xml:space="preserve">
Developers paid $1.2 million for 87 acres in Haines City that was recently rezoned for a 367-lot subdivision.
Developers paid $1.2 million for 87 acres in Haines City that was recently rezoned for a 367-lot subdivision. (Haines City / staff edit)

A Polk County developer paid $1.2 million last week for nearly 90 acres of timberland on Haines City's Scenic Highway that has city approval for a 367-lot subdivision.

Cassidy Organization, a Winter Haven-based land developer, won approval June 21 to rezone the property just east of Little Lake Hamilton for a Residential Planned Unit Development.

Advertisement

The property was owned by members of the Horton family and was held in various trusts. The buyer was an affiliate of Heath Construction owner Warren Heath and Jack M. Barry III, grandson of the late citrus baron Jack M. Barry.

This preliminary site plan shows the possible layout of the 367-lot subdivision on Haines City's Scenic Highway/10th Street.
This preliminary site plan shows the possible layout of the 367-lot subdivision on Haines City's Scenic Highway/10th Street. (Dennis Wood Engineering)

Mark Bennett, Haines City's deputy director of development, told GrowthSpotter the buyers now must file a preliminary plat before starting horizontal construction. The site plan prepared by Dennis Wood Engineering did not include a phasing plan.

The property is across the street from the expanding Aldi Food Market distribution center, but is in a growing residential area. The neighborhood will be just across the lake from BellaViva, an active adult community in development by Richmond American Homes and Better Built Homes.

New gated lakefront community in Haines City would feature smaller homes and duplexes.

D.R. Horton is also active in the Haines City market and is under contract to buy 186 acres that were previously approved for a short-term rental resort community. Horton plans to develop the 550-lot community for primary residential use.

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.

Advertisement
Advertisement
Advertisement