NRP Group, the Cleveland-based multifamily developer that is currently building apartments in the mixed-use Ocoee Village Center, is under contract for two multifamily sites in Osceola County.
Kurt Kehoe, vice president of development, told GrowthSpotter the company is partnering again with Ocoee master developer Richard Wohlfarth on the multifamily portion in his mixed-use Osceola Village Center in the City of Kissimmee. Kehoe said NRP has engaged Slocum Platts to design the Kissimmee apartments and will submit plans to the city soon.
Osceola Village Center is located on John Young Parkway, across from Kissimmee’s Lancaster Ranch regional park, and overlooks Lake Tohopekaliga. Wohlfarth took the 163-acre project through permitting and approvals. He sold the residential portion, entitled for 147 detached home lots and 200 townhomes to Avex Homes in 2020 September.
Avex Homes (now Stanley Martin Homes) will build the single-family homes and will sell the townhouse section to D.R. Horton. The Planned Unit Development also is approved for 316 multifamily units and 12.5 acres of commercial uses. Wohlfarth has sought a PUD amendment to allow for a rehabilitation hospital and gas station/convenience store to be constructed on the commercial lot.
NRP Group is also under contract for a 14.85-acre site on Old Lake Wilson Road at Teascone Boulevard, just north of the Mystic Dunes golf resort. The parcel is part of the Bunker Hill Planned Development and is approved for 197,000 square feet of commercial space.
The developer and its attorney, Rebecca Wilson of Lowndes, held a pre-application meeting with Osceola County’s Development Review Committee last week to determine if the county would support repurposing the site for multifamily use, whether through a major PD amendment or rezoning to Commerical Tourist. Either option would require a community meeting and at least two public hearings, according to Senior Zoning Specialize Amy Templeton.
“These days we are doing a lot of community meetings, based on input from the community, county-wide. So there is a very good chance that we may require a community meeting on this,” Templeton said.
A conceptual site plan shows five apartment buildings, each 4-stories high. Wilson noted that the existing PD allows for 4-story buildings in the commercial section. The parking areas and stormwater retention would create separation between the existing neighborhood and the new development. “We really tried to buffer that from the townhomes,” she added. “Townhomes and multifamily are pretty compatible uses but, not withstanding that.”
The site is slightly north of land on the east side of Old Lake Wilson Road that’s being groomed now for a multifamily community by DeBartolo Development. And just south of that, Lennar Homes recently closed on a 24-acre site where it has approved subdivision plans for a 204-unit townhome community called Lake Wilson Reserve.
Templeton said the PD amendment could be supported by staff, because it’s consistent with the Tourist Commercial future land use. However, County Commissioners have recently expressed concerns about the amount of commercial-zoned land that is being developed for multifamily use.
Kehoe said he doesn’t believe the site is appropriate for or would support nearly 200,000 square feet of commercial development, but the length of time required to amend the PD and the potential resistance from county officials has NRP reconsidering the project.
“We do have it under contract, but it’s too soon to say if we’ll close on it,” he said.
NRP Group launched a major expansion of its Florida division in 2019 following the completion of Lake Vue apartments on Orlando’s Sand Lake Road. The company broke ground a few months ago on its section of Ocoee Village Center and is also seeking permits for a 352-unit apartment community near Seminole Towne Center in Sanford.