Eustis Commissioners have approved a concept plan by Hanover Capital Partners to develop a residential subdivision with 578 homes on the former Pine Meadows golf course, potentially clearing the way for the long-delayed annexation of the property.
Although the Commission vote was a unanimous 5-0, the project still needs further Commission approval.
“It’s a non-binding concept plan,” said Eustis City Manager Ronald Neibert. “It’s not an entitlement. It just gives the developers a sense of comfort that at this point the Commission is generally happy with the way this is going.”
The plan as originally proposed has not changed, Neibert said. The commission was originally scheduled to vote on the voluntary annexation and future land use request for Pine Meadows in December 2020, but members decided to delay the final vote due in part to a conflict with Lake County Commissioners over a series of annexations nearby along Thrill Hill Road.
The city and county have negotiated an Interlocal Service Boundary Agreement for the Pine Meadows project. Under the terms of the ISBA, the property cannot be developed until the city extends water and sewer service to it. The city agrees it won’t use the Pine Meadows land as a vehicle to annex any additional properties in the area until they meet certain standards defined by state statute.
Public comment at a recent City Commission meeting was limited to concerns over drainage and water quality.
The 239.8-acre Pine Meadows Concept Plan is in a partially wooded area that includes wetland, meaning the net developable area will be 173.5 acres. The residential subdivision would consist of 186 house lots, 180 cottage lots and 212 town homes with conservation areas, a bike trail and other open space. The plan includes amenities, such as a pool and cabana, dog park and large conservation area with nature trails.
According to the resolution passed by the commission, the proposed net density of 3.32 dwelling units per acre falls below the maximum of 5.0 dwelling units per acre established for the Suburban Residential land use designation.
Ben Snyder, Vice President of Land Acquisition for Hanover, said the development would come in phases, and that it would be about two years before construction of the first house. The full build-out is expected in eight to ten years.
During a community meeting, he said the development would consist of three different types of housing product types. The townhomes would be 20-feet wide and would be priced from the low-to-mid $200,000. The 40-foot lots would feature Hanover’s cottage homes, ranging in size from 1,400 to 2,500 square feet. The cottages would be priced in the mid-to-high $200,000s.
Finally, the 50-foot lots would include a variety of floorplans ranging in size from 1,700 to 3,000 square feet. These homes would be priced in the high $200,000s.