LeCesse Development seeks rights for multi-family housing near Meadow Woods SunRail station – GrowthSpotter

Based in Altamonte Springs LeCesse Development Company is preparing to place apartments within walking distance of the Meadow Woods SunRail station.

The developer and his partner, an apartment management company Cambridge Management Servicesare seeking a land use change for 10 acres in the middle of an unfinished shopping center within the community of Southchase that would allow for the development of 280 multi-family housing units.

The project, located near the intersection of S. Orange Avenue and W. Wetherbee Road, houses a 7-Eleven, a cash wash and a dollar store. This still has 108,277 square feet of commercial and retail use rights. An application submitted to Orange County on behalf of the developers by Sam Sebaali with Florida Engineering Group is requesting the conversion of 32,340 square feet of these rights to mid-rise residential units.

This would leave the developers with 75,937 square feet of commercial rights to build in the future on the other three exterior parcels fronting S. Orange Avenue.

The Change Determination Review due to be presented to the county’s Development Review Board on May 25 also requests three Orange County code waivers to allow apartment buildings up to four stories high. Currently, residential units are limited to three stories on the property, but commercial uses were permitted up to 50 feet in height. The developer justified the request by noting that the placement of the building would be 150 feet from the nearest single family home.

The land was purchased for $594,000 in 2013 by Orlando-based real estate investor Sean McElvaney. An entity under his name, West Pine LLC, also owns six adjacent parcels totaling over 30 acres.

The land is surrounded on three sides by housing estates. It is located less than a mile north of Southland Elementary School and less than three miles west of Wetherbee Elementary School.

It is approximately 10 miles southwest of Orlando International Airport where a lot of development activity is taking place, particularly along nearby Boggy Creek Road – a north-south corridor that connects state highways 417 and 528 – and the community of Lake Nona, a red-hot real estate market southeast of the airport.

It is less than a quarter mile from the Meadow Woods SunRail station.

The 16 SunRail stops from Volusia to Osceola Counties have become attractive locations for transit-oriented residential development.

In 2020, when Pulte Homes paid $9.5 million for 150 acres one mile from Ponciana Station for what would become the 500+ lot Cypress Hammock Subdivision, a company executive predicted that a even greater growth along the commuter rail line would follow.

“The SunRail is sure to be appealing to buyers who work downtown and want to get to work stress-free,” Max Perlman, vice president of land acquisition for Pulte, told GrowthSpotter at l. ‘era. “As the system continues to grow, we believe the SunRail will only grow in popularity and utility throughout Central Florida.”

In February 2022, real estate company Davis Development and Pulte signed a plan to bring a community next to Sanford’s Sunrail station consisting of 529 market-price rental units and 120 fee-simple townhouses.

Also in February, Orlando-based real estate firm AG Properties LLC filed plans to turn the site of the closed Summit Charter School near the Maitland SunRail station into a new 35-home residential community.

And in Debary, city leaders are looking to create a “main street-style” downtown near its SunRail stop, the Daytona Beach News-Journal recently reported.

Matthew Gourlay, head of development at LeCesse Development, returned phone calls or emails asking for comment on the latest apartment project near SunRail.

Founded in 1952, the LeCesse organization has grown from a regional construction contractor in Rochester, NY to a multi-state developer and owner of multi-family properties, headquartered in Altamonte Springs, FL, according to its website.

The Company focuses on the development, construction and financing of multi-family properties. The annual volume of completed construction exceeds $100 million per year, its website says.

LeCesse has developed more than 20,000 residential units nationwide, including several in the Orlando area.

LeCesse’s past projects here include the 300-unit Ecco on Orange (now known as the Cortland on Orange), the 289-unit Ancora Orlando, and the 244-unit Rize in Winter Springs.

Currently, he still owns and manages Villa Grande on Saxon, a senior citizens’ community in Orange City; the Maitland Park Grand Reserve in Maitland; the Grand Reserve at Lee Vista in Orlando, just three miles from Orlando International Airport; and Bella Nova at JubiLee Park in Orlando

In early 2021, the company opened a 269-unit luxury apartment community in Oviedo called Avila, which is slated to open this summer.

Located at 426 W. State Road — 10 minutes from the University of Central Florida — Avila will consist of three three-story buildings with a mix of one-, two-, and three-bedroom units, according to the website. company.

Lecesse Development is also looking to add another apartment community north of the airport to be called The Village at Crescent Park. Plans submitted to the City of Orlando call for five four-story buildings totaling 292 garden apartments.

This property is located along the west side of Conway Road, east of Orange Avenue, north of State Road 528.

Do you have any advice on developing Central Florida? Contact me at (407)-800-1161 or [email protected]or send me a tweet at @DustinWyattGS. Follow GrowthSpotter on Facebook, Twitter and LinkedIn.

Chris B. Hall