Drafted about five years ago, Avian Pointe promised to be Apopka’s “most significant residential project in the city since the beginning of the recession,” developers said.
Through entity Apopka Clear Lake Investments LLC, directors at Tampa development firm Mercury Advisors envisioned a massive residential community on vacant land east of S.R. 414 and north of Lust Road.
Plans call for more than 750 residential units across of mix of single-family homes, townhomes and multifamily units, as well as a new K-8 school, ample community/recreational space and a new roadway called Grand Avian Parkway, which will wind through the development between Lust Road and Peterson Road.
But a difference of opinion by some former landowners on a significant portion of the land pushed back original plans, Frank Bombeeck, director at Mercury Advisors, told GrowthSpotter. The landowners were previously in agreement with Mercury Advisors to develop the entire roughly 150-acre site together.
In order to gain back control of the project’s timeline, Mercury Advisors opted to buy the property from the owners, paying a little more than $1.25 million for about 30 acres at 230 S. Binion Rd. in early 2018.
“That was a new starting point,” Bombeeck said. “It’s not a simple project, but with the help of our engineer and [Apopka’s] city council, who were very helpful last year, we were able to offer speed and progress since Parcel A went under contract.”
NV5 is the engineer.
The master-planned community is split into six different subdivisions that include a 56 single-family home project on Parcel A; a 118-unit townhome community on Parcel B-1; a 480-unit multifamily complex on Parcel B-2; a 104-unit townhome community on Parcel B-3, a community park on Parcel B-4 and a K-8 school on Parcel B-5.
The community park spans a little more than 10 acres and will feature multiple playgrounds, a dog park and a variety of sports fields.
Bombeeck said separate subdivisions are either already approved or close to scoring approval. Roadway construction of Grand Avian Parkway is slated to commence in July. Parcel A and Parcel B-1 are under contract with homebuilder D.R Horton.
As for the multifamily portion, Bombeeck said the development firm is exploring the option to develop it themselves. That parcel has entitlements for a mix of one-, two- and three-bedroom apartments.
“Residential construction should start next year once infrastructure is in,” Bombeeck said. “It’s all coming to fruition.”
Marcus & Millichap’s Casey Babb and Paul Bouldin are acting as the exclusive advisers.
According to online marketing material, Avian Pointe is being geared toward nature enthusiasts. The brochure touts the master-planned community’s access to the Lake Apopka Wildlife Drive nature preserve, Lake Apopka Loop Trail, Wekiwa Springs State Park and the new Florida Coast to Coast Connector.