Lake County's Groveland -- which carries the slogan "The city with a future, watch us grow!" -- voted on Monday to take its first step toward approving a 2,467-acre mixed–use development with the potential to double its size.
The Groveland Council started by voting to create a zoning category new to the city: a PUD (Planned Unit Development), as well as a new zoning category for the development: Master Planned Community.
A second reading is scheduled for Nov. 7 that would finalize the zoning changes, and annex the land into city limits.
The development, owned by various foreign LLCs with the root name Floribra-Villa City, is southwest of the Florida Turnpike, north and south of U.S. 27 and on both sides of CR 565.
The development's PUD calls for 2,570 single-family homes, 2,000 multifamily units, and 3,190 active adult homes. Additional commercial entitlements include 300,000 square feet of office space, 100,000 square feet of industrial, 500,000 square feet of retail, an assisted living facility with 400 beds and a hotel with 150 rooms. Another 20 acres are reserved for a school.
Owners are seeking a developer or developers to purchase the land, with several interested, he said.
Construction on the property could begin as early as next year, added Kramer, a projection contingent on buyer interest in parts of the 2,467 acres.