GROVELAND, FL-Seeing a niche in an already crowded South Lake County development arena, sources close to the deal tell GlobeSt.com that Miami-based Lennar Corp. plans to create Destiny, an aptly-named subdivision that would have 100,000 sf of commercial and a golf course to complement up to 2,000 single-family and multifamily homes available only to occupants 55 years of age and older.

The Lennar project would be part of three other planned subdivisions totaling 8,200 new homes in the Clermont area–Lennar’s 4,000-home Heritage Hills in Minneola, FL and Tampa developer John Reaves’ 2,200-home Sugarloaf Mountain enterprise.

Lennar hasn’t formally submitted a development plan to Groveland or Lake County officials. But anti-development activists familiar with the project tell GlobeSt.com the venture is expected to run into early opposition from civil rights supporters because of the age restriction. Lennar officials couldn’t be reached at GlobeSt.com’s publication deadline.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


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.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.