A Washington D.C. developer with prior success in Orlando is launching a new project in the City of Tavares.
The BurnBrae Companies has filed construction plans for a residential subdivision called Lakeside Forest on State Road 19, just north of the city’s Hickory Point Park on Lake Harris. The developer paid $1.4 million in late November for the two parcels totaling 119.6 acres, of which 66 acres is wetland. The site is across S.R. 19 from the Royal Harbor retirement community.
The plans by BESH-Halff call for 134 single family homes lots with a minimum lot size of 60 feet. About half of the property is designated for conservation, and the amenities include a mulched walkway along the conservation areas and an existing boat dock on the north end of the community.
BurnBrae President Rich Thometz said they had the property annexed into the city over the summer and recently submitted a preliminary subdivision plan to the city. They were drawn to the site because of its picturesque quality and proximity to Hickory Point Park, which has boat ramps, sand volleyball courts and soccer fields.
“It’s a fantastic park system, and it’s going to be a great amenity for the community,” Thometz said. As for built amenities within the neighborhood, it’s still a work in progress. Thometz said those details will be refined as they get closer to construction and signing on a homebuilder.
He told GrowthSpotter when BurnBrae put the land under contract, the S.R. 19 bridge between Howey-in-the-Hills and Tavares was under reconstruction. “We thought coming up from the Mission Inn that market window coming north is so beautiful.”
“We’re excited to bring a really high quality subdivision there and grow our residential project portfolio in Central Florida,” Thometz said.
The firm and its affiliate, Hailey Development, are wrapping up the final phase of Champions Reserve, a 221-home community in Davenport they co-developed with Ryan Homes. BurnBrae also secured entitlements for 210 townhomes at the corner of U.S. 27 just north of Sand Mind Road, next to Pulte’s Windsor Ridge resort community. In October, BurnBrae sold that project to Pulte for $4.4 million.
BurnBrae also secured entitlements for Bridle Path, a residential subdivision in Apopka’s Kelly Park road Overlay, and sold it to Forestar/D.R. Horton earlier this year.