Open in App
WFTV Channel 9 Orlando

Tavistock Development sells 14 acres in Lake Nona to Orlando; read why

By WFTV.com News Staff, Ryan Lynch,

30 days ago
https://img.particlenews.com/image.php?url=1qxt0K_0s79x32i00

Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.

Tavistock Development has sold vacant land in its popular Lake Nona community to the city of Orlando.

▶ WATCH CHANNEL 9 EYEWITNESS NEWS

An entity connected to Tavistock — the developer of the 17-square-mile, master-planned community — conveyed to Orlando 14.2 acres of land along Luminary Boulevard for $6.39 million in park impact fee credits on March 15, according to Orange County Property Records.

The property purchase comes with a restrictive covenant that it must be used for a park for at least one year, after which it could become a City of Orlando-owned community center or public gardens for 75 years after that.

Read: ‘Looking to game the system’: DeSantis signs squatting bill into law in Orlando

Click here to read the full story on the Orlando Business Journal’s website.

Click here to download our free news, weather and smart TV apps. And click here to stream Channel 9 Eyewitness News live.


Expand All
Comments / 0
Add a Comment
YOU MAY ALSO LIKE
Most Popular newsMost Popular

Comments / 0