Orlando Business Journal writer Anjali Fluker reports that Red Bank, N.J.-based Hovnanian Enterprises will break ground on Four Seasons at Orlando, an age-restricted community containing 533 single-family homes.
The $122 million development will feature a 12,000- to 14,000-square-foot clubhouse, fitness center, hobby room, and cafe. It will also offer outdoor recreational options, such as walking trails, tennis courts, and a dog park. K. Hovnanian expects to invest $16.6 million to assemble the 120 acres needed to build the community. The project is not related to the Four Seasons Hotels & Resorts.
“Access to the tourist attractions, [State Road] 429 and I-4 will make this a premier location in Orlando,” Patrick McNeally, division president of K. Hovnanian Homes told OBJ, adding that sales will likely launch in January 2017.