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Olympus developer tweaking master plan to accommodate new health partners

The developer of Clermont's Olympus sports and wellness-themed district wants to expand and relocate the medical office complex and shift the apartment complex to the southwest corner of the property.
The developer of Clermont's Olympus sports and wellness-themed district wants to expand and relocate the medical office complex and shift the apartment complex to the southwest corner of the property. (Olympus Sports & Entertainment Group)

The Clermont City Council on Tuesday unanimously approved a revised site plan for the sports themed Olympus mixed-use community, clearing the way for the developer to break ground early next year.

Olympus Sports & Entertainment Group President Mike Carroll told council members the map amendments were necessary for the development team to proceed with construction.

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“I can tell you that Olympus is moving forward in the face of what’s been a very challenging time for everyone the economic and health crisis,” Carroll said. “And I think we’re going to emerge from the pandemic in an even stronger position than before.”

Carroll said the Olympus Community Development District has been certified by the State of Florida to issue up to $50 million in bonds for the site development. “And with the adoption of this (PUD) amendment, we can move forward immediately with infrastructure in the first quarter of 2021.”

The medical office district, now in the northwest corner of the property, would be expanded to allow for a new medical fitness center and senior housing component.
The medical office district, now in the northwest corner of the property, would be expanded to allow for a new medical fitness center and senior housing component. (Handout)

The specific changes affect the development zones along U.S. 27. City Planning Director Curt Henschel said the still-unnamed health partner wanted to move its facilities closer west to improve the visibility along the highly traveled corridor.

Along with the Health & Wellness Campus uses, medical fitness and senior care residences will be allowed as an ancillary use within the medical office zone. The senior care housing would include Independent Living and Assisted Living units.

The Health & Wellness Campus shift has required the relocation of the multifamily site south of its original position. The prior hotel zone along U.S. 27 is reduced in size to accommodate the relocated multifamily site.

Olympus Sports & Entertainment Group just closed on a roughly 250-acre land deal where it's planning to build a $1.5 billion sports and wellness-themed community equipped with sport venues, hotels and homes.

“Speaking of health, I would just note that because of our focus from the very beginning with this project on health and wellness, we are even more relevant today in the current climate,” Carroll said. “And I think we will continue to be more relevant in the post COVID recovery period.”

In addition to the health partner, Olympus is currently in late-stage discussions with a “renowned orthopedic group” to provide sports medicine, medical fitness and sports performance, according to the project justification. Those components will be added to the existing Athlete Center within the Sports Campus,

Plans for Olympus call for up to 1,312 hotel rooms; 805 townhomes; 614 apartment units; 155,642 square feet of office space; 360,358 square feet of retail space and 345,283 square feet of medical office space that will feature spa services and holistic programs as well as centers that provide orthopedic injury diagnosis, rehabilitation services and physiology, nutrition and conditioning programs. City staff noted that the request wouldn’t change any of the maximum entitlements and recommended approval.

The project is designed to be built out in five phases, but if construction hasn’t started within two years, the PUD ordinance expires.

The tract is being prepped to support up to 600 multifamily housing units and a maximum of 152,000 square feet of retail and office uses.

The PUD revision comes on the heels of the development group announcing a strategic partnership in November with Broadcast Service Group, a global leader in sports and entertainment production that counts ESPN, NBC Sports and Fox Sports among its portfolio of clients.

The Olympus Sports City campus plan features a Championship Tennis Center, Track & Field Stadium, Ice Sports Center, Aquatics Center, Multi-Sport Center, Field Sports Complex (multisport outdoor complex featuring FIFA-compliant soccer pitches, rugby and lacrosse fields), Beach Volleyball Center, and Epic Center (a 5,000-seat arena designed to host collegiate, professional and elite sports events, as well as concerts and other special events).

In what was his final meeting as city manager, Darren Gray estimated the Olympus project would create over 4,000 jobs and generate $1.4 billion in economic impact. “This will propel Clermont to the next level as a sports and wellness hub,” he said.

Have a tip about Central Florida development? Contact me at Newsroom@GrowthSpotter.com or (407) 420-6261. Follow GrowthSpotter on Facebook, Twitter and LinkedIn.

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