Common Contracts
1 similar Development Agreement contracts
MEMORANDUMDevelopment Agreement • March 15th, 2023 • Florida
Attached for your consideration is a Development Agreement between the City of Lakeland and Prose Lakeland Owner, LLC (Prose). Prose is developing a multi-family residential development consisting of 391 units on 22.87 acres located south of State Road 572 (Drane Field Road-South Parkway Frontage Road) and east of Pipkin Creek Road. Given the location of Prose’s proposed development within a larger Planned Unit Development (PUD) within which the adjacent Lakeside Preserve single-family residential community is proposed, the PUD requires that both Prose and Lakeside Preserve establish and pay their fair share percentages for identified access and operational improvements at the State Road 572/Pipkin Creek Road intersection, including the signalization of the intersection. A separate Development Agreement with Pipkin Creek Properties, LLC, the developer of Lakeside Preserve, has been negotiated and is also included on this agenda to provide for Lakeside Preserve’s share of the intersecti
