The three purchases, with a combined total of 568 lots, closed on Friday, Oct. 1.
The 3.82-acre site is located adjacent to the University of Central Florida.
Other phases of the development will include a mixed-use tower with 550 Class-A apartment residences and a boutique hotel. Complementing the development will be retail and restaurant spaces, structured parking garage and a waterfront activity plaza with green space.
Palm Bay has grown to become the largest city in Brevard County with a population of nearly more than 111,000.
The 80-acre property is under contract.
The Land Advisors Organization’s Orlando team of Mike Ripley and Steve Flanagan, acting as a transaction broker, arranged the sale of the 17-acre parcel.
The project, dubbed Crossprairie, is slated to become the front door to over 30,000 new homes in the East of Lake Toho Conceptual Master plan area.
Rand says he is excited to help CFCAR grow and is impressed with the power brokers joining him on the 2021 board of directors.
Dart Interests has unveiled plans to redevelop Villas at Grand Cypress in Orlando into a massive vacation rental resort and hotel project named Evermore Orlando Resort. The 1,100-acre resort is adjacent to Walt Disney World. At full buildout in 2023, the 10,000-bedroom project will represent an equity investment in excess of $1 billion. Evermore’s first […]
The property is planning to bring 367 new single-family homes to the Timberland community, which will be built by D. R. Horton. CLICK ON THE HEADLINE FOR MORE
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