Atlantic Housing Partners is seeking environmental permits from the St. John’s River Water Management District for 36 acres adjacent to the existing community, just off U.S. 27 in northwest Lake County. The sister community would be called Reserve at Spring Lake Cove and would consist of 128 multifamily units.
Atlantic Housing paid over $1.2 million in January assembling a dozen parcels stretching from Spring Lake Road to Cooke Drive west of U.S. 27 for the new community. The developer, which completed Spring Lake Cove Apartments in 2008, has also applied to the city for Planned Unit Development zoning and submitted a site development plan. The future land use is Multi-Family High Density.
Both can be reviewed concurrently, but the site plan cannot be approved until the PUD zoning is in place. The submitted plan calls for 128 dwelling units. Like its sister development, the new complex would feature a mix of one- and two-story buildings. Only 10 of the units would be two stories. Atlantic Housing has also proposed using the one-story attached product at Eudora Groves, a market-rate community recently approved in the city of Mount Dora.
The PUD request also includes a road and trail connection to the adjacent community so residents can utilize the existing recreation amenities. Spring Lake Cove has a pool, clubhouse with fitness center, a putting green, walking trails and a lakefront park on Zephyr Lake with a playground and picnic shelter. The property is managed by Concord Management.
Fruitland Park retainsLPG Urban & Regional Planners to assist with permit reviews. CEO Greg Beliveau previously worked with Atlantic Housing on the Eudora Groves project but will be in a different role this time as the contract planner for the city. He told GrowthSpotter this particular site has gone through the pre-application process multiple times, but this is the first time a Site Development Plan has been filed with the city.
“Fruitland Park is growing like gangbusters,” he said, noting the recent expansion of The Villages retirement community across the Sumter County line into the city. “There’s a section of Fruitland Park called The Villages of Pine Ridge that almost 2,100 units.”
The Villages, the nation’s largest and fastest-growing retirement community, invested heavily to upgrade the city’s water and sewer utilities to serve the expansion. The developer also widened County Road 466-A from two lanes to four from the Sumter County Line to U.S. 27 to accommodate the traffic the new residents.