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Commission reviews final plat for Lake Deere Townhomes subdivision, 304 units proposed
Summary
City staff presented the final plat for the Lake Deere Townhomes subdivision — a 51.7‑acre project with 304 building lots and 10 common lots — and described infrastructure commitments and a performance bond of nearly $2 million.
City staff presented materials for final plat approval of the Lake Deere Townhomes subdivision, a 51.7‑acre residential development proposing 304 building lots and 10 common lots.
Staff said internal roads will be dedicated to Winter Haven City and that water and sewer lines will be maintained by the city; wastewater will be treated at Wastewater Treatment Plant 3. Stormwater and on‑site drainage responsibilities will belong to the homeowners association (HOA), and the developer has posted a performance bond just shy of $2,000,000 to cover unfinished infrastructure work including earthwork, sanitary sewer, potable water, stormwater, paving and required engineering certifications.
The subdivision is planned under the multifamily residential low density R‑3 zoning district. Staff said the county roadway it will tie to (30 Fifth Street) has sufficient capacity for the development. Using a taxable value assumption of $245,000 per lot and the current millage rate of 6.59, staff estimated about $490,000 in annual ad valorem revenue from the development, with additional utility and related tax revenues to follow.
Why this matters: The plat represents a substantial increase in housing units and will shift infrastructure responsibilities (notably stormwater) to an HOA while adding revenue and service demands on city utilities and roadway connections. Staff presented details and invited commission questions; the transcript records the presentation but not a formal plat approval vote.
