Another day, another developer looking to prep vacant plots of land in Apopka for single-family home construction.
Coral Gables-based Michael Serviansky is trying to secure about 35 acres of agricultural land at 4550 Golden Gem Rd., currently owned by tropical plant and foliage supplier ForemostCo Inc., to develop a single-family home subdivision called Golden Orchard Estates.
Serviansky’s MJS Ventures LLC tapped GL Summitt Engineering Inc. to help move the proposed Final Development Subdivision Plan through city approvals. The most recently submitted site plan went through its second submittal hearing with the city’s Development Review Committee on Wednesday.
Apopka’s planning manager Bobby Howell told GrowthSpotter staff is waiting on a resubmittal to address some remaining comments related to landscaping.
Plans for the Golden Orchard Estates subdivision call for developing 165 single-family detached lots in Apopka’s Kelly Park Interchange Mixed-Use District — a zoning overlay created by city officials to help drive future development and economic activity to the once sparsely developed region.
Golden Orchard Estates proposes to build 32-foot-wide lots that can hold two-story bungalow-style homes. The developer is proposing nearly twice the amount of open space required by the city code and a net density of up to 5.01 dwelling units per acre.
Developments in the KPI Transition Overlay District may feature densities allowing up to 25 dwelling units per acre with bonuses in the Village Core character zones. Concentrated areas prime for more dense development are located on two major intersection nodes (Kelly Park Road/Golden Gem Road and Kelly Park Road/Plymouth-Sorrento Road) with a gradual transition to a less dense urban form at the edges of the interchange study area.
Serviansky could not be reached for comment.
Tony Polito, regional director at the real estate analysis firm Zonda, told the Orlando Sentinel there is a shortage of roughly 20,000 homes in Central Florida due to a lack of home construction following the 2007 housing bubble collapse. Construction has picked up since 2016, but the region is still facing a shortage years later, according to the publication.
Demand for housing is driving other land developers and homebuilders to the virgin grounds of Apopka, a fast-growing city in northwest Orange County. According to the U.S. Census Bureau, Apopka’s population has steadily climbed to 53,447 people living within its jurisdiction, marking a 26.7% increase in population between April 2010 and July 2019.
On the same block where Serviansky is preparing the Golden Orchard Estates, Hanover Land Co. is developing a roughly 114-lot subdivision. The homebuilder has had about 40 acres under contract since 2018 as it refined plans for the property and future single-family home development.
Both subdivisions lie within a mile west of the Kelly Park Road interchange — one of four interchanges that opened as part of the Wekiva Parkway project — and about two miles from a new shopping center anchored by Publix, currently under construction.
Hundreds of acres are expected to be developed for new housing and neighborhood commercial uses in the immediate vicinity of that interchange. The region is roughly halfway between the downtowns of Apopka and Mount Dora.
D.R. Horton is one of the first homebuilders active in the area. Last year, its land development and holding company Forestar Real Estate Group paid $4.18 million for a platted 152-lot subdivision called Bridle Path.
The subdivision sits across a 51-acre site purchased by Orlando Health in 2018 with plans to transform the property into a medical campus that would serve communities in both Apopka and Mt. Dora. Construction plans have not yet been filed.
Developer Jose Cantero is also planning a residential subdivision nearby called Park View Preserve. Plans call for a 90-acre, 282-lot single-family home subdivision with a minimum lot width of 34 feet.