4/20/21 - Commercial / Office / Mixed Use
Tavistock is already designing for the next 16,500 homes in Sunbridge
The sales center for Weslyn Park, the first residential subdivision to be developed by Tavistock in its 24,000-acre Sunbridge community, is scheduled to open in October.
But the master developer is already thinking and planning for the future. Tavistock recently filed construction permits to extend Cyrils Drive into Phase 1 of Sunbridge while simultaneously filing a Concept Plan for Phase 2, which covers over 11,000 acres in Northeast Osceola County.
Tavistock Group Managing Director Jim Zboril told GrowthSpotter the road permit is critical to the project because it includes a bridge over the canal system, which extends the project into its marina district.
“We’re very close to the start of excavation of what we call the Big Dig, which is building that marina basin,” Zboril said. “And so that’s exciting, and that ramps us up to a whole other level of activity.”
Phase 1 of Sunbridge began last year with the opening of Del Webb at Sunbridge. “We’re super excited about what’s happening out there,” Zboril said. “Del Webb sold 24 units last month, so they’re at about 234 units, something like that, in unit sales. So that’s going really well, and we’re seeing good pricing and good activity, which is making us feel really good about Weslyn Park, which is supposed to open by the end of the year. So that’s on track.”
Del Webb and Weslyn Park are the first of six major neighborhoods that make up the nearly 4,600 residential units in Phase 1. Other major components are the marina district and an employment center with up to 1.75 million square feet of offices.
It could all be dwarfed by Phase 2, which is four times the size. Zboril estimates that construction on Phase 2 is still a few years away, but the scale of the project is so massive the permitting process has to start now.
For the full story, visit GrowthSpotter online.
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