Developer Rob Yeager has filed a framework master plan for his proposed 53-acre mixed-use community in Orlando’s Vista East neighborhood near the Orlando International Airport.
Yeager’s Eagle FL Properties is seeking a Planned Development approval for property northeast of the Narcoossee Road - Beachline Expressway interchange known as the McCoy tract. The city already has approved amendments to two Future Land Use subarea policies that restored the original multifamily dwelling unit count allowances for the subject property from 450 to 600. The PD is also entitled for 135,500 square feet of commercial, 22,500 square feet of office and 140 hotel rooms.
The new conceptual plan divides the project into three phases with retail and mixed-use parcels fronting on Narcoossee Road in the first phase. Those parcels would flank the new McCoy Road extension at the signalized intersection that serves as the primary entrance to the community.
“We’re already in discussions with some grocery stores,” Yeager said. “We have so much interest right now. A lot of this is due to the meteoric growth of Southeast Orlando, the Disney announcement and the growth around Lake Nona.”
McCoy Road would be designed to connect to the future Hazelton Road when it’s constructed. Phase one also includes the first of three potential multifamily projects southeast of the McCoy extension.
A Specific Parcel Master Plan allows for a 329-unit gated apartment complex composed of seven 4-story buildings and a separate amenity center. Each apartment building would be designed with tuck-under garages for selected units. The unit matrix calls for 151 studio and one-bedroom units, 144 two-bedroom units and 32 three-bedroom units.
FK Architecture designed the apartment complex, while RVi Planning and Landscape Architecture took the lead in the landscape design. MEI Partners is the civil engineer, and VHB completed the environmental and transportation studies.
“In addition to the private development side, this is also a public-private partnership with the City of Orlando to fix some longstanding drainage issues in that area,” Yeager said.
Yeager’s Sullivan Properties will be building a 16-acre lake as part of a master stormwater pond to serve the development. All of the Phase 1 apartments will offer water views, and Yeager is in discussions with a restaurant user for a lakefront site.
The second apartment complex with up to 280 units would be slated for Phase 2, which is directly north of the Phase 1 apartments. The third phase, at the center of the project, contains 8.35 acres with a future land use AC-1 (activity center) land use, so it could be developed as another 300 units of multifamily housing or with a mix of big box retail, hotel, commercial and/or self-storage uses. The city PD zoning also incorporates the parcel at 8101 Narcoossee Rd, which is owned by Afridi Investments and has an existing BP gas station/convenience store.
Rebecca Wilson, an attorney and shareholder with Lowndes, is representing the developer.
Just south of the S.R. 528 interchange, Brunetti Organization has received approvals for the Torrey Preserve PD, which covers 536 acres. A multifamily community by P.A.C. Land Development just off Narcoossee Road was also approved for the first phase of that project, which is entitled for 1,000 residential units, 208,600 square feet of office uses, 300 hotel rooms and nearly 1.4 million square feet of commercial space.
To the east of S.R. 528, Pulte Homes is under contract to buy the residential portions of the roughly 1,500-acre Vista Park master-planned community, being developed in part by Brunetti. Vista Park is entitled for up to 4,300 houses and apartments, 20,000 square feet of office space and 80,000 square feet of retail space. Pulte is awaiting final permit approvals for the first phase, a residential subdivision called Everbe.