Local developer Dwight Saathoff's firm Project Finance and Development LLC is preparing plans for future senior living and multifamily phases on 58 acres in the west Orange County town of Oakland, 41 acres of which will first be developed by Pulte Group.
Oakland commissioners approved a revised Preliminary Subdivision Plan (PSP) in late July for the first phase of "Longleaf at Oakland," under contract to Pulte for a mix of 100 townhomes and 84 detached single-family homes with 40- and 50-foot lots.
Located north of S.R. 50 and its intersection with Florida's Turnpike and south of Oakland Avenue, Saathoff has the entire 58 acres under contract from the Florida Department of Transportation's Turnpike Enterprise.
He filed an environmental resource permit last week with the St. Johns River Water Management District, proposing a new master stormwater system to serve Pulte's project, and future senior living and multifamily phases.
The development will include a new trail spur on the West Orange Trail, which weaves along the undeveloped property's northern boundary. And some $250,000 will be invested by the developer on beautification and improvements to historic black cemeteries that lie on the southern boundary.
Saathoff told GrowthSpotter on Tuesday he's still in design phase with S&ME, Inc. and Slocum Platts for the senior living and multifamily components that will follow on approximately 17 acres west of the Pulte homes. Zoning will allow for up to 150 senior units and 350 apartments.
The small town of Oakland, today with less than 2,500 residents, is pursuing investment in a sewer system that developers have said is key to attracting more residential and commercial investment.