AV Homes has filed preliminary plans to build a 406-lot subdivision at the Marigold Avenue entrance to Poinciana Parkway.
Anthony Iorio, vice president of development for AV Homes, met last week with Osceola County's Development Review Committee to discuss some staff concerns over the proposed entrance road to the subdivision. AV's planning consultant, Rj Whidden & Associates, shifted the road further east on Marigold to create separation from the toll road entrance.
Iorio told GrowthSpotter the project would be a self-contained neighborhood, but the builder is still developing concepts for the community. The village is approved only for single-family homes.
"We love the location because it's right off the Parkway," he said.
The Osceola County Expressway Authority opened the toll road in 2016. Last month, the Marigold segment averaged nearly 7,600 cars per weekday.
AV Homes has yet to decide the lot sizes and price points, or even choose a name for the community, he added.
Planner John Adams said the developer would vacate road right-of-way for the original alignment of Eastbourne Road. The road vacation is part of the Poinciana PD amendment being sought by AV Homes.
The Osceola DRC approved the PD amendment, subject to a few modifications. But county engineer Jimmy Wells said the new road doesn't comply with the county's land development code, and if the Florida Department of Transportation rejects a new Eastbourne Road alignment, the amendment may be a moot point.
Adams said it would make no sense to revert to the original alignment, since it would put the neighborhood entrance even closer to the interchange.
"Eastbourne Road exists now," Adams said. "What we are moving it to what we believe is a better solution."
Iorio said AV expects to start construction in 2018. The new subdivision is north of AV Homes' popular retirement community, Solivita, which is now selling its final phase.
Solivita is a 4,300-acre retirement community with its own town center, country club, two golf courses and 14 pools. The community is approved for 5,600 homes. Sales Director Bob Kanjian told GrowthSpotter in June the builder expects the lot inventory at Solivita to last another three years.
In the meantime, the Arizona-based developer will likely seek to add density to the future Solivita Grande, which is approved for a golf course community with 798 single-family homes.
AV Homes is also in the early permitting stages for a Transit-Oriented Development (TOD) with 700 homes just north of the Poinciana SunRail station in Kissimmee.
This story has been updated with Mr. Iorio's correct job title.