OLDSMAR — A new developer is seeking city approval to build a 30-home subdivision on just over 10 acres south of Lafayette Boulevard and east of State Street.
The subdivision, to be built by M/I Homes, is intended to replace the ill-fated Heroes Hope, a community for injured military veterans proposed by Pinellas County businessman Todd Adams before his plans fizzled last year.
The new subdivision, to be called Wellington Estates, should have lots available for purchase by September, said Christopher Koncal, a representative of development partner the Barclay Group in Palm Harbor.
Wellington Estates will be a neighborhood of 2,500- to 3,500-square-foot homes in the $350,000 to $450,000 price range.
Koncal and two engineers from Avid Engineering, also based in Palm Harbor, presented the new concept to the Oldsmar City Council on Tuesday.
"We're very appreciative that you're bringing a $10 million project to the city of Oldsmar," said Mayor Jim Ronecker.
The 30 lots, 65 feet wide and 120 feet deep, will be the same size as those planned for Heroes Hope.
Oldsmar residents had expressed concerns about Heroes Hope and whether it would increase traffic, displace wildlife or cause flooding. Some also worried that the homes, priced low to make them affordable for wounded veterans, would decrease nearby property values.
The new concept, the more upscale Wellington Estates, will be a better fit for Oldsmar, Koncal said. Three retention ponds will catch excess stormwater. Park benches, acorn lighting and bike paths will follow the downtown State Street theme.
"One question: When will it be done?" asked Vice Mayor Jerry Beverland. "Hurry up!"
The City Council authorized the city clerk to schedule the first public hearing on Wellington Estates for the Feb. 5 City Council meeting, which starts at 7 p.m.
Danielle Paquette can be reached at email@example.com or (727) 445-4224. To write a letter to the editor, go to tampabay.com/letters.