Tavistock Development Company is coordinating land use designations on 185 acres of its property near Lake Nona Golf & Country Club, setting the land up for potential development plans later this year, vice president Robert L. Thompson told GrowthSpotter.
Generally located south of Dowden Road, west of Narcoossee Road and east of Orlando International Airport, Tavistock's approved master plan with the City of Orlando shows parcels 10a and 10c as Airport Support District-Medium Intensity, and Parcel 10b as Residential Neighborhood.
Tavistock's request, filed June 20 with the city, is to combine those three parcels with one designation of Airport Support District-Medium Intensity into a single Parcel 10, which would total 185.6 acres.
"For our long-term vision, that's part of the expansion of our golf and country club," Thompson said Thursday. "We've been analyzing the possibility of a resort, and that's where the Crystal Lagoon would be located."
Combining separate parcels under the same designation will allow Tavistock to streamline Development Plan filings for the property. Thompson said definitive plans haven't been made yet, but could come in the next two to four months.
"We could realistically file plans in the Fall, and announce what our intentions are to develop that property," he said.
The land is essentially adjacent to the USTA National Campus now under construction. The 185 acres will likely be developed into a mix of single-family homes, condominiums and a resort.
"We look at that area as in need of another future hotel or resort, with its adjacency to USTA, and the amazing benefit USTA brings to Orlando and the people it will drive to our community. As Lake Nona builds out, the need for more hotel options for family and guests of residents will increase," Thompson said.
Tavistock has entitlements for up to 11,000 residential units within the Lake Nona DRI, of which approximately 6,000 units have been constructed.
The master plan amendment request will be heard by Orlando's Municipal Planning Board on Aug. 16.