Residential development is important to Economic Development in that it assists in the diversification of the City’s residential inventory and the development of marketplace for future growth.
In discussions with the City’s Planning & Development Services Staff, there are five (5) residential sub-divisions in either processing or discussion, as follows:
A. Fernanda Place 253 lots-approved
B. Lake Gleason Reserve 53 lots-approved
C. Lake Sidney Estates 38 lots approved (working on sewer-build 150)
D. Vineland Reserve 407 lots-approved for phased development
E. Hampton Oaks 278 lots-approved
1000+ lots total
The Volusia DOED last several Q reports show the average new home cost in Deltona at $250,000.
These approved new homes to be will be valued at $257 Million.
Additionally, please note that the City has been approached by other potential subdivisions (each with commercial out-parcels) totaling up to 1,000 +/-additional residential lots. Subdivisions Update Map