Fast-growing Cassidy Organization is expanding its land portfolio in eastern Polk County with several new residential subdivisions in the pipeline.
The Winter Haven-based developer scored permits and city approval this month to establish a community development district for a 367-lot subdivision on Haines City's Scenic Highway.
And Davenport's City Commission is scheduled to vote Monday on preliminary plat for Southern Crossings, a 93-lot subdivision at the intersection of South Boulevard and U.S. 17-92.
City Planner Raymond Perez told GrowthSpotter the 25-acre site had previously been approved for a 64-lot subdivision, but it would have been built with septic. Now public utilities are available.
"It had to go through the whole process of rezoning again because the owner decided to redesign it and go with smaller lots," Perez said. "The minimum lot size is 55x110."
Gadd, Case and Associates of Lakeland is the civil engineer.
In late December JMBI Real Estate, an affiliate holding company for Cassidy, paid over $1.2 million for another 50 acres of orange groves at the corner of 30th Street and Grace Avenue, near Haines City Senior High School.
The property currently enjoys an agricultural exemption, but it's in a neighborhood that's quickly transitioning to residential. It's immediately north of Bonnies Landing, one of two residential subdivisions in development by CBD Real Estate Investment LLC for a combined 553 lots.
Cassidy has several more projects in development:
- Last September Davenport approved Citrus Crossing, a 182-lot subdivision on 43 acres on Forest Lakes Drive, just east of U.S. 27.
- In October the city rezoned 119.5 acres on U.S. 17-92 and Davenport Boulevard for a new 457-lot subdivision.
- In February the developer filed a revised residential site plan with Polk County for Madison Place, a 346-unit townhome community on the U.S. 27 corridor, across from Heart of Florida Regional Medical Center.