HallDSi has another project in the news; February 21, 2019

Park Square partnership targets lot across a cemetery for new single-family homes

Amanda Rabines

Amanda RabinesGrowthSpotter

Orlando-based developer Khaled Hussein is teaming up with Park Square Homes to introduce a new single-family home community directly across the Chapel Hill Cemetery in east Orange County.

According to a recent Technical Review Group application filed in Orange County, Hussein is seeking to rezone four parcels of mostly undeveloped land directly east of Harrell Road from A2 to PD.

A majority of the roughly 17 acres is owned by a trust that lists Jacqueline M. Lloyd and Sheryl Meeks as trustees. Felix and Delfina Bon Pastrana own the remaining 4.6 acres just north of the Little Econlockhatchee River and the Little Econ Greenway.

Under the current zoning, the partners would be capped at one dwelling unit per every 10 acres. Park Square CEO Suresh Gupta said they’re looking to build 67 single-family market-rate homes.

AVCON Inc. is the civil engineer behind the project called Harrell Oaks. Hussein, of Cedar Engineering Consultants, was not immediately available to comment.

The property straddles Trevarthon Road and is near the S.R. 417 and East Colonial Drive interchange.

Surrounded by a small white fence, the Chapel Hill Cemetery to the propery’s left features a well-kept green field with neat rows of gravestone markers.

Though an unusual site to neighbor, the cemetery wasn’t a deal breaker for partners, who are known for taking on challenging projects.

In 2016, they partnered to close on a deal of land at 1021 S. Dean Road, ready for single family development — the catch being there was a sinkhole at the center of the property filled with 25 feet of muck.

The Harrell Oaks property also lies in east Orlando near the University of Central Florida, where a number of investors are actively re-positioning multifamily and student housing complexes.

One of the latest examples is Horizon Realty Advisors’ $65 million purchase of The Glenn apartments on University Boulevard. Last year, the company made its foray into Orlando when it bought the nearby 384-bed student housing complex dubbed The Quad.

HallDSi makes news with a Tourist Resort; February 20, 2019

Multifamily, hotel entitlements sought for South I-Drive property

Bill Zimmerman

Bill ZimmermanGrowthSpotter

The owner of the Caribe Royale resort is looking to add entitlements for 341 multifamily housing units, 300 hotel rooms and 100,000 square feet of commercial space to property it owns along South International Drive and State Road 536 in Orange County.

Owner and developer Sierra Land Group, Inc., holds four adjacent parcels with entitlements totaling 481 hotel rooms, 897 timeshare units, 100,000 square feet of commercial space and a convention-center hotel with 1,618 hotel rooms, 200,000 square feet of convention-center space and support facilities, according to a land-use plan filed with the county that could prepare the property for sale.

Sierra requests to move those approved entitlements onto three parcels totaling approximately 93 acres and located west of South I-Drive, and re-entitle a fourth parcel east of the road on 35.46 acres, including 3 ponds, to accommodate the new request. Proposed trips to the parcels in total would increase approximately 5,500 compared to vested/constructed figures, according to the plan.

PE Group of Orlando is listed as civil engineer on the land-use plan changes, with Hall Development Services of Orlando as planner, Traffic & Mobility Consultants of Orlando as transportation planner, Thomson Enviromental Consultants of Orlando on environment issues, and surveyors Base Line Land Surveyors of Winter Garden as well as American Surveying and Mapping, Inc., of Winter Park.

Caribe Royale filed plans in January to expand meeting space by 86,000 square feet and construct new support facilities while demolishing others, as well as move 7.63 acres from a parcel along the west side of South I-Drive to its main developed parcel. Calls to Caribe Royale and to Glendale, Calif.-based Sierra were not immediately returned.

With 1,338 rooms in 11 stories about 1.5 miles east of Walt Disney World, Caribe Royale bills itself as the Orlando area’s largest all-suite resort, and offers more than 72,400 square feet of meeting space.

Nearby, recently planned apartment properties include 278 units in the works by ContraVest on 11 acres of a 51-acre lakefront South I-Drive site.

Orlando #7 City for growth according to Milken Institute

Best-Performing Cities 2018: Where America’s Jobs Are Created and Sustained

Jan 24, 2019

The Milken Institute’s Best-Performing Cities U.S. index provides a way to measure which American metropolitan areas offer the greatest opportunities for prosperity and innovation across the nation. The BPC index measures each metro area’s economic performance using outcomes-based metrics such as job creation, wage gains, and technological developments to evaluate their relative growth.

The Rankings:

Provo-Orem, UT, holds steady at the top of our index, thanks to a dynamic high-tech sector, an educated workforce, and a business-friendly tax and regulatory climate.

Growth through tech is the reigning theme across America, with Silicon Valley and several of Northern California’s tech-focused metro areas in the top 20. Outside the Golden State, tech hubs such as Austin-Round Rock, TX, Dallas-Plano-Irving, TX, and Raleigh, NC, have also leveraged their educated workforces and competitive business climates to generate growth.

Top Ten Best-Performing Cities U.S. 2018

Metropolitan Statistical Area (MSA) /
Metropolitan Division (MD)

2018 Rank

2017 Rank


Provo-Orem, UT MSA




San Jose-Sunnyvale-Santa Clara, CA MSA




Austin-Round Rock, TX MSA




San Francisco-Redwood City-South San Francisco, CA MD




Dallas-Plano-Irving, TX MD




Raleigh, NC MSA




Orlando-Kissimmee-Sanford, FL MSA




HallDSi selected by the Town of Oakland for planning services; January 22, 2019

In conjunction with DRMP and Borelli Partners, HallDSi has been selected for continuing design services for the Town Of Oakland.  Possible assignments include assisting on designing the future mixed use town center and continued expansion of the Town’s trail system.

HallDSi makes the news again for client Bering Homes; January 15, 2019

Tampa homebuilder wants to ditch plans for timeshare near Ruby Lake for multifamily

Amanda RabinesGrowthSpotter

A Tampa-based homebuilder wants to do away with plans to build timeshare units near Ruby Lake, and instead build up to 400 multifamily units along with additional commercial space.

The change is being sought by Bering Homes, which recently reactivated the shelved Tierra Del Sol resort development near ChampionsGate in Polk County.

Planner Jim Hall of Hall Development Services filed the Land Use Plans on behalf of Bering LLC, led by Chad R. O’Brien. It’s set to go before Orange County’s Development Review Committee this week.

If approved, plans would allow for up to 400 multifamily units and 15,000 square feet of commercial space. The request would replace previous entitlements calling for 420 timeshare units with 30,000 square feet of commercial space.

A conceptual site plan for the property shows the development is geared to townhome construction. Representatives for Bering Homes could not be reached for comment.

Bering Homes is also asking Orange County to change the Future Land Use Designation of the property from Activity Center Mixed-Use to Planned Development Commercial/Medium-High Density Residential.

The area has seen a flurry of new development over the past couple years, mostly from Pulte Homes. The home developer has amassed more than 157 acres of land bordering the lake for projects including Pulte Phillips Grove, Pulte’s Ruby Lake and Overlook at Ruby Lake.

In Polk County, Bering Homes received county approval in December to build up to 252 short-term rental townhomes, as part of a larger 159-acre resort project at the corner of U.S. 27 and Bella Citta Boulevard.

HallDSi starts off the New Year in the News

Jerry Stockfisch and Laura Kinsler

Documents filed Dec. 17 with Orange County indicate plans are in the works for a new apartment complex with 250 units along the Stoneybrook East Golf Club east of Orlando.

Eden Multifamily is a boutique multifamily residential development and investment firm based in Coconut Grove. It has focused chiefly on apartment developments in South Florida. The Alafaya complex would be Eden’s first in the Orlando market.

“We tend to follow growth areas throughout the state,” President Jay Jacobson told GrowthSpotter. “We’re active throughout South Florida, and we have a project starting in March or April in Port Orange. Orlando is the next natural stop.”

Hall Development Services is the project planner. Jim Hall filed an application to remove the 14.5 acre site from the existing Stoneybrook Planned Development and create a new PD for the apartments, which are now being called Eden Stoneybrook. The documents were registered on Dec. 17.

The application documents indicate the developer is requesting to shift 14.5 acres from the Stoneybrook public development to a new public development south of the golf course’s ninth hole and west of the clubhouse. The land is north and east of a bend in the South Alafaya Trail. The property address is 2900 Northampton Ave.

Sunrail is improving our community

A recent FDOT study shows marked property value for land near a Sunrail station:


SunRail boosted property values around stations by $2.4B, study says

A new study commissioned by the Florida Department of Transportation has confirmed what local transit enthusiasts have promised: SunRail is proving to be a good investment.

Property values around the first 12 stations increased by $2.4 billion (63 percent) from 2011-2017, and FDOT estimates that $1.19 billion of that is directly attributable to SunRail. Each station has drawn new development, and most experienced a sharp increase in property values that outpaced their surrounding areas by nearly 23 percent.

The research team from Florida State University first analyzed the property value impact of SunRail in 2015, but at that time, the system had only been operational for two years. Now, with three more years of data, the team determined that property values in the station areas are escalating at a higher rate as the system matures.

In 2016, for example, the station area property values grew at twice the rate as their surrounding neighborhoods. Last year the station area values grew at seven times the rate of the comparable neighborhoods.

“In this way, SunRail has provided promising indications that it may continue to spur development and boost local property values in the coming years,” it found.

Investment and appreciation around the stations has generated $18 million in taxable revenue for the local jurisdictions. But higher property values haven’t always translated to increased revenues because so much of the property around the two hospital stations is tax exempt.

Like its companion ridership study by MetroPlan Orlando, the property value analysis did not take into account the SunRail’s southern extension, which opened this past summer. It also doesn’t count new Transit Oriented Development projects until they come on the tax roll, so major projects like Maitland Station Apartments are not included.

The Church Street station area ranked first system wide with a 125-percent increase in property value over the seven-year study period. But that number was buoyed in 2012 by the opening of Amway Center, which accounted for $275 million of the $333 million in new property value for that year.

The overwhelming majority of new value — 95 percent — has been centered around the Orange County stations. The five station areas in Seminole and Volusia counties gathered a combined $102.1 million in property values, with a decline of $543 thousand in the Altamonte Springs station area.

The suburban stations, while not experiencing the massive influx of new development seen in downtown Orlando and Winter Park, nevertheless saw “notable shifts in development patterns” away from single family homes to multifamily and mixed-use apartments.

Six Months in Business

Business is doing well with an exciting array of projects including the revamping of the Agrihood project the Grow to include wildlife corridors.  Here is the new Master Plan.  The Grow is 1,200 acres with a 9 acre working farm, over 20 acres of community gardens, 12 miles of bicycle and pedestrian facilities, an elementary school, a 20 acre regional park, a 25 acre mixed use community center and over 2,000 homes.

the Grow 2.0 with wildlife corridors

New Business; New Website