Toll Brothers is launching the next phase of its Parkview Place townhome community in Sanford.
The luxury homebuilder is under contract to purchase about 15 acres at 3600 Skyway Dr., where it plans to build 85 new townhomes and dedicate about 2.75 acres to commercial development.
Division President Brock Fanning told GrowthSpotter Toll Brothers completed building townhomes in the original 70-lot Parkview Place subdivision about a year ago.
The community is directly across from the planned second phase, on the northeast corner of Kentucky Street and Skyway Drive.
Parkview Place Phase 2 will include similar townhomes that range in size from 1,500 square feet to 2,000 square feet. Prices are slated to start in the mid-$300,000s, Fanning said.
The townhome community will feature a pool and cabana amenity center similar to the first phase.
Toll Brothers paid $2.14 million for the first phase of Parkview Place in 2019.
Trevor Hall and Jorge Rodriguez with Colliers International Central Florida will handle the marketing for the commercial parcel along Lake Mary Boulevard.
Geoffrey Summitt, president of GL Summitt Engineering Inc., is working with Toll Brothers to rezone and amend the future land use of the property, which is currently made up of four parcels owned by separate entities Takvorian Properties LLC and DP & DP Inc.
Last year, the Sanford City Commission approved a request by the applicant to annex the four parcels.
Within the past 12 months, the homebuilder has opened several communities throughout Central Florida. In Horizon West it opened its West Haven community, which features approximately 350 lots.
In Seminole County, the homebuilder is in the middle of expanding its Riverside Oaks community near downtown Sanford.
Toll Brothers is planning to add 60 home lots to the 125-lot Riverside Oaks neighborhood. The additional 22.6 acres for the expansion would be added to the roughly 65 acres it owns on the northwest corner of Celery Avenue and McLain Avenue.