Pineloch Management Corp. has applied to annex the 2,000-acre Center Lake Ranch into the City of St. Cloud, and is seeking mixed-use zoning for the community of more than 3,000 homes.
Pineloch Vice President Richard Gonzales told GrowthSpotter the development could still be years away, but the company's primary reason for the annexation at this time is to finalize the road and utility agreements with the city.
"We're not going to be master developer," he said Wednesday. "We're not homebuilders. This is about getting rights to roads and utilities."
Center Lake was approved by the county as a Development of Regional Impact (DRI) in 2011. The initial plan called for 2,201 single family homes, 1,172 multifamily units, 170,000 square feet of retail use, 70,000 square feet of office space plus civic and community uses.
Even though Pineloch will be filing to rescind the DRI, the development program would remain largely intact.
The plan calls for a major community center at the intersection of Rummel and Narcoossee with a design that meets guidelines in the Narcoossee Community Plan. The city has annexed several tracts earlier this year at the same intersection, including a planned 64,500-square-foot commercial development.
The previously approved development order for Center Lake set a benchmark requiring at least 60,000 square feet of non-residential uses by the completion of Phase 1, which has roughly 1,200 residential units.
The first phase would include 300 homes, 442 townhomes and 440 apartments or condos. An elementary school serving 970 students and 30,000 square feet of office space are also planned in Phase 1.
The plan also emphasized Green Building practices, requiring native plants and vegetation, water conservation and an effort to meet LEED standards in all clubhouses and community centers.
Pineloch has engaged VHB's Orlando office to assist with transitioning the project from county to city jurisdiction.