September 21, 2019

Lake County Developments

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Developers respond to Clermont apartment moratorium

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.

Post office building in downtown Mount Dora to be converted to commercial space

The post office move in Mount Dora opens up a prime spot in the popular shopping district for a new tenant.

Eustis to call bond referendum to help finance $16.5M sailing center

The Eustis City Council gave staff the go-ahead to move forward with a March 2020 referendum that would give voters the say on whether to spend $10 million on the lakefront complex.

Park Square Homes planning new subdivision near Cagan Crossings

The Orlando-based homebuilder launched three subdivisions in the U.S. 27 corridor last year. Now it's adding a fourth in Clermont.

Publix to build replacement store in Leesburg’s Shoppes of Lake Village

Leesburg shoppers are going to get a bigger, better Publix. The Lakeland grocer plans to build a replacement store on U.S. 441.

FL Turnpike to start $212M widening project north of Minneola within five years

Fast-growing Lake County will be getting new express lanes on the Florida's Turnpike.

More land by Clermont’s Olympus project is being groomed for development

The tract is being prepped to support up to 600 multifamily housing units and a maximum of 152,000 square feet of retail and office uses.

Mount Dora retirement village plans major expansion

The Waterman Village retirement community has 250-person waiting list, so it's adding enough new apartments and and cottages to satisfy the demand.

Hanover advances subdivision plans south of Clermont’s Olympus project

The Orlando developer has filed engineering plans for the first of five phases for the 578-lot subdivision in Lake County's U.S. 27 corridor.

Downtown Mount Dora to get public market with NY deli, biergarten and more

Twelve vendors had already signed leases for the Mount Dora Marketplace, including the deli, a 28-tap craft bar, a florist, bakeries and juice bars. Find out when the market opens.

Longtime agricultural site in Leesburg being prepped for nearly 1,200 homes

The first phase of Tara Oaks will bring more than 300 new homes to the pasture lands on the outskirts of Leesburg.

Olympus developer scores major land acquisition for sports-themed community in Clermont

Olympus Sports & Entertainment Group just closed on a roughly 250-acre land deal where it's planning to build a $1.5 billion sports and wellness-themed community equipped with sport venues, hotels and homes.

Cagan Crossings adding more retail on U.S. 27

The developer already has deals with restaurant chains for the two end units.

CFX study picks best route for Lake/Orange Connector toll road

The closest residential community is Mattamy Homes’ Hawksmoor community in Horizon West, but the toll road would be south of the future Wellness Way.

Winter Park, Clermont apartments trade as part of $370M portfolio sale

The buyer has a global strategy to grow its real estate portfolio to $50 billion.

Houston investment firm adds Clermont shopping center to portfolio

This is the buyer's 10th Orlando area shopping center asset, and first in Clermont.

Work to start soon on 200+unit Atwater Apartments expansion in Lake County

Atwater Phase 2, which should take a year to build, will consist of 208 units spread over 13 buildings on 19 acres.

Lake County ranch sells for $3.4M to reform school operator

Convicted felon Stephen DeLuca's Lake County ranch will reopen as a reform school for non-violent youths.

Meritage Homes signs on to build new subdivision in Cagan Crossings

Hear what the developer of Cagan Crossings has to say about the new subdivision coming to the Four Corners area of Lake County.

Local and national homebuilders target Groveland with four new subdivisions

Find out why so many builders are bullish on Groveland, and see what they're building in the Lake County town.

Childcare center owner buys Clermont shopping center from landlord for $4M

Learn why the owner of a childcare center is paying over $4 million to buy the property he's currently renting.

Deer Island resident buys his Tavares golf course neighborhood for $4.6M

What do you do when you're looking for a new foursome? This Deer Island resident bought the golf course and undeveloped lots to add 60+ more homes.

Leesburg's revamp of Venetian Gardens nears completion with final phase

Learn which Orlando developer is on board to build restaurants at the newly revamped Venetian Gardens in Leesburg.

Clermont approves annexation for new subdivision on Hartwood Marsh Road

Get the details on this new residential subdivision planned in Clermont.

Howey-in-the-Hills council votes down 241-acre Mission Rise subdivision

This tiny Lake City town drew a line in the sand this week, saying no a developer who wanted to build 629 homes. Find out why.

Hanover Land sells Minneola subdivision to Beazer Homes for $7.5M

A unit of Sun Terra Communities has acquired 126 acres in the Hills of Minneola development in a land-banking transaction on behalf of Beazer Homes USA.

Lennar adding two new communities in Clermont and Groveland

The nation's largest homebuilder has just spent about $10 million on land in Lake County. Learn more about their plans here.

Venetian Isle mixed-use medical campus in Leesburg expands

Find out what's coming in this $100+ million project in Leesburg, right next door to the regional hospital.

Developer changes course on grand plans for Howey-in-the-Hills lakefront homes

Find out why this Orlando developer decided not to build lakefront mansions in Howey-in-the-Hills.

Developer planning $14M affordable housing community for seniors in Clermont

Get the details on a new 70-unit senior living project coming to Clermont that could help put a dent in the county's affordable housing need

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