AV Homes will showcase a new array of larger, more contemporary home designs as it enters the Apopka market for the first time.
The Arizona-based homebuilder broke ground Friday on Lakeside, a 301-home gated community that will have its own park and community boat dock on Marshall Lake.
Matt Young, AV's director of land acquisition, told GrowthSpotter the homebuilder sees Apopka as a strategic growth corridor for northwest Orange County because of the opening of S.R. 429. The company, which has concentrated largely in Osceola and Polk counties, is actively looking for more land in and around Apopka.
"We see it as the next exceptional opportunity for entry level and first-time move-up buyers," Young said on Friday.
AV Homes subsidiary Royal Oak Homes paid $3.2 million, outbidding two other homebuilders, for the city-owned land. The 103-acre site is located west of S.R. 451. The company opted to develop the site under its primary brand and introduce a new line of luxury executive homes.
The subdivision will also feature a community pool and gazebo, playground and dog park. The site plan includes a mix of 55-foot, 60-foot and 75-foot lots, including 16 premium lots with direct lake access.
"Lake Marshall is a private lake within the heart of Apopka," Young said. "It was the hidden gem as far as the development goes."
Director of architecture Stephen Yerrakadu said the new designs feature open-plan living with traditional exterior elevations in a choice of Craftsman, Farmhouse or Coastal design. The home sizes will range from 1,800 square feet to 4,700 square feet.
"We created seven brand new plans for the larger homes that will fit on the 75- and 60-foot lots," Yerrakadu said. "They're going to be a mix of one and two story homes, where some of the new two-story Coastal elevations have a second-floor balcony."
Even the smaller floorplans have all been designed within the last eight months. All of the new two-story home designs have lap siding around the entire second floor, with some board and batten features.
"We don't want to have stucco, stucco, stucco," Yerrakadu said.
All of the executive homes will have three-car garages, but Yerrakadu said he worked hard to avoid having street-facing garage doors by utilizing courtyard entries and 30-foot-deep tandem garages.
"We really wanted to work on the streetscape being something that's welcoming," he said. "A lot of the Farmhouse style has the outdoor living component, especially at the front of the house."
AV Homes will build two models and open a sales center on site with the company's Virtual Reality home tour capabilities. Vertical construction is scheduled to start in early 2019. Young said the pricing is still under evaluation.