Woodland Lakes--a 911-acre, mixed-use development unfolding along the Lake Underhill Road/Alafaya Road corridor in one of east Orlando's most vibrant and fastest-growing areas--alone brought in $12 million on three transactions from developers planning multifamily and single-family communities. The other land sales were in OCP Inc.'s three other parks, Orlando Central Park, Orlando Central Park South and SouthPark.

"Woodland Lakes continues to be a flash point for both commercial and residential development in the burgeoning east Orlando market," says OCP Inc. executive VP Jeff Troan, adding that he expects the sales momentum to continue through most of 2003.

The 2002 production volume comprised a $6.5 million purchase in December by Orlando-based Remark Development Inc. for a planned 546-home community that will be under way later this year; a $3.1 million purchase by DeLuca Homes for 82.5 acres for a new single-family development; and a $2.23 million purchase by Jacksonville-based Group IV Properties, which is launching a 272-unit apartment complex.

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