By LAURA KINSLER
GROWTHSPOTTER | JAN 31, 2022 AT 10:00 AM

Atlanta-based Stonemont Financial Group is entering Central Florida’s red-hot industrial market with plans for two Class-A distribution centers projects in Groveland and Ocala scheduled for delivery in 2023 with a combined 1.33 million square feet.

In December Stonemont paid $15.3 million for a 74-acre site in the Christopher C. Ford Commerce Park in Groveland directly across from a new Amazon fulfillment center that opened in 2021. Stonemont is co-developing Groveland Turnpike Center with CA Ventures at 7453 Republic Dr., two miles from Florida’s Turnpike and within a two-hour drive of nine and a half million people. Daryl Carter and John Evans with Maury L. Carter & Associates represented the sellers.

Read entire article here: https://www.growthspotter.com/news/industrial-real-estate-developments/gs-news-stonemont-groveland-20220131-yvo5ewiy3vbwvayj4hpcohazvy-story.html

By BILL ZAFEROS
GROWTHSPOTTER | JAN 28, 2022 AT 5:08 PM

The City of Groveland may see hundreds of new homes rise on 370 acres of former orange groves after land was sold to a pair of holding companies affiliated with California-based Richland Communities.

The land, located on East Dewey Robbins Road north of the Florida Turnpike and east of U.S. Highway 27 in Groveland, was once a profitable orange grove but now has a Village Core future land use in the city’s Comprehensive Plan. Assigned a “Hamlet” designation, the land use would allow for the development of 740 residential units and a village core.

…

Daryl Carter, of Maury L. Carter & Associates, represented the buyers. He was unavailable for comment.

Read entire article here: https://www.growthspotter.com/news/gs-news–20220128-jz7ghtmat5dopai3cjb44alyzi-story.html