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Single-Family Residential Developments

M/I Homes looks to lock down land next to The Grow for new single-family homes

Another homebuilder, in addition to the PulteGroup, is looking to plant their flag in eastern Orange County.

M/I Homes is looking to close on 75 acres on the southwest corner of Lake Pickett Road and Chuluota Road, next to the 1,185-acre Grow master-planned community. The proposed Corner Lake Gardens Land Use Plan shows lots will be a minimum of 100 feet in width and single-family homes will be a maximum of 35 feet in height.

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Plans call for a residential community made of large single-family homes that will sit on an acre each.

A conceptual subdivision plan features 48 estate-sized lots, some with views of Corner Lake. Documents submitted along with a rezoning application for the property state the proposed residential community will feature a community dock/fishing pier and kayak launch.

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M/I Homes is working with land planner Daly Design Group to rezone the property from Agricultural Rural (A-2) to Planned Development (PD). The company will also be the landscape architect. Madden, Moorhead & Stokes is the civil engineer.

The property is currently owned by Larry and Ann Linder. Records show the Linder family has owned the land since before the 1980s. Most of the area features agricultural uses, but lately, it’s been the focus of developers looking to potentially invest and redevelop the area.

For years Orange County commissioners rejected proposed projects near the Econlockhatchee River, but around 2015 development activity began amping up with the introduction of The Grow. which is taking shape east of South Tanner Road, between Lake Pickett Road and State Road 50.

Project Finance & Development’s farm and garden community is located directly west of the Corner Lakes Garden PD.

In total, The Grow is entitled to feature 2,078 homes and 172,000 square feet of commercial space. Between that, the community will also feature 21 acres of community gardens, a 20-acre community park, 12 miles of recreational trails, edible landscaping, a street for farmers markets and a farm-to-table restaurant, among other agricultural amenities.

In December, GrowthSpotter reported Pulte Homes will take over the southern residential portion of the master-planned community with plans to build 701 single-family detached and 166 single-family attached residential dwelling units.

Plans for the northern 550-acre portion, owned by Banksville Of Florida Inc., have not gone through Orange County’s Development Review Committee process.

The Grow neighbors a sister master-planned neighborhood called Sustany, being developed by Columnar Investments. The community is entitled to feature nearly 2,000 new homes. Last year, the developer began seeking a Comprehensive Plan Amendment for the community. It has not yet crafted a final regulating plan to go before the DRC.

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Both the master-planned communities were proposed around the same time in 2015 and are also known, respectively, as Lake Pickett South and Lake Pickett North.

M/I Homes is one of the first homebuilders, along with the PuteGroup, to begin planning separate residential communities in the area. It’s also been bullish throughout Central Florida.

Last year it paid $15.56 million for a 35.94-acre parcel on Boggy Creek Road and Highclere Street with plans to build 318 townhomes that will become the Tyson Ranch community. Tyson Ranch will offer three- and four-bedroom townhomes priced from the mid-$300,000s. The homebuilder plans to start construction on a model in April and begin sales at Tyson Ranch in May.

It’s also is looking to nearly double its lots in Orange County’s fast-growing Horizon West master-planned community, which if successful, would add another 440 homesites to its portfolio in the area.

In Apopka, M/I Homes is under contract to purchase about 70 acres from Winter Park-based real estate company Demetree Global with plans to build a 225-unit residential community along the John Land Apopka Expressway (S.R. 414).

The company is also active in Osceola County where it’s planning a 206-lot subdivision next door to D.R. Horton’s Harmony West community.

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Have a tip about Central Florida development? Contact me at arabines@GrowthSpotter.com or (407) 491-3357, or tweet me at @amanda_rabines. Follow GrowthSpotter on Facebook, Twitter and LinkedIn.


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