Author Archives: Kristin Fortier

Florida developer plans townhomes on former vineyard near Daytona Beach | Orlando Business Journal

By Alex Soderstrom, OBJ Staff Writer & Orlando Inno Reporter | Orlando Business Journal | Sep 2, 2022

Details of a Volusia County suburb with street names like Cabernet Drive and Moscato Drive have been uncorked.

Daytona Beach-based Ridge Development Group LLC plans to develop a 134-townhome community called “The Vineyards” in Holly Hill, according to plans recently filed with the state.

The Volusia County market is ripe with development opportunities as neighboring Seminole County becomes increasingly built out, Daryl Carter, president of Orlando-based commercial real estate firm Maury L. Carter & Associates Inc., told OBJ. Carter is not involved with The Vineyards, but his firm is marketing multiple properties in the county.

Plus, Orlando Sanford International Airport — just across the county line from Volusia — continues to add airlines and its traffic is climbing toward pre-pandemic levels, though it’s not there yet. Still, Carter said he expects the growth of the airport and surrounding businesses, along with the urbanization of Seminole County, to push more activity to Volusia County. “That’s the natural next frontier.”

Read entire article here: https://www.bizjournals.com/orlando/news/2022/09/02/florida-home-construction-housing-daytona-beach.html

Tyson Ranch developer files plans for two side-by-side hotels, 297 multifamily units near airport | GrowthSpotter

By Dustin Wyatt |Growthspotter
Aug 31, 2022 at 3:48 pm

Maitland-based developer Ralph Singleton has submitted plans for two separate projects in recent weeks as he works to fill the remaining land within his more than 80-acre Tyson Ranch mixed-use site just south of the Orlando International Airport.

The Bainbridge Companies signed on to the Tyson Ranch project in 2019 with plans to build a 324-unit apartment community. But in December of 2021, Arlington Properties bought that land from Singleton instead for $10 million.

That deal was brokered by James Dowd, president of Dowd Properties, Inc. He and Daryl Carter own land across the street from the Tyson Ranch site on Boggy Creek Road. They’ve filed plans for 350 apartment units and 15,000 square feet of commercial on 22 acres here.

Read entire article here: https://www.growthspotter.com/news/hotels/gs-news-tyson-ranch-hotel-multifamily-development-orlando-airport-20220831-bgs5anlpdfhe7kqcbsxzgdcyyi-story.html