like news, except that this 721-acre parcel happens to sit in the middle of acreage planned for the town center of the proposed ...

  • Four Corners Summit set for August

    Four Corners Summit set for August

    The Four Corners Area Council will host a summit on Aug. 3 to tackle some of the hot issues, challenges and opportunities spanning all four jurisdictions. "Our vision is to have an integrated, uniform Four Corners area," Council Chairman Steve Silcock said. "The main goal is to get the counties...

  • Bella Collina plans 56-acre expansion in Monte Verde

    Bella Collina plans 56-acre expansion in Monte Verde

    Bella Collina’s comeback into the luxury home market has been so successful that its owners are planning to expand the neighborhood into about 56 acres it owns in the city limits of Monte Verde. Bella Collina is planning to file site plans with Monte Verde for 78 homes on half-acre lots, set on...

  • Ground breaks on new bakery distribution center & retail store in Tavares

    Ground breaks on new bakery distribution center & retail store in Tavares

    Site work has begun on a Flowers Foods distribution center and small bakery outlet in Tavares, set on 4.32 acres at the intersection of U.S. 441 and Nelson Street. The parcel, originally planned as a site for a church, sat vacant for sale through the recession. City officials learned last August...

  • Fruitland Park leads Lake County in tax roll growth, thanks to The Villages

    Fruitland Park leads Lake County in tax roll growth, thanks to The Villages

    For years, South Lake County has been the hotbed for growth in the county, not surprising since it sits on the edge of Metro Orlando. But the most recent certified Lake County tax roll shows a new contender for fastest booming municipality, and it’s near Lake's northern edge -- closer to Ocala...

  • Clermont sells city property with a view to Brazilian investors

    Clermont sells city property with a view to Brazilian investors

    The City of Clermont has sold a hilltop parcel it once planned as home for its new police station to Brazilian investors for $1.308 million, according to Lake County sale records and Jim Hitt, the city’s economic development director. Hitt said the purchaser, Fonstock Real Estate Investments LLC,...

  • Jenkins Auto Group buys fourth dealership in Leesburg

    Jenkins Auto Group buys fourth dealership in Leesburg

    An Ocala-based affiliate of Jenkins Auto Group has continued its dealership buying binge along U.S. 441 in Leesburg, purchasing the Lake Nissan dealership at 10234 U.S. 441 last week for $4.9 million, acquiring a 3-acre parcel with three buildings totaling 18,000 square feet. It is Jenkins’ fourth...

  • Orthopedic medical clinic proposed in Lady Lake, near The Villages

    Orthopedic medical clinic proposed in Lady Lake, near The Villages

    The Town of Lady Lake will consider plans for a new medical clinic with orthopedic services at its Town Commission meeting on Monday. Littlejohn Engineering Associates has submitted a site plan for a 26,540-square-foot multi-specialty medical facility on a 9.77-acre parcel at 539 Rolling Acres...

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  • Benchmark Group plans more retail for Lady Lake near The Villages

    Benchmark Group plans more retail for Lady Lake near The Villages

    The New York-based developer of three Lady Lake retail centers is planning another across the street from Lady Lake City Hall, near the oldest part of The Villages. Through a local affiliate LLC, the Benchmark Group paid $3.4 million for an 18-acre parcel at the southeast corner of U.S. 27 and...

  • Mother-son buyers envision new retail for landmark Eustis building

    Mother-son buyers envision new retail for landmark Eustis building

    When Jacqueline and Wendell Husebo looked at downtown Eustis they saw a potential haven for Millennials, the 20-to-30-somethings who crave homes where they can walk to restaurants, bars and scenic views. The downtown offers brick streets, historic buildings, a growing number of restaurants and,...

  • First Wellness Way sector rezoning effort has developer looking to future code

    First Wellness Way sector rezoning effort has developer looking to future code

    A developer of the first new subdivision proposed for the planned Wellness Way sector in Lake County wants to rezone a 66-acre inactive orange grove sandwiched between Clermont, Winter Garden, the Orange County line and north of Hartwood Marsh Road. Extreme Groves LLC, an affiliate of land owner...

  • Site work to start soon on Mount Dora movie theater

    Site work to start soon on Mount Dora movie theater

    Look for dirt to start moving for a long-awaited Mount Dora movie theater in the next couple of weeks. Frank DeMarsh, president of Epic Theatres of Deland, told GrowthSpotter on Thursday he has a permit for site work from the city, and could break ground any day now. He is currently choosing contractors...

  • Hills of Minneola owner refreshes its search for a development partner

    Hills of Minneola owner refreshes its search for a development partner

    When the new Florida Turnpike exit in Minneola is completed next year it will literally mark an "X" in the middle of The Hills of Minneola, unlocking the full development potential of a 1,650-acre parcel that's been waiting years for development to move north from Orlando into Lake County. Almost...

  • Eustis seeks retail/dining leasee for downtown waterfront building

    Eustis seeks retail/dining leasee for downtown waterfront building

    The city of Eustis has been busy sprucing up its waterfront park in downtown, adding a playground, creating better traffic flow, landscaping, and building a new lakeside splash park to open by summer. Now the city is turning its attention to reforming a park building that has been used as a gym...

  • Parade of new car dealerships on S.R. 50 in Clermont continues with Hyundai

    Parade of new car dealerships on S.R. 50 in Clermont continues with Hyundai

    Hyundai of Central Florida LLLP spent $4.839 million for about 12 acres on the north side of S.R. 50 in Clermont for a new dealership at Plaza Collina. Tracy Taylor, general sales manager for Mullinax Ford of Central Florida, will be president of the new Hyundai of Central Florida dealership, he...

  • Lake Technical College preps to build own Center for Advanced Manufacturing

    Lake Technical College preps to build own Center for Advanced Manufacturing

    C.A Voss of Electron Machine Corp. credits his employees for helping the Lake County manufacturer survive the recession. The company’s workforce remained stable and flexible when hours had to be cut during those dark years after 2008. Now those long-time employees are getting closer to retirement,...

  • Grazing cattle leases bring new revenue, cut costs for Eustis' city-owned land

    Grazing cattle leases bring new revenue, cut costs for Eustis' city-owned land

    It was a deal that should have been made in a barbecue restaurant. The City of Eustis had some pastureland that was just sitting around, requiring regular mowing and other maintenance. Meanwhile, a number of local ranchers were looking for places where their hungry cows could cut the grass. With...

  • First Wellness Way development teed up

    First Wellness Way development teed up

    A residential community that would kick off new home construction in South Lake County’s Wellness Way area as early as 2017, and help build a new road to open up the remote area to Walt Disney World and S.R. 429, is seeking an extension of its zoning approval. Avalon Groves, a 987-acre Planned...

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  • Brazilian meat processor picks Tavares to enter U.S. market, will renovate ice plant

    Brazilian meat processor picks Tavares to enter U.S. market, will renovate ice plant

    A Brazilian meat company is on the verge of expanding internationally by way of Tavares, with plans to re-purpose a former ice plant near the city for meat processing, for sale domestically and to new export markets, a principal with the company told GrowthSpotter.  Last September, The Gold Meat...

  • South Lake Hospital buys neighboring office building, adding to expansion

    South Lake Hospital buys neighboring office building, adding to expansion

    In the midst of South Lake Hospital’s announcement on March 16 of $50 million in expansion plans for its emergency department and two off-site facilities, the hospital’s purchase of a medical office building next to its main building flew under the radar. On the same day as the big announcement,...

  • Developer spins off two more Clermont parcels for restaurants

    Developer spins off two more Clermont parcels for restaurants

    Local developer Mark Graff of St. Clare Development sold off a second piece of the 5.6-acre Clermont property by South Lake Hospital that he carved a road through and entitled for four subparcels. Neighborhood Realty Partners Florida, an affiliate LLC of Atlanta-based private equity investors Argonne...

  • Developers respond to booming Four Corners demand with wave of new projects

    Developers respond to booming Four Corners demand with wave of new projects

    Anchored by two massive resorts -- Reunion and ChampionsGate -- central Florida's Four Corners area is booming with new construction, housing, and thousands of vacation homes. The convergence of Lake, Orange, Osceola and Polk counties is tucked between two of central Florida's largest economic...

  • Former custom homebuilder plans new type of assisted living product in Leesburg

    Former custom homebuilder plans new type of assisted living product in Leesburg

    The Leesburg City Commission will vote Monday on whether to rezone and annex 10.93 acres on U.S. 27 into the city at the request of a former homebuilder turned developer, who plans a new type of assisted living facility. Tom. L. Hofmeister, president of Elderfire Lodges, is planning to build Red...

  • Development approval for Mount Dora's Pineapple Point could be tricky

    Development approval for Mount Dora's Pineapple Point could be tricky

    Chances are it won’t be quick or easy for the new buyer of Pineapple Point, the last raw waterfront land in downtown Mount Dora, to develop the four-plus acres that boast 870 feet of waterfront next to the Lakeside Inn. The problem won’t be with the current zoning, which already allows the same...

  • Undeveloped land on Mount Dora's downtown waterfront sells for $2.8M

    Undeveloped land on Mount Dora's downtown waterfront sells for $2.8M

    An LLC tied to a local developer bought two strategically located undeveloped parcels on Lake Dora behind downtown Mount Dora's Lakeside Inn last week for $2.8 million from an insurance company that has held the land since 1998. While the two parcels -- one 1.3 acres and the other 3 acres -- are...

  • New Eustis manufacturer already planning HQ expansion

    New Eustis manufacturer already planning HQ expansion

    Just a few months after buying a new headquarters building and moving to Eustis, AeroDoor International is expanding its Lake County business. AeroDoor submitted a plan to the city asking for approval to add a 21,179 square-foot building onto its new home at 2770 Dillard Road. That’s an increase...

  • Bella Collina expects banner year for its luxury home sales, 23 starts lined up

    Bella Collina expects banner year for its luxury home sales, 23 starts lined up

    It’s been barely a year since Bella Collina started regularly seeing million-dollar home sales again, after the recession dealt the ultra-exclusive South Lake County hilltop development a hard smack down. This year the development is expected to do twice as well, with the cost of custom and semi-custom...

  • UP Development buys 41 acres in Clermont for $5M, considers mixed-use

    UP Development buys 41 acres in Clermont for $5M, considers mixed-use

    UP Development, re-developer of Fashion Square Mall, The Shoppes at Alafaya Trail and a number of other local projects, bought a 41.33-acre commercial parcel on S.R. 50 in Clermont for $5 million this week. The seller was Hills at Clermont LLC, an affiliate of Prudential Investment Management in...

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  • The Villages returns to its origin, buying mobile home lots in first community

    The Villages returns to its origin, buying mobile home lots in first community

    The Villages has come full circle. Even as it sells what it says is the last phase of the sprawling retirement community, Pine Ridge, it has started redeveloping its first Florida community, Orange Blossom Gardens, a mobile home park in Northern Lake County off U.S. 441. “It is revitalizing redevelopment,”...

  • Former Mount Plymouth golf course land up for rezoning in Lake County

    Former Mount Plymouth golf course land up for rezoning in Lake County

    The former fairways of a long closed 1920s golf course in Mount Plymouth will be put before Lake County's Planning and Zoning Board on Wednesday with a request to be rezoned from Medium Residential to Planned Unit Development, to allow for 197 homes lots on 92.8 acres. The golf course, where Babe...

  • County rezoning to create an 'Innovation District' in Mount Dora

    County rezoning to create an 'Innovation District' in Mount Dora

    Lake County Planning and Zoning will vote on Wednesday whether to rezone 265.5 acres east of Mount Dora and east of Round Lake Road, to allow for what the city is calling an "innovation district" to develop. Its first development would be a new campus of Lake Sumter State College, which landowners...

  • Charter school provider buys land in Minneola for new K-8 school

    Charter school provider buys land in Minneola for new K-8 school

    A subsidiary of Academica, a Miami-based charter school provider, has purchased land at the east end of South Street in Minneola to build a K-8 charter school. A deed recorded late Thursday transferred the property from Schoolhouse Finance of Arlington, Virginia, to Minneola School Development...

  • Eustis plans to market vacant downtown land to developers

    Eustis plans to market vacant downtown land to developers

    Since 2003, Eustis has had a 4.8-acre hole in the heart of its downtown. That’s the year Florida Hospital Waterman moved out and tore down its aged hospital building, leaving a few blocks of emptiness in the city's center. On Thursday, the Eustis City Commission will vote on a two-year partnership...

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  • Construction begins on new Eustis shopping center with area's first Panera

    Construction begins on new Eustis shopping center with area's first Panera

    Dirt is finally moving for construction of a much-anticipated shopping center on U.S. 441 in Eustis that will be home to the Eustis-Mount Dora area’s only Panera Bread, an Aldi grocery, and Tijuana Flats. Mattress Firm, Pacific Dental Services, and Vitamin Shoppe are also signed tenants, said Steven...

  • Lot-hungry homebuilder LGI buys vacant Tavares subdivision

    Lot-hungry homebuilder LGI buys vacant Tavares subdivision

    Hungry for lots ready for new homes in Tavares, LGI Homes has signed a contract to buy all the lots in a turnkey subdivision off Merry Road and Old U.S. 441. The Texas-based homebuilder, which has been selling homes at a rapid pace across the country with a unique sales technique, spent $1.105...

  • Epic Theatres buys the land it needs to build Mount Dora movie theater

    Epic Theatres buys the land it needs to build Mount Dora movie theater

    Epic Theatres of Deland has purchased the orange grove behind Target in Mount Dora where it has been planning to build the city’s only movie theater for about two years. The recorded Lake County deed shows that Epic Theatres paid the May and Whitacre Family Partnership $1.89 million on Jan. 7 for...

  • 25-acre Clermont site with apartment plan sells for $4.4M, ready for construction

    25-acre Clermont site with apartment plan sells for $4.4M, ready for construction

    More than 25 acres near Clermont with a site plan recently approved for 328 apartments sold Jan. 6, the same day of the plan's approval, for $4.4 million. Lake County approved a site plan on the 25.3 acres on the south side of S.R. 50, west of Hartle Road and behind Rooms To Go. The site plan includes...

  • Lake County neighborhood stalled in the recession sells to Avex Homes

    Lake County neighborhood stalled in the recession sells to Avex Homes

    A Fruitland Park neighborhood that has been sitting ready for construction of 90 homes since stalling at the beginning of the recession was bought recently by Avex Homes, which plans to open a model and start selling homes in the next two to three months. Avex Homes bought the turn-key community,...

  • Clermont irrigation company and land purchased

    Clermont irrigation company and land purchased

    Senninger Irrigation Inc., a 53-year-old Clermont-based company that designs, manufactures and sells irrigation products, was purchased by Hunter Industries, an international designer and manufacturer of irrigation products. "We did go through with a business acquisition with Hunter Industries,"...

  • National investment group buys 4 Central Florida Pep Boys

    National investment group buys 4 Central Florida Pep Boys

    The Niki Group, a real estate investment company from San Diego that specializes in partnering to develop and finance properties leased to long-term tenants, recently purchased four properties leased by Pep Boys in Central Florida from Doug Bolt of Bolt Ventures Inc., also known as Florida Tire...

  • Napleton Clermont Chrysler buys land for expansion

    Napleton Clermont Chrysler buys land for expansion

    A subsidiary of Napleton Clermont Chrysler Jeep Dodge Ram recently spent $580,000 to buy nearly 10 acres that back up to the dealership at 15859 S.R. 50. Barbara Hollerand, development services director for the City of Clermont, said the company’s representatives have been discussing expanding...

  • Failed Leesburg golf course set for new home development

    Failed Leesburg golf course set for new home development

    A former 104-acre golf course in Leesburg’s Silver Lake area is on the road to development into a residential community of 233 homes. The Silver Lake Golf and Country Club on the land has been closed for a while. Local entrepreneur Jim Hartman bought the club years ago when the golf course was...

  • Tavares seeks help finding the right developer for downtown block

    Tavares seeks help finding the right developer for downtown block

    Last Fall, the City of Tavares asked developers to send in proposals to redevelop a 1.53-acre section of a downtown block at Main Street, situated between Rockingham and New Hampshire, into a vital pedestrian plaza that might also include stores, restaurants and, perhaps, apartments. “(The proposal...

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  • Tavares mobile home park owner becomes reluctant developer, looks to sell land

    Tavares mobile home park owner becomes reluctant developer, looks to sell land

    If it were up to Robert Tamburo, his Three Palms Mobile Home Park in Tavares would stay exactly as it is, with elderly residents continuing to live there, faithfully paying their rent once a month. Instead, a number of compounding factors are forcing Tamburo to wipe the slate clean on his six acres...

  • 30 acres near Villages bought for faith-based senior rental community

    30 acres near Villages bought for faith-based senior rental community

    Thirty acres in Lady Lake, near The Villages, is set to become home to a new $40 million to $50 million Omega Community, a unique form of assisted living and other advanced senior health care formed in partnership with a faith-based organization and private equity. The faith-based organizations...

  • Tavares creating incentive for apartment development

    Tavares creating incentive for apartment development

    There aren’t many for-rent apartments in Tavares, so the City Council has voted to try to tempt some to town by deferring impact fees. The City Council recently voted to allow developers of apartment complexes with more than 100 rental dwelling units to defer paying as much as half of the required...

  •  Mount Dora theater developer gets zoning reprieve

     Mount Dora theater developer gets zoning reprieve

    Mount Dora’s planning and zoning board Wednesday gave the developer of a proposed movie theater part of what he asked for before building the city’s only theater and a waiver, for now, from the rest.  Frank DeMarsh, president of Epic Theatres of DeLand has planned to build a movie theater complex...

  • Lake County impact fee jumps in January

    Lake County impact fee jumps in January

    Education impact fees for building homes, including setting mobile homes, are going up significantly in Lake County starting Jan. 11. That’s the bad news for builders, but the good news is there’s still some time to slip in a few pre-paid permits by 5 p.m. Jan. 8, before the rate increase. The...

  • Proposed movie theater for Mount Dora is again in question

    Proposed movie theater for Mount Dora is again in question

    A last-minute request by the developer of a proposed movie theater in Mount Dora could have the effect of derailing the project, which has already survived a challenge to its height, a lead executive of the theater group told GrowthSpotter. Epic Theatres of DeLand is asking the city to waive its...

  • Controversial development plans for Sugarloaf Mountain revived

    Controversial development plans for Sugarloaf Mountain revived

    The recession sent the contentious development of Sugarloaf Mountain into hibernation, but the housing revival and a new turnpike exit near the mountain has re-awakened it and, possibly, the controversy as well. Since the 1990s there have been plans to build a couple thousand homes and businesses...

  • Landmark plant nursery in Mount Dora changes hands

    Landmark plant nursery in Mount Dora changes hands

    The Yard Stop Garden Center at 4200 South Highway 19-A in Mount Dora was sold on Monday to its current operator, who has been renting the land for about a year, the nursery's manager and new owner told GrowthSpotter.  Roger I. Biederman, who has owned the 3.86-acre nursery since 2000 when he bought...

  • Investor amasses Lake County land for future development

    Investor amasses Lake County land for future development

    An Orlando attorney-investor has acquired roughly 800 acres in Lake County, east of Eustis, that he is holding for development. John K. Keating recently added another 65-acre chunk of contiguous land to an assemblage he is amassing, spending $656,106 to buy most of the G & R Ranch, which is on...

  • Lake County's Wellness Way plan changed to Urban Service Area

    Lake County’s formerly state-derailed Wellness Way development plan for a 25-plus square-mile chunk of the county's southeast corner has a better chance of moving forward now with an urban service approach.  Instead of seeking to create and secure state approval for a development plan called a...

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  • Lake County's Wellness Way development plan is back on track

    Lake County's Wellness Way development plan is back on track

    Lake County’s formerly derailed Wellness Way development plan for a 25-plus square-mile chunk of Southeast Lake County appears to be back on the rails. "We have a settlement agreement in principal with the state (department of Economic Opportunity),” said Robert Chandler, Lake County’s economic...

  • Clermont bike shop's much-anticipated new store seen as growth catalyst

    Clermont bike shop's much-anticipated new store seen as growth catalyst

    Epic Cycles’ move to the South Lake trail on the shores of Lake Minneola in Clermont is a little delayed, but much anticipated by owner Roman Brana, local cyclists and the City of Clermont, home to many triathlons and other cycling centric events.  “It is taking longer than expected,” Brana said....

  • AutoZone continues expansion tear in Lake County

    AutoZone continues expansion tear in Lake County

    Lake Sumter State College Foundation had no plans to sell the land it bought five years ago along U.S. 441 in Leesburg until a realtor came along with an offer it couldn’t refuse. Lake Sumter lucked out to have the last vacant parcel on a stretch of U.S. 441 where AutoZone wanted to build a new...

  • Hangar door manufacturer moving from Apopka to Eustis

    Hangar door manufacturer moving from Apopka to Eustis

    Aero Door International, a manufacturer of super-sized doors for airplane hangars, is moving from Apopka to Eustis. The company recently bought the former ABC Sign Products building with 9,000 square feet at 2770 Dillard Road in Eustis for $440,000. Rick Gonzalez of Crosby and Associates represented...

  • Clermont developer sells land for future hotel, plans restaurant on S.R. 50

    Clermont developer sells land for future hotel, plans restaurant on S.R. 50

    Developer Mark Graff has been busy during the past few weeks, selling off a piece of land he owns on S.R. 50 in Clermont to a hotel developer and buying another S.R. 50 parcel where he plans to build a McAlister’s Deli, a fast-casual restaurant chain that is expanding in Greater Orlando. On Nov....

  • Leesburg poised for growth spurt

    Leesburg poised for growth spurt

    A new high-end gated condominium/duplex community is on the boards for the Silver Lake area of Lake County, said Leesburg Mayor Elise Dennison. The land is currently in Lake County’s jurisdiction, but there are plans in Leesburg City Hall to annex it into the city limits to secure city services,...

  • Fun Zone brings vitality back to Leesburg's Mall

    Fun Zone brings vitality back to Leesburg's Mall

    Lake County’s only mall, Via Port in Leesburg, is showing signs of life again thanks to Fun Zone, a combination arcade, bowling alley, restaurant/ bar and party room the mall’s newest owner installed in part of a former Target. Without any advertising, several hundred people at a time were playing,...

  • 3 more restaurants on tap for Clermont

    3 more restaurants on tap for Clermont

    Three new restaurants are in the works for a now vacant parcel in Clermont at 13322 S.R. 50, west of the interchange with U.S. 27. Equinox Development has a contract to purchase the 7.16 acres of timberland, conditional to Clermont approvals, Ryan Stahl, CEO and founder of Equinox, told GrowthSpotter....

  • Land acquired for new Lake County Goodwill store

    Land acquired for new Lake County Goodwill store

    A partner of Goodwill Industries of Central Florida has bought the land where its new Lake County store will be built for $1.5 million.  Ground breaking on the store is imminent, Goodwill Industries of Central Florida’s president and CEO William G. Oakley told GrowthSpotter. It is expected to be...

  • First Baptist Church of Leesburg plans development for 200 acres

    First Baptist Church of Leesburg plans development for 200 acres

    First Baptist Church of Leesburg is moving into the development business, planning to develop some 200 acres of dairy land in Fruitland Park that it inherited from the trust of a former member, the church's executive pastor told GrowthSpotter.  The church’s first order of business is planning a...

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