CLERMONT, FL-Sugarloaf Mountain, a scenic 350-foot high, 1,434-acre tract whose surrounding areas have hosted international bicycle races and family outings for years, may be back on the drawing boards as a planned $1.2 billion mixed-use enterprise, if Gov. Jeb Bush and his six-member Cabinet support a Tallahassee judge’s ruling on the property. The governor’s decision is expected no later than November.

Judge Donald R. Alexander, who serves in the administrative law division of the state government, has ruled Lake County should give a second five-year development extension to the Orlando owners of the tract, 25 miles west of Downtown Orlando.

The county refused the extension last September after the developers failed to do anything with the prime dirt in the project’s 17-year planning history. The developers plan 800 homes, an 18-hole golf course and clubhouse, and an undetermined amount of commercial and retail on the Lake Apopka site between County Road 561 and County Road 455.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 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.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.