WINTER GARDEN, Fla. – The city of Winter Garden on Thursday approved a letter of intent to continue discussing a multi-use project that includes an open-air soccer stadium.
The proposed development includes an open-air soccer stadium with 5,000 seats, a hotel with convention space, commercial space to live and work, residential and multi-family units, a senior living club, a parking garage, and up to 10 acres of recreational fields and park areas.
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The project will be built on East Plant Street on the Strates Property, spanning 70-acres, according to development plans.
Documents show the city plans to match the rest of Plant Street’s character design, facilitating a “strong pedestrian environment” and a focus on public spaces to “generate a higher level of activity.”
The proposal states the project includes a number of benefits to the community, including bringing city-owned recreational areas open to the public, opportunities for new senior affordable housing and bringing in jobs.
Federal Finance, the developer of the project, estimates a $300 million investment toward the project.
The 70-acre space is currently vacant with agriculture zoning, allowing for potential in a variety of mixed-use development.
In its letter of intent, the city commission was recommended to continue negotiations with Federal Finance about the potential development of the property.