Leesburg commissioners have given their unanimous approval for a plat containing 50 additional homes in the Villages of West Lake.
The Villages of West Lake is one of the newest extensions of the mammoth retirement community.
West Lake is located entirely within Lake County and Leesburg. The Villages of West Lake is adjacent to The Villages of Southern Oaks, and will be situated on both the north and south sides of the Florida Turnpike and both sides of County Road 470 to County Road 48. Plans also call for the southward continuation of Buena Vista Boulevard from State Road 44 to CR 470.
The 50 homes approved by the commissioners brings the total approved to 1,736 homes in Leesburg. City officials estimated in 2018 that the city will net some $8.7 million from the land sale. Construction is expected to cost between $900 million to $1.2 billion. Once completed, the city should annually collect $4.5 million in property taxes.
Previously, Leesburg, with a 2016 population of 22,419, had seen an average of 176 homes built every year for the past 15 years.
