A few months after selling 72 acres his ranch land to Hanover Family Builders, St. Cloud rancher Preston Tyson is prepping to entitle another 92 acres of the ranch for residential development in the once-rural area.
Broc Althafer with Osceola Engineering has filed a preliminary plan and requested a pre-application meeting with the Osceola County Development Review Committee to discuss the project. The ranch land is located at 1501 Pine Grove Rd., just east of Nova Road, in the Osceola-St. Cloud Joint Planning Area.
Althafer submitted a conceptual site plan for a 296-lot subdivision with three housing products. The plan includes 34-foot wide rear-entry bungalow lots, 50-foot wide front-loaded lots and 85-foot wide side loaded corner lots. The plan also allocates 17.5 acres for open space and recreation.
The land is currently zoned Agricultural and enjoys property tax exemptions for the use. The future land use is Low Density Residential (LDR). The corresponding LDR zoning would allow a range of 3-8 units per acre, so the 296 units is just slightly over the minimum requirement.
Orlando-based Hanover paid $2.86 million in early October for the three parcels at Pine Grove Road and Lake Lizzie Drive. The homebuilder applied to rezone the property from Agricultural to LDR and cleared the county’ Planning Commission on Dec. 17. Hanover’s VP of Land Ben Snyder told GrowthSpotter that if commissioners approve the rezoning in January, they would follow with a Preliminary Subdivision Plan for about 300 detached homes.
Sandwiched between the two Tyson Ranch properties is another 92-acre assemblage owned by developer Randy Larson. That property has an approved subdivision plan for 315 homes in a community called Pine Grove Reserve. It was previously under contract to two different homebuilders.
The three communities combined could bring more than 900 new homes to the area west of Lake Lizzie and south of the future Center Lake Ranch community.
Meanwhile, Osceola County’s School Board voted on Dec. 15 to move forward with purchase negotiations with the owners of 131 acres on Nova Road that abuts the Larson property. The School District plans to build a transportation facility there within the next five years and bank the rest of the land for a future high school.