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Seminole County Developments

Taylor Morrison wants to buy into the Riverbend community near Sanford

Taylor Morrison Homes' Solivita 4,300-acre retirement community in Poinciana features eight different model designs.

Taylor Morrison is under contract with one of Riverbend’s original developers, Robert “Bob” Zlatkiss, with plans to introduce a new wave of homes to Seminole County.

Zlatkiss, president of Orlando-based American Land Development, is seeking to rezone and amend the Future Land Use Map of about 34 acres on the southwest corner of Celery Avenue and Cameron Avenue.

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Plans are to create a single-family residential subdivision with a density of 3.64 dwelling units per acre for a maximum of 124 residential lots with a minimum lot width of 50 feet. Taylor Morrison is the contracted homebuilder, Zlatkiss told GrowthSpotter.

Currently, the property is owned by Allen and Brenda Hoops. The Hoops have owned the property since the 1980s and their existing home on the property will remain as their homestead, according to plans.

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The developer promises to incorporate a five-foot sidewalk along Celery Avenue and Cameron Avenue if a future subdivision plan is approved.

Zlatkiss and Project Finance & Development’s Dwight Saathoff first began assembling the property in the area, located southwest of the East Lake Mary Boulevard and Celery Avenue intersection, around 2004.

The area stands east of the Sanford city limits and is more commonly known as Riverbend — one of the fastest-growing residential neighborhoods near the Sanford Orlando International Airport.

D.R. Horton was one of the first active builders in the market. It continues to build out a multiphased neighborhood in the area approved for 433 homes and recently completed the 150-lot active-adult Rosecrest community.

Toll Brothers is also active in Riverbend. The homebuilder is expanding its 185-lot Riverside Oaks subdivision and American Homes 4 Rent, recently opened its 37-lot single-family rental home community Celery Cove, directly across D.R. Horton’s Rosecrest community. Directly south, on 28 acres along S.R. 46, KB Homes is building its 194-lot Landings at Riverbend subdivision.

Taylor Morrison is poised to join the mix, but it wouldn’t be the first community it builds in Seminole County. It’s also an active development partner with Meritage Homes in the Hawks Crest community near Winter Park, but in Seminole County.

Hawks Crest consists of 270 acres on Howell Branch Road, between S.R. 436 and Dike Road. Plans call for a mix of single-family homes and townhomes, totaling roughly 750 lots. Taylor Morrison is also working with Seminole County officials to buy the former 110-acre Flea World site along U.S. 17-92. A deed has not yet cleared records.

Taylor Morrison, the nation’s fifth-largest production builder, is familiar with building large-scale mixed-use developments.

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It’s currently planning Westvue, a 2,550-acre master-planned community located west of the Poinciana Parkway toll road that straddles the Osceola-Polk county line, which will include one of the company’s Esplanade branded active adult, resort-style communities.

The project features a mix of single-family homes and townhomes, as well as some commercial lots. At the neighboring Solivita Marketplace, the builder has found buyers for various multifamily and retail parcels while focusing on its core product line.

Taylor Morrison is also building Harvest at Ovation in Horizon West. Plans call for 285 single-family home lots and 161 townhomes on 90 acres along Hartzog Road, east of Avalon Road.

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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