Hotels & Hospitality Development News in Central Florida

Tampa homebuilder to resurrect defunct Four Corners vacation home community

A Tampa homebuilder wants to resume construction at Waterstone by building 464 new vacation homes. The parcels outline in blue would be developed for commercial uses. The 18-acre parcel outlined in red would have 300 apartments.

Tampa-based Bering Homes is looking to breathe new life into the former Tierra Del Sol Resort, a Four Corners-area vacation home community that stalled after the original developer went bankrupt.

Bering President Chad O'Brien has applied for a major modification to the 10-year-old Planned Development of the community at the northeast corner of U.S. 27 and Bella Citta Boulevard in Davenport.


Tierra Del Sol, on the Osceola-Polk border, was originally approved for 1,821 condos and townhomes on 121 acres. Prime Group took over the 96 unfinished townhomes in the project's first phase and rebranded them as Waterstone Courtyard Villas. Those units were completed in 2016. Prime also built a community pool and clubhouse, but the planned water park was not built.

Bering acquired the undeveloped property in 2013 through a Special Magistrate's Deed.


The engineering firm is still involved in the project, now working with Bering to amend the PD. O'Brien wants to reduce the density by eliminating the condos and townhomes and building single-family homes instead. In the impact assessment statement, Kimley-Horn's Kelly Bulloch wrote that the project had been dormant since the townhomes were completed.

Waterstone is in the rapidly developing Bella Citta Bouelvard corridor, which includes a future expansion of ChampionsGate Country Club (purple) and future mixed-use project called Eden Gardens (blue).

"The requested single-family development will continue the trend in this area of short-term, single-family type uses," she wrote. "The existing townhomes and clubhouse amenity will remain and the single-family residential will be developed in the remaining portions."

The site plan calls for a total of 464 homes on 40-foot and 50-foot lots and an expansion of the amenity center. Tierra Del Sol Boulevard would be extended to a future signalized intersection at Bella Citta.

The plan also carves out 18 acres for a 300-unit apartment complex and two commercial lots, including a 4-acre corner lot at the U.S. 27 - Bella Citta intersection. The site plan does not list the size of the larger commercial parcel, but Bulloch said the developer is currently in discussions with Polk County Schools regarding a potential school site on that lot.

The PD modification cleared Polk County's Development Review Committee this week and is scheduled for a Planning Commission hearing on June 6.

Bering Homes was founded a decade ago by O'Brien's father, Mark, a former chief executive officer of Pulte Homes and Jim Walter Homes.

The project is right across the street from Champions Plaza, a 38-acre town center being developed by Park Square Homes CEO Suresh Gupta, among others. It includes a 326-unit Class A apartment complex by NM Residential, a new WoodSpring Suites hotel and a future retail plaza.

Across the county line in Osceola County, Lennar is busy building and expanding new phases of ChampionsGate. Two more developers have amassed 184 acres of vacant land along the future Westside Bouelvard extension, just north of Bella Citta.


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