People are discussing the future residential development surrounding our 15 +/- ac Commercial Development Opportunity listing on the corner of US Highway 441/27 and Lake Ella Rd. The development proposal, which would bring 542 homes and 100,000 square feet of commercial space to Fruitland Park, will be presented to the Fruitland Park City Commission in July or August.
Read the full article here: Lake & Sumter Style
On July 19, the Florida Department of Transportation (FDOT) opened a new $83 million interchange at Daryl Carter Parkway. The project includes three new ramps, including a new Exit 70, that connect the parkway to Interstate 4. It is part of FDOT’s ongoing I-4 Beyond the Ultimate initiative to improve traffic flow and safety across Central Florida.
The new diverging diamond interchange features upgraded pedestrian infrastructure and is designed to ease congestion in one of Orlando’s fastest-growing corridors. A fourth ramp providing westbound access may be constructed in the future if needed.
The interchange also supports major nearby development activity, including the 350-acre O-Town West mixed-use community. This area includes new retail, restaurants, apartments, and the 350,000-square-foot headquarters of Marriott Vacations Worldwide.
With Orange County projected to add 500,000 new residents by 2050, this infrastructure upgrade helps meet the region’s transportation needs while improving access for residents, workers, and visitors alike.
Read the full article here: Orlando Business Journal