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More than 1,000 homes planned for land near Sanford airport

Highlighted in yellow is Brisson East, with its northside fronting Lake Mary Boulevard, is one of three developments that would help turn the area around Sanford airport into a residential enclave.
Highlighted in yellow is Brisson East, with its northside fronting Lake Mary Boulevard, is one of three developments that would help turn the area around Sanford airport into a residential enclave.(Developer Bobby Luthra)

More than 1,000 homes are planned near Orlando Sanford International Airport, which would turn what has been a mostly agricultural area into a full-fledged community.

The three developments, Brisson West, Brisson East and Silvestri Estates, are the vision of developer Bobby Luthra, principle of Pib Land Development and Investments of Orlando, who planned the projects years ago, but was hamstrung by the recession.

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Now, Luthra has reemerged with the projects, after 13 years of trying, and is indicating he has backers.

Luthra said his partners are Sadique Jaffer and Mohamedtaki Jaffer, both of whom have business addresses at 27 N. Summerline Ave., Orlando. The Jaffers, who did not return phone calls, are listed as principles in Safari Investments, LLC, the properties' owner.

The projects are in varying states of approval and review by Sanford planners. Brisson West, Brisson East and Silvestri Estates are all working names for the projects, with their buyer ultimately deciding what the would be called.

Big changes on the southeast side of Sanford may be in store as some of these residential projects become active, according to Sanford planning staff.

All told, there would be 1,047 residences, including 192 town homes, and two commercial tracts fronting E. Lake Mary Boulevard where it shifts from Lake Mary and enters Sanford.

Right now, Brisson West, with 128 acres, and Brisson East, with 48 acres, are planned to be named after the street they will front.

Luthra said the two Brisson properties are under contract, but he would not disclose the price or the buyer. Online flyers show Luthra was asking $7 million for Brisson East and $14 million for Bristol West.

Also planned for the area by Luthra is Silvestri Estates, on 214.5 hundred acres, a parcel he is asking $29 million for.

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In the layout for Silvestri Estates, two commercial tracts would front E. Lake Mary Boulevard and 377 single family lots would lay south of the commercial land. The residential tracts would extend west to Mellonville Avenue and south to Pine Way.

Have a tip about Central Florida development? Contact me at ktalley@growthspotter.com or (407) 420-5176. Follow GrowthSpotter on FacebookTwitter and LinkedIn.

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