The Blumberg family will likely be saying goodbye to their longtime home in Winter Springs.
Though small, the four-bedroom house sits on about 12 acres of land, once part of a larger 30-acre assemblage that’s been slowly chipped away at to make room for a city park, public high school, new roadways and an apartment complex along S.R. 434.
“It’s close to one of the last properties available to develop in the town center,” Orlando developer Dwight Saathoff told GrowthSpotter. But there’s no hard feelings, property owners Lewis and Juanita Blumberg have lived there for more than 50 years and decided it was time to move on, he said.
Saathoff’s firm, Project Finance and Development, is prepping the land for a future townhome development called Hickory Grove. Plans call for 130, rear-loaded townhouses, to be built by Mattamy Homes, he said. The average price for the two-story residences are slated to be around $325,000.
StoryBook Holdings, led by investor Jose Chaves, is partnering with PFD on the project.
The property at 141 Bear Springs Dr. is tucked behind the Winter Springs Town Center shopping plaza along S.R. 434, anchored by Publix Super Markets.
“We’re literally about 100 yards from a Publix, and numerous shops and restaurants,” Saathoff said. “And there’s a beautifully designed linear park with benches and fountains along Blumberg Boulevard where the City of Winter Springs holds annual festivals.”
StoryBook Holdings and Saathoff went before the Winter Springs City Commission, last Monday, for a nonbinding preliminary review. The proposal is consistent with the City’s Town Center Future Land Use and is already zoned for townhome development.
Next steps include submitting a Final Development Plan along with a Final Engineering Plan and Aesthetic Review application.
The Town Center District Code was initially adopted by the Winter Springs City Commission in 2000 around S.R. 434 and Tuskawilla Road. The concept for the center was to encourage thought-out, community-based development that supports a mix of residential, civic and commercial uses.
Development in the corridor began picking up speed by the end of the Great Recession. On top of that, the city also created a Greeneway Interchange District nearby at the northwest corner of S.R. 417 and S.R. 434, to lure in development on a large stretch of land that sat undeveloped for years.
Currently, Lennar Homes is building out its 379-unit residential subdivision, Tuskawilla Crossing, which is comprised of single-family detached homes and detached bungalow units on lots ranging from 34 feet to 70 feet in width.
Saathoff is also behind The Grow master-planned community in east Orange County, which will shape more than 1,185 acres of pasture land between Lake Pickett Road and State Road 50 into a so-called “agrihood” with 2,078 homes and 172,000 square feet of commercial space.
Amenities will include 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.