Elected officials in Mount Dora have called an Aug. 27 public meeting to discuss the project which would have 950 homes, an 18-hold golf course and an undetermined amount of commercial on Griffin Lane, south of State Road 44 near Eustis, FL.
Griffin and Leesburg, FL developer George Pringle couldn't be reached at GlobeSt.com's publication deadline to learn what price the land might go for.
But area industrial brokers tell GlobeSt.com on condition of anonymity the dirt could go for a minimum $30,000 per acre (69 cents per sf) or about $17 million for all 570 acres.
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