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Volusia County Developments

Kolter Land wants to prep 400-plus acres in Daytona Beach for future residential development

Kolter land wants to pursue a new project in Volusia County with new residential development on more than 400 acres by the I-95/I-4 interchange.

Kolter Land, a privately-owned affiliate of The Kolter Group, has its eye on more than 400 acres in Daytona Beach and unincorporated Volusia County with plans to prep the land for future residential development.

Candice Smith, director of land development, told GrowthSpotter KL is working on a new land development project around 1661 Tomoka Farms Rd. that’s currently in the design and entitlement process, but declined to clarify what those entitlements are.

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“It is a Kolter Land project and we have not identified the end-users,” she said in an email to GrowthSpotter.

According to an environmental resource permit application submitted in the St. John River Water Management District, the company is looking to assemble 426.56 acres across six contiguous parcels located southwest of the I-95/I-4 interchange.

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Current owners include the Florida Department of Transportation, Katherine Wingard and Thomas Kirton, as co-trustees of the Dorothy C. Kirton Living Trust; Katherine Wingard and Thomas Kirton, as co-trustees of the Myron S. Kirton Living Trust; and Krystine Kirton Muller, Junior Willis Wingard and Katherine Kirton Wingard, as co-trustees of the Wingard Family Trust.

Application materials include a map and site plan displaying what looks like to be multifamily buildings, townhomes lots and single-family home lots. Smith neither confirmed nor denied the uses are part of plans.

A written description of the project states permits are being sought for the “construction of a single-family residential neighborhood, related infrastructure, and a stormwater management system.”

The Tampa-based company is known to master plan large communities, subdivide the property and sell the lots to homebuilders, similar to what it is doing for the Serenoa master-planned community in Clermont.

The final phase of the community along Sawgrass Bay Boulevard is set to include 300 multifamily units along with a neighborhood grocery store and shopping center.

The entire Planned Unit Development includes 1,600 single-family home lots that Kolter sold to various builders such as Pulte Homes, NVR, Ashton Woods, and David Weekley Homes. More recently it sold 600 of the lots to D.R. Horton for the 55-plus Palms at Serenoa community.

Its Solterra Resort community in Polk County features 939 single-family home lots and 100 townhome lots, as well as a short-term rental community. Active homebuilders include Pulte Homes, D.R. Horton, Park Square Homes and Lennar.

In Lakeland, the developer is selling lots within its 525-lot Terra Lago community to D.R. Horton and M/I Homes, according to its website.

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Kolter Homes, a separate division of The Kolter Group, is also active in Central Florida.

The homebuilder is building homes at Kolter’s Victoria Park master-planned community in DeLand. Plans consist of 2,232 single-family home lots and an 18-golf course and club. Other active homebuilders in the community include D.R. Horton and NVR.

KL and its affiliates have invested in 18,000 units. The firm currently holds land for more than 6,400 residences, according to its website.

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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