L&V Sutton Investments has been planning to construct a new development in the city of Ocala, but one major obstacle remains in its way.
Following a predictable downturn at the onset of the COVID-19 pandemic, recent reports show that the market is back up and running. After a slight decrease in recent months, the market roared back to life in November of 2021.
Developers are plotting to build a string of multi-family units along a piece of State Road 200 in Ocala that spans nearly a mile and a quarter.
The average price of existing single-family homes in Marion County continues to rise.
It was understandable that the COVID-19 pandemic would put a dent into the average sales prices of homes, as people were unwilling to pack up and move into a new house. But by October of 2020, the market had rebounded and demand for houses had risen back up. One year later, and those numbers are even more promising.
Hundreds of residents across the city of Ocala and Marion County have recently sounded off on the topic of bringing commercial airline services to Ocala's OCF Airport. The topic was first broached in the form of a recently shared letter to the city.
Citizens of Marion County have laid out compelling arguments both for and against it.
A massive estate that belongs to Grammy winner Olga Tanon and that spans 26 acres is up for sale in the middle of Ocala.
The property comes equipped with an enormous equestrian setup that should satisfy the desires of any individual who loves horses. Since 2013, the property belonged to Tanon and her husband, Billy Denizard, where they raised and trained horses. But eight years later, and the couple says that it's time for them to embark on the next journey of their lives, and turn the equestrian center- and the property- over to someone else.
31 different restaurants in the town of Ocala, FL received substantial financial aid from the United States government in the midst of the COVID-19 pandemic.
In recent months, the housing market in Ocala, FL, exploded beyond some experts' understanding. The boom was noticeable, yet somewhat predictable: in the early months of the pandemic caused by the novel coronavirus, it was understandable that the housing market would not be doing so well. But after the initial months of the pandemic inflicted some damage to the housing market in Ocala, the market roared back to life- leaving observers wondering just how strong it could become.
The World Equestrian Center has bought the Ocala Jockey Club in the northern part of Marion County. The purchase officially ends a search for a new owner that has spanned over two and a half years.
The Jockey Club property, which is located at 8720 W. County Road 318 in Reddick, features just shy of a thousand acres of land, and is billed as boasting a "rich history in hosting top equestrian events." The World Equestrian Center buying the Jockey Club has also spawned a new official name for the property: The World Equestrian Jockey Club.
A former Major League Baseball star has sold his massive Ocala property to South Florida businessman Benjamin Leon for just over $6 million.
Members of a retirement community in Ocala are perturbed by the city's plans to build a new community directly adjacent to their current homes.
Though the housing market in Marion County took a somewhat predictable dip in the early months of the COVID-19 pandemic, the market has since come roaring back to life. And with the latest numbers from the Ocala/Marion County Association of Realtors, the suggestion is that the market won't stop booming any time soon.
A new warehouse is coming to Ocala.
Red Rock Development, the company that was responsible for recently building the Amazon facility in Ocala, has broken ground at the site of a future warehouse located at 3100 44th Northwest Ave. The warehouse is expected to eclipse one million square feet.
Forestar Real Estate Group, Inc., the company behind The Ridge at Heathbrook, is planning to petition the city of Ocala to change the classification status on its latest project.
The Ridge at Heathbrook, a residential housing development that the city green-lit in 2020, will feature nearly 400 new homes when it's complete. Construction of the new community is ongoing, and broken up into phases, the first of which will see 135 residential units erected.
In 2017, the Marion County Commission struck down Ocala Ranch's plans to build a large community in the town of Ocala, even though the Planning & Zoning Commission recommended its approval. Ocala Ranch responded by filing a civil suit that sought over $20 million in damages, and not much has happened in the dispute since.
But then in mid-May, Ocala Ranch changed tactics, and began to seek a different venue in which to continue its legal battle.
By May of 2022, Marion County is expected to add approximately five million feet worth of warehouse space. The move comes as construction companies are banking on the county to become the distribution lynchpin of the Sunshine State. The expansion is going to mean that the county will more than double the amoung of space that is currently occupied by distribution centers.
As things begin to open back up and Marion County begins to look toward a post coronavirus world, a new restaurant is set to enter the market.
Chicken Salad Chick, which describes itself as a fast chicken salad restaurant that serves up, "Delicious, scratch-made, Southern-style, craveable favorites served from the heart," is coming to Ocala.
Late last month, a group of masked men and women in business attire posed for pictures holding shovels just outside the West Marion Community Hospital. The occasion? That hospital is set to receive a notable expansion- an expansion that many hope takes a step toward the goal of providing those in Marion County with the best care possible.
Jumbolair Aviation Estates, an enormous compound in Ocala that features over 500 acres of land, a private airplane hangar and what some have called the longest private paved runway in America, has been sold for $9.5M.
The compound that was once owned by the Vanderbilt family as a massive horse farm now finds itself in the hands of Jumboland Development, LLC. Records for the Florida Division of Corporation show that the Melbourne based company is managed by Robert and Debra Bull.
An enormous Ocala estate is now on the market.
The Waldrep family has placed its 195 acre property for sale with an asking price of $12 million. Linda Doyle of Royal Shell Real Estate LLC. is notated as the listing agent.
