ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.
A land sale in Lake County is setting the stage for a major planned development that will yield more than a thousand new homes.
48 Land Group LLC, an entity tied to Orlando-based Dix Developments, bought 74 acres at 1100 County Road 48 in Leesburg for $4.9 million from Blake Baggett Motorsports Inc. in a deal that closed March 13, according to a deed filed with the county.
The property is to become a residential subdivision called Blake Ridge that will include 216 single-family homes, according to a release from Dix Developments. Earthwork on the project will begin September 2025.
Click here to read the full story on the Orlando Business Journal’s website.
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