The DCA rejected the town's application after stating Groveland officials didn't say why they needed the additional land to grow the city of 3,500 permanent residents to nine square miles from four square miles.

The three parcels the county's smallest community wants to annex are near Cherry Lake and the Green Swamp, both environmentally sensitive areas. The 2,600-acre annexation eventually would house 3,000 single and multifamily residences, at least one golf course and an undetermined amount of office, retail and industrial.

Area brokers and planners tell GlobeSt.com the conceived growth would place the tiny community near the playing field of next-door Clermont, FL, the most vibrant commercial development hub in the county.

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
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.