Jerome Henin |
SANFORD, FL – Henin
Springview LLC, a
subsidiary of The Henin Group which focuses on unique luxury
neighborhoods and multifamily developments, has sold its planned Lake Monroe
Shores to a national homebuilder.
The
18-acre parcel was approved last year for 150 townhomes on the site at 2300 W.
First Street in Sanford .
The Orlando Division of M/I Homes closed last week in January on the shovel-ready property located along the shores of Lake Monroe .
The area is highly desirable with a hospital, historic downtown
Sanford , a lakefront park and trails, employment corridors, and a mall nearby,
said Jerome Henin, CEO of the Henin Group.
“We were delayed on the approvals and permitting during 2020
with the Covid-19 shutdown and the governmental agencies working from home,”
Henin said. Plans for the townhomes were approved and permitted after
being rezoned from industrial to residential.
Construction is getting underway soon, according
to Henin. “This development is a good fit for M/I Homes as they are currently
building The Towns at White Cedar just a few minutes west on White Cedar Road
off of SR 46.
David Byrnes |
Henin said the townhomes at Lake Monroe Shores will
provide reasonably priced starter homes for Seminole
County residents.
They
most likely will be priced starting in the mid $200,000s and include the
homebuilders 15-year structural warranty. The three-and four-bedroom units are
anticipated to start at 1,800 square feet.
M/I Homes also builds in the Henin Group’s award-winning
Riviera Bella in DeBary where production homes are priced from the mid
$200,000s and custom homes up to $2 million.
Contacts:
Jerome Henin, founder/CEO The Henin Group,
407-644-8595
David Byrnes, Area President or Daniel Kaiser, Vice President
for Land, M/I Homes,
407-531-5100
Beth Payan, Larry Vershel Communications, 407-644-4142,
407-461-3781 or beth@larryvershel.com
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