Lowndes provided zoning and land use counsel to Encore Capital Management for the development of a mixed-use community in Leesburg, Fla., that will include 292 single-family detached lots, 138 townhomes, 288 multifamily units and 164,000 square feet of commercial property. Located on U.S. Highway 27 just east of Florida’s turnpike, this large planned development project received unanimous approval by the Leesburg City Commission on August 8, 2022.
Encore Capital Management is a vertically integrated real estate developer, operator, and institutional investment management firm based in Boca Raton, Fla. Encore, which developed Margaritaville Resort Orlando, also has investments in Miami, Orlando, Jacksonville, Tampa, Los Angeles, San Diego, Sacramento, San Francisco, Portland, Jersey City and Phoenix.
Lowndes attorney Tara Tedrow, a shareholder in the firm’s Real Estate Transactions, Development, Land Use, Zoning & Environmental practices, represented Encore Capital Management during the approval process.
Related News: Margaritaville Developer Wins Approval for Mixed-use Project on U.S. 27 at Turnpike in Leesburg (subscription may be required)