Park Square Homes will break ground in early January on a pair of residential projects in south Orange County's Sawgrass Plantation.
The fast-growing homebuilder paid $5.9 million for the last two undeveloped parcels in the master-planned community. The builder closed earlier this week on a 54-acre parcel on the south side of Wetherbee Road.
Park Square closed in September on 17.4 acres on the north side of Wetherbee Road, midway between S. Orange Avenue and Boggy Creek Road. Permitting issues delayed construction, originally scheduled for November.
"We'll be breaking ground the first week of January and will be developing both at the same time," President and COO Steve Parker said Wednesday.
That smaller site is slated for Sawgrass Landings, a 121-unit gated townhome community that will have its own pool, clubhouse and dog park. "We're going to offer five floorplans all with three or four bedrooms," Parker said. "They'll range in size from 1,500 square feet to 1,700 square feet."
The project is a virtual duplicate of other townhome communities now in development, namely Ambergate in Apopka and Windsor Square at the former Flea World site in Sanford.
Park Square's Sawgrass Plantation site will have 163 homes on 50-foot and 60-foot lots. Residents will have their own pool and clubhouse in the neighborhood, as well as access to all Sawgrass amenities.
"We're going to put the roads in starting in January and start construction on the models in May," Parker said. "We'll open up for sales in August."
He said that Verona, a 52-lot single-family subdivision on Dean Road in East Orange County, is on an identical schedule. It's one of 20 Central Florida communities in development by Park Square Homes. The builder has even branched outside of the Orlando market and is planning its first community in Volusia County.
"It's on U.S. 17-92 just north of DeBary," Parker said. "It's going to be 153 single family homes, first-time buyer move-up. It's right next to University High School. We're really excited about it."
Parker also confirmed that Park Square will be buying 124 finished lots next year at Brisson East, which is adjacent to the Orlando Sanford International Airport. That property is currently in horizontal construction.
Parker said all of the above referenced communities will come online in the fall. "2018 is going to be a big year for us," he said. "It will be the first year we'll have 12 months of sales in these communities," he said.