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GlobeSt.com UPDATE: Governor's Staff Switches Gears, Backs Sugarloaf Extension

ORLANDO-A week after hesitating to memo Gov. Jeb Bush on the controversial, 1,433-acre, estimated $1.2 billion mixed-use venture in rural south Lake County, the governor's Cabinet affairs department is now recommending the Orlando landowners be given five more years to break ground. Anti-development activists are furious. Bush is scheduled to make his own ruling today.

By Alex Finkelstein | Updated on October 30, 2001

ORLANDO-Gov. Jeb Bush is scheduled to rule today on one of the most controversial commercial-residential projects ever proposed in Central Florida.

After nine years of zero activity on the 1,433-acre, estimated $1.2 billion Sugarloaf Mountain mixed-use undertaking in rural south Lake County, Orlando developers Karick and Stephen Price and Willoughby T. Cox want the governor to back a state judge’s ruling in July that gave them more time to sell off or develop the project themselves.

Real estate brokers and lawyers intimate with the 10-year-old issue tell GlobeSt.com on condition of anonymity they are betting Bush will back Judge Donald Alexander on the five-year extension.

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