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Four Corners developer looking for investors in shovel-ready project

Villa Domani is a proposed 62-home vacation rental community. Developer Lucia Camara is looking to sell her shares in the $24 million project to focus on other developments.
Villa Domani is a proposed 62-home vacation rental community. Developer Lucia Camara is looking to sell her shares in the $24 million project to focus on other developments.(Villa Domani)

A Polk County developer is looking to sell her shares in a shovel-ready vacation home project as she preps the adjacent property for office and retail development.

Longtime Davenport realtor Lucia Camara has an approved site plan for Villa Domani, a 62-unit boutique vacation home community at the corner of Lake Wilson Road and Town Center Boulevard, just blocks from Reunion Resort.

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"I'm looking for someone to buy my shares of the project," she said. "I have exclusivity for marketing the project, and that's big part because it's a $24 million project."

Camara told GrowthSpotter she worked closely with her architect to create a "fusion of Tuscan and Modern Industrial" design. The resort will include a clubhouse with its own private wine lounge, spa and pool with private cabanas. It will also have on-site concierge service and transportation services.

Camara describes her design style and a fusion of Tuscan and Modern Industrial. Villa Domani is designed to utilize four floorplans with a nine elevations.
Camara describes her design style and a fusion of Tuscan and Modern Industrial. Villa Domani is designed to utilize four floorplans with a nine elevations.(Villa Domani)

Polk County approved the site plan last December. County planners said the community still has to be platted, but horizontal construction could start immediately.

GrowthSpotter first reported on the project in March. Since then, Camara bought the 1.6-acre parcel just south of Villa Domani for $265,000.

She is scheduled to meet with the Polk Development Review Committee next week to discuss plans for Towncenter Commons, a 16,000-square-foot office and retail project. Kimley-Horn is the project planner.

Camara is seeking approval to build up to 16,000 square feet of office and retail buildings on the 1.6-acre parcel immediately south of Villa Domani.
Camara is seeking approval to build up to 16,000 square feet of office and retail buildings on the 1.6-acre parcel immediately south of Villa Domani.(Polk County)

Camara said a veterinary clinic is already planned for the center. "It's going to be a nice little complex there," she said. "We will do a coffee shop and other offices. We are open to builders and investors who want to come and participate, either building or buying. We can do build-to-suit."

Camara paid $850,000 in 2015 for the 7.8-acre Villa Domani parcel.

It's not uncommon for developers to try to unload property once it has approved permits. In late May, a group of Brazilian investors sold a similar-sized parcel in Kissimmee that was fully entitled for 88 townhomes. The buyer was Brazilian developer and builder Platinum Construções, who was looking to enter the U.S. market.

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Editor's Note: This article has been updated to clarify that the entire project is not for sale.

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

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