It continues to attract new development in Lake County city of Clermont such as apartment complexes and downtown mixed-use projects. New construction serves as an important economic driver which creates temporary jobs and provides homes to the economy as the region’s population grows.
Both projects may cost in excess of $43.5 million to build, based on industry standards and will be presented at Clermont’s planning and zoning commission meeting at 6:30 p.m. on February 2.
A 204-unit apartment complex on roughly 17 acres southwest of Hooks Street and Excalibur Road. The proposed development features eight buildings including a clubhouse and a pool, Skorman Development Corp seeks approvals for this proposal. The Bosserman family owns the property west of East Ridge High School, the project architect is Winter Park-based Fugleberg Koch LLC and Richardson, Texas-based Halff Associates Inc. is the project engineer.
Victory Village and The Market, a mixed-use project northeast of Victory Way and Minneola Avenue, Clermont-based Victory Coast Land Co. seeks approvals for this proposal. The 1-acre, three-story project features 25 residential units and up to 8,000 square feet of commercial space. The project architect is Powell Studio Architecture LLC.
The latest proposal of apartment projects in Clermont, first is the Orlando-based developer Parkway Property Investments LLC is developing roughly 53.6 acres southwest of State Road 50. Second is Magnolia Pointe Boulevard in Lake county near Clermont for 308 apartments, multiple retail parcels and a charter school and daycare center.
Marvin Puryear said, “Developers see a void for apartments in the Clermont area, which continues to experience population growth”. Marvin Puryear is a senior adviser with Lakeland-based Saunders Ralston Dantzler Real Estate, who is involved in the Skorman Development project and a handful of other apartment land deals in Clermont. “There’s intense demand from developers,” he added.