130 E Carter Rd: This asset originally was zoned for RH-3 (25 Residential Lots); we went through the approval and entitlement of the rezoning process to maximize development capacity and obtained a rezoning of 41 houses. In turn, we obtained an LOI from the national builder, KB Home.
Old Tampa
Highway
Recent
Projects
Old Tampa Highway: Originally acquired this asset at 22.7 Acres; within a short period, we did an assemblage of surrounding parcels adding from 22.7 to over 50+ acres. We are currently under contract with Johnson Development for disposition of 23.4 acres.
The Olive Street
Project
Olive St
Project
Location
39 Modern Affordable Homes on 8.2 acres .5 miles – Bonnet Springs 1.2 miles – Downtown Lakeland Less than 2 miles away, 6 Peaceful Lakes & Florida Southern University
Project
Summary
TRUE INVESTORS DEVELOPMENT (TID), is a Central Florida Development Company with a mission of “Transforming Cities, One Community at a time.” TID intends to undertake approval for entitlement rights to develop Modern, Affordable Single-Family Homes on the Property.
The Property is located at 1506 Olive Street, Lakeland, Florida. This 8.2-acre property is currently zoned RA-4 (Single Family) and I-1 (Light Industrial). Property is located in an “Opportunity Zone”.