Ford Plot –
This is one of two land development projects we have with our operating partner DDC Management. The Ford Plot is well located along Interstate 4 in Deland, metro Orlando Florida. We are currently entitling the project to develop 440 residential lots for sale to national homebuilders, and our final entitlements are expected to be received in Q2 2020 with lots on the ground for sale by year-end 2020. Upon final entitlements, we will likely partner with both an institutional private equity firm as well as institutional lender for developing the project.
440 developed lots