The 2-year-old shopping center just off the Lake Mary Boulevard interchange sold for over $9 million.
A rezoning request sought by local developer Rafael Martinez was approved Wednesday evening, allowing his proposed 126-unit apartment project to move forward.
The site has been an illegal dumping ground for decades. Now the developer is pledging to remove over 1,000 truckloads of hazardous waste.
A year ago, the city was talking about adding density bonuses to encourage affordable housing. Now Clermont has a 6-month moratorium on all new multifamily development.
If approved, the vast parking lots at Artegon could be redeveloped with over a thousand apartments, a new hotel and more shops.