Pulte Homes is under contract to buy 57 acres in Four Corners with plans to build a 346-unit community of single-family homes and townhomes expected to go on the market in 2022.
Located east of U.S. 27 and north of Dunson Road in Davenport, the property is part of the 131-acre Four Corners Town Center DRI (Development of Regional Impact). The land Pulte sees closing on this summer was previously approved to be a regional mall, but the owners Albertson International and Centrecorp are seeking to change the future land use from Regional Activity Center to Residential Medium.
The proposed subdivision would include 189 single-family detached homes with 40-foot wide lots and 157 townhomes, according to plans by engineer and landscape developer Kimley-Horn. Community access will be from the south at Dunson Road. A proposed access connection to US 27 is also to be included in the conceptual plan. Amenity areas of 1.25 to 1.5 acres are planned with a pool, cabana and tot lot, Max Perlman, Pulte vice president of land acquisition, told GrowthSpotter.
“The location offers convenient access to major road networks with close proximity to a myriad of shopping and dining options,” Perlman said. Four Corners is becoming a residential hub with Four Corners Town Center at U.S. 27 and Ronald Reagan Parkway. Posner Park and ChampionsGate, busy and growing communities in the heart of the I-4 corridor near the four counties that give the region its name. The Posner Park mixed-use district includes two major shopping centers, a movie theater, a transit hub and three multifamily communities.
Two frontage parcels are left in the DRI on U.S. 27 that likely will be used for commercial and then a back parcel on the northeast corner of the property has a future land use designation of regional activity center but likely will be updated to residential, Polk County Planner Chanda Bennett told GrowthSpotter.
The U.S. 27 corridor is one of Polk County’s busiest industrial distribution hubs, but the county’s Ronald Reagan Select Area Plan restricts all warehouse development to the west side of highway. County commissioners in 2017 rejected a plan by Seefried Industrial Properties to build 1.4 million square feet of distribution warehouses on the town center property. But they already noted the site could help satisfy demand for workforce housing, amending the development order to allow for residential uses. The 17-acre parcel fronting on Reagan Parkway now has zoning and entitlements in place for a 300-unit apartment complex by Atlanta-based Red Clay Development Partners.
The county’s Development Review Committee heard a pre-application request this week for two parcels comprising 15.4 acres at the southwest corner of U.S. 27 and Dunson Road. The owner, Steven B. Ko of Waverly Growers is seeking a comprehensive plan amendment to change the future land use from Regional Activity Center to Business Park Center.
“It’s all about having a mixed of uses in this part of the county,” Bennett said, “and it’s certainly achieving that — a mix of uses.”