More apartments, townhomes in the Davenport pipeline
By J. Kyle Foster
Nov 01, 2019 at 2:50 PM
Two developments in Davenport would add nearly 500 apartments and townhomes to the Four Corners community.
Ashton Woods and Park Square Homes – experienced builders in in Polk County and Orlando areas – filed final site development plans for the projects. Ashton Woods is developing Festival – a vacation townhome project it bought from Minto Communities in July for $2 million. Minto completed phase 1 and all the amenities, then sold the rest of the property to Aston Woods, which recently filed application for site review for phase 5.
Festival is located west of the intersection of I-4 across from the ChampionsGate golf resort. The project area is 32.35 acres and plans are for 164 residential units. Ashton Woods is working with Orlando-based Evans Engineering and landscape architecture firm, Bonnett Design Group. The site maintains zoning that allows for short term rentals, but the homebuilder has rebranded the property “The Enclaves at Festival” and is marketing the community to residential buyers.
Ashton Woods representatives could not be reached for comment. The Enclaves includes five floor plans ranging from $239,900 for 1,493 square feet to $287,900 for 2,105 square feet. All units have a 1-car garage. The homebuilder has already received site plan approvals for phases 2, 3 and 4. It filed a separate plan in September for a 1,500-foot extension of Festival Boulevard.
Erik Peterson, land development director for Polk County, told GrowthSpotter a big part of the plan is the roadway expansion, aimed at improving circulation and reducing trips on the congested U.S. 27 corridor and the interstate.
“ChampionsGate Boulevard will continue all the way to Buckingham in West Haven (in its final phase) and onto Denison Road,” Peterson said. “When the town center is built, it will have a connection. It will distribute the traffic.”
Neo at Four Corners
Just west of ChampionsGate, Park Square Homes is building Neo at Four Corners – a mixed-use development anchored by a 340-unit apartment complex. The 27-acre parcel is located southwest of U.S. 27 and U.S. 192. It’s a continuation of the company’s Neo brand that was first introduced in Kissimmee.
“This is exactly the same plan and the same number of apartments” as Kissimmee, Park Square Homes Commercial Real Estate Director Sid Gautam told GrowthSpotter.
The apartment complex has four major blocks that will include most of the apartments, along with 10 small cottage homes with 6 units each, Gautam said.
With a modern façade and amenities aimed at fostering interaction, Neo Four Corners is aimed at the millennial market, Gautam said. Amenities will include pool, club house, a dog park, open lounges, Internet spaces, a large fitness center overlooking the pool, yoga areas, grill stations with outdoor dining areas, a fire pit and and landscaping features – like a hammock garden –that allows for groups to gather, he said.
“This would be a little bit more urban than that which surrounds us,” Gautam said. Neo Four Corners will include 48 studios, 148 1-bedroom, 184 2-bedroom and 16 3-bedroom apartments, Gautam said. The average price is about $1.45 per square foot.- that may change depending on the market.
Park Square Homes is pushing for horizontal – site development work – in early January or February of 2020. After the apartments are built, Park Square plans to use the land fronting on U.S. 27 for retail and a hotel, Gautam said.