xml:space="preserve">
xml:space="preserve">
Advertisement

Atlantic Housing Partners plans major expansion of Fruitland Park mixed-income community

Atlantic Housing Partners paid over $1.2 million to assemble 12 parcels for the expansion of its Spring Lake Cove mixed-income apartment community.
Atlantic Housing Partners paid over $1.2 million to assemble 12 parcels for the expansion of its Spring Lake Cove mixed-income apartment community. (Lake County Property Appraiser)

A Winter Park multifamily developer that specializes in affordable housing has filed construction plans for a major expansion of its Spring Lake Cove Apartments and Senior Villas in the fast-growing City of Fruitland Park.

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.

Advertisement

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.

The Reserve at Spring Lake Cove would add 128 units to the existing community in Fruitland Park. The old and new sections would have road and trail connections.
The Reserve at Spring Lake Cove would add 128 units to the existing community in Fruitland Park. The old and new sections would have road and trail connections. (Madden Moorhead & Stokes)

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.

Foster Conant and Associates is the landscape architect; Madden, Moorhead & Stokes is the civil engineer. The development plan calls for 21 one-bedroom units, 62 two-bedroom units and 44 three-bedroom units.

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 retains LPG 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.

The Villages is helping the sleepy Lake County town cope with its breakneck building pace, including paying for extras the town couldn't afford on its own.

“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.

Beliveau said the city has recently approved new commercial center on 466-A at the county line, and a Baptist Church just down the road filed plans for four commercial outparcels fronting on the new 4-lane road.

Have a tip about Central Florida development? Contact me at lkinsler@GrowthSpotter.com or (407) 420-6261, or tweet me at @byLauraKinsler. Follow GrowthSpotter on FacebookTwitter and LinkedIn.

Advertisement
Advertisement