David Weekley Homes is working toward delivering the final phase of its Johns Lake Landing single-family home community in Lake County.
The Houston, Texas-based homebuilder is once again partnering with property owner and developer James Fant, this time seeking to build up to 88 additional residences within the 310-acre Johns Lake Landing Planned Unit Development. located south of State Road 50, between Hartle Road and Magnolia Pointe Boulevard.
Earlier this week, Lake County commissioners approved a rezoning amendment seeking to reduce the number of allowable multifamily and townhome units in the PUD, in order to increase the number of permissible single-family homesites in the master-planned community. The settled upon terms decrease the number of multifamily and townhomes units possible from 328 to 186 units, freeing up the single-family capacity to 547 units.
Real estate attorney Donald Curotto, with the Orlando office of Shutts & Bowen LLP, submitted the application on behalf of the property owner.
Drew Abel, land acquisition manager at David Weekley, told GrowthSpotter the homebuilder has closed over 225 homes in Johns Lake Landing since beginning development in 2014. The final phase is expected to be platted mid-2021, he adds.
“Clermont is a high-demand area where David Weekley Homes is targeting other future properties to follow this successful community,” he said.
Home prices in the community typically begin in the $350,000′s, according to David Weekley’s website. Depending on size and location, like lakefront homes, that price can increase.
A Preliminary Site Plan for the planned project has not yet been submitted in the county.
Just south of the site, M/I Homes is building out its single-family home community called John’s Lake Landings By M/I Homes. The subdivision contains more than 130 single-family lots.
North of the project, there’s still available space for potential development to occur including multifamily/townhome development, as well as commercial development along State Road 50.
In total, the 310 acres within the PUD allows for the development of assisted living facilities, single-family dwelling units, multi-family or townhome units, and 425,000 square feet of gross leasable commercial space.
David Weekley is also in the midst of developing an 79-unit townhome community on Clarke Road in Ocoee. Abel said environmental permits for the development were issued this week.
The homebuilder expects to close on the property, begin land development and submit a plan revision soon. The community called, Lake Meadow Townhomes, features townhomes with two-car garages, a community amenity center and a gated entrance.