One of the last major undeveloped tracts on Lake Apopka in west Orange County is slated for a 160-home subdivision that will feature a limited number of lots with lake access.
Real estate broker John Laga has partnered with Ohio-based Parkview Homes to assemble seven parcels totaling just over 90 acres in the Town of Oakland, including the Hull Island peninsula.
"It's going to be a pretty awesome community," Laga told GrowthSpotter on Monday. "This is the last big piece of developable property in West Orange that's on the lake. We've been working for a long time with the town to Oakland on this project."
He said the subdivision was designed to have interconnectivity to the West Orange Trail, as well as a lakefront park and pier that's going to be owned and maintained by the Town of Oakland.
Laga said the partners currently have a contract with MI Homes to sell Phase 1, which includes the first 115 lots -- including 24 lots on Lake Apopka.
"Each lakefront lot will be permitted for a 1,000-square-foot dock," Laga said. "But they have to pull that permit themselves. We don't build it for them."
MI is still in its due diligence phase and has already filed HOA documents and community declarations. Laga said the homebuilder has expressed an interest in building a shared community amenity, possibly a pool and cabana, even though it's not required by the Developer Agreement.
The second phase, which includes 45 lots abutting the Oakland Nature Preserve, is still available, Laga said. That section was designed specifically to save a number of large oak trees, and the developers have donated cash to build new trailheads.
"We donated all of our wetlands to the Town of Oakland," Laga said. "We've also provided trailheads and pathways to the land. It's their responsibility to do the nature trails through the preserve area."
Laga and Parkview have applied for an amendment to the Planned Development for the 45 lots in Phase 2. That's expected to go before the town commission in January.
Poulos & Bennett is the consultant engineer and filed construction plans last week with St. Johns River Water Management District for all 160 lots.