After nearly a year of neighborhood meetings and redesigns, Hanover Capital Partners got the go-ahead for its next major residential project in Lake County.
The Leesburg City Council unanimously supported the Planned Unit Development rezoning application for 154.5-acre assemblage that clears the way for 542-home subdivision on State Road 48, just east of the Highland Lakes retirement community. The City Council overruled its Planning Commission, which had voted to recommend denial.
Hanover Vice President Matt Orosz told GrowthSpotter he anticipates being ready to break ground within 6-9 months, with the grand opening slated for late 2021 or early 2022. Hanover, which owns its own home building division, typically partners with other builders on its larger projects.
“We’re exploring a partnership with another builder,” Orosz said. “A deal this size, we like to do multiple product lines.”
The conceptual plan calls for all single family detached homes with a mix of three lot sizes: 40 feet, 50 feet and 65 feet. The smallest lots will be internal to the community, and the 65-foot lots would be on the perimeter where the project abuts homes in Highland Lakes.
Sarah Maier, project lead with Dewberry, said the design team located ponds and open space along the neighborhood borders, where possible. When the lots back up to existing homes, Hanover would construct a 6-foot wall and maintain a minimum 25-foot landscape buffer between the property lines.
She said the PUD conforms to the existing Estate Residential future land use, which allows up to 4 homes per acre. The subdivision density comes to about 3.3 units per acre.
Hanover is actively building several communities in Lake County, including Windsong in Leesburg, where it just received City Council approval for a new phase with 126 lots. Hanover will offer a similar product mix and amenity package in the newest subdivision.
“We’ve got different lot sizes, so we’ll offer between 8-12 different floor plans ranging from around 1,300 square feet up to over 4,000 square feet,” Orosz said. “We’ll do a nice amenity, and that will be a driver for the neighborhood. But we feel like the price point will be the most attractive feature in this community.”
The prices will start in the low to mid $200,000 range, he said. In addition to the pool and cabana, the neighborhood will have a dog park, neighborhood parks, a multi-use field and sidewalks throughout.
Orosz said that even though Highland Lakes has townhomes and duplexes, Hanover decided not to offer any attached units. “In these types of locations, we like to offer yards,” he said. “For our target customers, having that open space is a luxury.”
Councilman Dan Robuck noted that the city is investing millions of dollars in parks and recreation facilities to attract more families to the area, so he appreciated the effort to design a community that would be attractive to that market segment.