UPDATED: FEBRUARY 21, 2019 5:50 PM — Orlando-based developer Khaled Hussein wants to introduce a new single-family home community directly across the Chapel Hill Cemetery in east Orange County.
According to a recent Technical Review Group application filed in Orange County, Hussein is seeking to rezone four parcels of mostly undeveloped land directly east of Harrell Road from A2 to PD.
A majority of the roughly 17 acres is owned by a trust that lists Jacqueline M. Lloyd and Sheryl Meeks as trustees. Felix and Delfina Bon Pastrana own the remaining 4.6 acres just north of the Little Econlockhatchee River and the Little Econ Greenway.
Under the current zoning, the developer would be capped at one dwelling unit per every 10 acres. Park Square Homes CEO Suresh Gupta said Hussein is looking to build 67 single-family market-rate homes.
Park Square, which has partnered with Hussein before, is in discussion with teaming up with the developer on the project.
Hussein, of Cedar Engineering Consultants, said he's in talks with several national homebuilders looking to collaborate on the development called Harrell Oaks. AVCON Inc. is the civil engineer.
The property straddles Trevarthon Road and is near the S.R. 417 and East Colonial Drive interchange.
Surrounded by a small white fence, the Chapel Hill Cemetery to the propery's left features a well-kept green field with neat rows of gravestone markers.
Though an unusual site to neighbor, the cemetery wasn't a deal breaker for partners, who are known for taking on challenging projects.
In 2016, they partnered to close on a deal of land at 1021 S. Dean Road, ready for single family development — the catch being the property was filled with about 12 feet of muck.
The Harrell Oaks property also lies in east Orlando near the University of Central Florida, where a number of investors are actively re-positioning multifamily and student housing complexes.
One of the latest examples is Horizon Realty Advisors' $65 million purchase of The Glenn apartments on University Boulevard. Last year, the company made its foray into Orlando when it bought the nearby 384-bed student housing complex dubbed The Quad.
Editor's note: A previous version of this story misrepresented Park Square Homes as a partner in the deal. Developer Khaled Hussein is in discussion with several national homebuilders. The previous version also incorrectly stated that a previous project was built over a sinkhole, referencing a previous GrowthSpotter report. A sinkhole was never detected.