Winter Park developer Condev is drawing up new plans for its approved 16-unit townhome community in Winter Park, with a proposal to build 10 single-family homes instead.
The 1.4-acre site sits across the city’s municipal golf course on the southwest corner of New York Avenue and Whipple Avenue, just off the northern end of the dining and shopping mainstreet, Park Avenue.
President Chris Gardner told GrowthSpotter the decision came after fine-tuning their initial approach.
“This plan better accommodated the market demand,” he said. “We generated a lot of interest for the attached product, but we felt the market was deeper for single-family.”
Though details about the prices are not yet determined, Gardner said Condev is looking to develop upscale two-story homes that will feature between 2,800 and 3,600 square feet of living space.
The single-family homes are being designed to sit on 60-foot wide and 65-foot wide lots.
The conceptual subdivision plan shows homes facing Whipple Avenue will have rear garages, so there will be no view of garages from the public street or golf course. Meanwhile, the southern lots will have front facing garages.
If approved, Condev’s homes could potentially grab multimillion-dollar price tags. Neighboring the residential project is Hill Grey Seven’s Park Hill townhome community, where 4,300-square foot townhomes have recently been trading for more than $3 million.
The Conditional Use for the approved 16-unit townhome project was recently extended for another two years, so Condev has the option to revert to original plans if the single-family home project is shot down.
A request submitted by the company’s WP View LLC to subdivide the land into 10 single-family lots goes before Winter Park’s Planning and Zoning Board next week.
In a submitted summary of the proposal, Condev said the request lessens “the impact of high-density condominiums and townhomes that are becoming prevalent throughout downtown.”
Condev scored approvals to build townhomes on the property in 2017. Around the same time, the company purchased the property for a little more than $5 million.
The site at 694 N. New York Ave. is the result of a deal with the First Church of Christ Scientist, which worked with Condev to split the then 2.4-acre lot the congregation had owned for decades.
Just recently, the religious institution completed building a roughly 7,000-square-foot sanctuary on the southern parcel in time for this year’s holiday season.