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National homebuilder bets on booming Lake County area with 33-acre land deal

Homebuilders Homebuilder Richmond American Homes bought 33 acres in Leesburg for an 83-unit community. (OBJ)
(OBJ)

ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.

A national homebuilder is set to develop a plot of vacant Leesburg land sold twice in a month.

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Denver-based Richmond American Homes closed a deal for 33 acres at the southeast corner of the intersection of Poe Street and Radio Road on Sept. 4 for $3.154 million.

Richmond bought the property from the Winter Park-based Henin Group, which bought it for $1.6 million in August in order to sell it to a homebuilder.

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