Author Archives: Kristin Fortier

Green Island Ranch reigned in a year of blockbuster land deals | GrowthSpotter

By LAURA KINSLER
GROWTHSPOTTER | DEC 30, 2021 AT 12:00 PM

In a year where there were shortages of everything from lumber to cooking essentials, there was no commodity more precious than land.

Daryl Carter, president of Maury L. Carter and Associates, told GrowthSpotter he had more than $100 million in closings scheduled just in the month of December. “In 35 years, this is as good a market as I’ve ever seen,” he said. “These are the best of times in Central Florida in terms of volume, pricing and activity. We’re getting the perfect storm as a result of a lot of pent-up demand, good capital availability and low interest rates.”

Read entire article here: https://www.growthspotter.com/news/gs-news-2021-land-sales-20211230-ymfcj6brtzawhcyfhrmbg6vtvq-story.html

Osceola seals the deal with Korean developer for $1B NeoCity town center

By LAURA KINSLER
GROWTHSPOTTER 

“Osceola County has sealed the deal with Korean tech billionaire Young-hwa Song to sell up to 70 acres in NeoCity for a future mixed-use town center that will combine luxury living with shops and restaurants and a new performing arts center on the lakefront.

Days after the town center plans were made public, Maury L. Carter & Associates send out an email blast promoting its newest listing for 12.2 acres on E192 at the NeoCity Way entrance to the district. President Daryl Carter said he used the county price as a comparable when pricing his site.

“They’re priced at $565,000 per acre,” Carter said. “So I would look at that and say I have 8 usable acres with direct frontage on U.S. 192 in front of NeoCity. So if a 25-acre internal site is worth $565,000 an acre, my site must be worth more. We absolutely think in those terms. People are excited about what’s happening in NeoCity, and it’s certainly driving phone and electronic traffic to our door.”