Mar 16, 2021
SANFORD – Henin Springview LLC, a subsidiary of The Henin Group which focuses on unique luxury neighborhoods and multifamily developments, has sold its planned Sanford townhome development to a national homebuilder.
The 18-acre parcel was approved last year for 150 townhomes on the site at 2300 W. First Street in Sanford.
Orlando Division of M/I Homes closed last week in January on the shovel-ready property located along the shores of Lake Monroe.
The area is highly desirable with a hospital, historic downtown Sanford, a lakefront park and trails, employment corridors, and a mall nearby, said Jerome Henin, CEO of the Henin Group.
“We were delayed on the approvals and permitting during 2020 with the Covid-19 shutdown and the governmental agencies working from home,” Henin said.
Plans for the townhomes were approved and permitted after being rezoned from industrial to residential.
Construction is getting underway soon, according to Henin.
“This development is a good fit for M/I Homes as they are currently building The Towns at White Cedar just a few minutes west on White Cedar Road off SR 46.”
M/I Homes’ Towns at Lake Monroe Commons, a name in the process of being approved, will provide reasonably priced starter homes for Seminole County residents.
They most likely will be priced starting in the mid $200,000s and include the homebuilder’s 15-year structural warranty.
The three- and four-bedroom units are anticipated to start at 1,800 square feet.
M/I Homes also builds in the Henin Group’s award-winning Riviera Bella in DeBary where production homes are priced from the mid $200,000s and custom homes up to $2 million.
For more information about this release, please contact:
Jerome Henin, founder/CEO The Henin Group, 407-644-8595 or Jerome@henin-co.com
David Byrnes, Area President or Daniel Kaiser, Vice President for Land, M/I Homes, 407-531-5100.
Beth Payan, Larry Vershel Communications, 407-644-4142, 407-461-3781 or beth@larryvershel.com
About the Developer:
France native Jerome Henin, the founder and owner of several companies involved in real estate development and sales, has more than 30 years of experience in property development in Europe, Florida and Virginia.
His largest Central Florida development – the award-winning Riviera Bella – is divided into villages with production homes’ pricing from the mid $200,000s and custom homes that are priced up to $2 million.