According to a Specific Parcel Master Plan recently submitted in the city, the homebuilder is taking over a roughly 10-acre development site previously under contract with Houston-headquartered David Weekley Homes.
Plans call for 134 townhomes across from the planned YMCA on the southeast corner lot on N. John Young Parkway and Princeton Street.
Ken Robinson, president and CEO of Dr. Phillips Charities, told GrowthSpotter the organization is under contract with Toll Brothers.
“Toll is known as a quality builder and what they have designed for the Packing District is exciting,” he said, adding the three-story townhomes will feature optional roof top terraces and views of the park and lake.
“Besides quality, Toll is one of the nation’s leaders in corporate philanthropy, which fits well with Dr. Phillips commitment to community building,” Robinson said. Townhomes will sit on 20-foot-wide lots that are 50-feet deep, plans show.
Robinson said prices will be revealed when the homebuilder is ready. Toll Brothers declined to comment on the story.
Previous plans for the site included up to 115 lots made up of 79 townhomes and 40 duplexes to be developed by David Weekley, but that deal fell through.
With Toll Brothers taking helm of the project, the townhomes are second in line for completion behind the 307-unit Cannery apartment community currently under construction at Orange Blossom Trail and Princeton Street, just west of the CSX rail line.
In addition to the homes and apartments, the master planned 200-acre Packing District will also include a new $12 million YMCA Family Center and 105-acre city park.
The park will be home to the new Orlando Tennis Centre, which will have 16 full-size, lighted tennis courts, a 5,000-square-foot clubhouse with locker rooms and shade cabanas with water misting systems.
Also planned for construction is a retail complex anchored by a new food hall and microbrewery on Orange Blossom Trail.
The Packing District is located between John Young Parkway and Orange Blossom Trail and from Princeton Street to Colonial Drive.
Toll Brothers is known for creating communities full of multi-million dollar homes, but since 2015 the company has expanded its business model in Central Florida to include townhouses and more recently student housing.
Earlier this year, a subsidiary of the company submitted development plans to build a 170-unit student housing community at 12727 E Colonial Drive.
In Windermere, Toll Brothers is in the midst of developing its third luxury single-family home community in the area. Plans show a 42-lot detached single-family home subdivision along Lake Roberts.