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Townsend Plans Summer Start on $35M Villa del Lago Condos

ORLANDO-The developer is going with Vance Realty Group, a 10-year-old, boutique brokerage as his marketer for the planned nine-story, 102-unit, $35 million project at the MetroWest community in southwest Orlando. Average condo price: $350,000.

By Alex Finkelstein | Updated on February 25, 2002

ORLANDO-Local developer David Townsend plans to break ground by summer on Villa del Lago, a planned $35 million, 102-unit, nine-story condominium venture at the MetroWest mixed-use development in southwest Orlando.

The development cost equates to $343,137 per unit.

Instead of going with a big-name brokerage, Townsend has selected Orlando-based Vance Realty Group, a 10-year-old boutique firm, to market the gated project. Pre-construction condo prices run from the $230s to the $600s. The average price is expected to be $350,000 for units sized 1,500 sf to 4,100 sf.

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