Commissioners are scheduled to vote Monday on a Development Agreement with LifeSports USA to build and operate a 60-acre sports complex at the southwest quadrant of W192 and the S.R. 429 interchange. The complex would anchor a 23-acre town center on W192 with up to 81,000 square feet of commercial space, including a 128-room hotel, and a 300-unit apartment complex.
New multifamily developments would be hit hardest under the staff recommendation. Their fees would nearly double from $6,088 per unit to $11,362. Multifamily developers are also facing a potential doubling of mobility fees in 2018, and the combination of the two could kill some projects that are currently in permitting.
The New Jersey-based homebuilder paid $4.9 million for Phase 2 of Magnolia at Westside, a 246-home subdivision in Four Corners near the intersection of Westside Boulevard and Florence Villa Grove Road.
What attracted us to the project was to be able to deliver relatively affordable single-family homes in a market that's close to the attractions and is in an exemplary school district, with the neighborhood being zoned for the Westside K-8 school and Celebration High School.