Clermont (Pop. 9,333) is 25 miles west of Downtown Orlando. This is Clermont's first townhome development.
The homes will be built on a 138-acre tract that already houses commercial and other shelter projects. Greater Construction officials couldn't be reached at GlobeSt.com's publication deadline to learn the cost of the project and the prices of the homes.
But Orlando general contractors familiar with the neighboring Lake County market tell GlobeSt.com on condition of anonymity the aggregate hard construction cost of the project is expected to about $20 million. Homes will start in the $100s.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
