Quick Highlights
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Bennett Place, a new mixed-use community, is coming to Boggy Creek Road with 350 approved apartments and 4 acres of commercial space.
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The 22-acre site was purchased for $15 million by Parkway, Silverpeak, and Everest Equity Group after securing entitlements.
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Amenities will include a clubhouse, pool, pocket parks, fitness center, simulator room, and co-working space.
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Retail development will feature ground lease pads and in-line shops, led by Jett Development and Alexander Investments.
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The project is part of a massive development surge along Boggy Creek Road, fueled by its proximity to Lake Nona, the airport, and future road connections.
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Bennett Place Is Coming: Multifamily Boom Continues on Boggy Creek Road
If you’ve driven down Boggy Creek Road between 417 and the Osceola County line lately, you’ve likely noticed the rapid transformation. What was once a quieter stretch of land is now becoming a hotbed for development, and the momentum isn’t slowing down. The newest project in the pipeline is a major mixed-use community called Bennett Place — and it’s bringing even more residential and commercial energy to the area.
Developer Parkway Leads Major Land Deal
Parkway, a development and investment firm, has officially partnered with Silverpeak and Everest Equity Group to purchase 22 acres at the northeast corner of Boggy Creek Road and Simpson Road. The land, previously owned by Daryl Carter of Maury L. Carter & Associates and Jim Dowd of Dowd Properties, sold for $15 million.
According to Carter, the development team had the site under contract for a while. They were given time to work through the entitlement and permitting process — and once approvals were secured, the sale was finalized. That means construction isn’t just a possibility anymore; it’s imminent.
Approved Plans for 350 Apartments and Retail Space
Bennett Place has already received full approvals to move forward with a significant first phase of development. The project will include 350 apartments, designed across five mid-rise buildings. Renderings show a modern and livable community, complete with a clubhouse, resort-style pool, landscaped walkways, outdoor seating areas, and several pocket parks designed for residents to unwind and connect.
Inside, residents will have access to amenities like a sports and golf simulator, a fully equipped gym, a convenience market, and dedicated co-working space — features that cater to today’s flexible, hybrid lifestyles.
On the commercial side, roughly four acres at the northwest corner of the property will be developed for retail. Plans include three one-acre ground lease pads and a 6,000-square-foot strip of in-line shops. Jett Development will spearhead the commercial portion, while Alexander Investments will lead the multifamily buildout.
Design and Construction Timeline
Cormia Design Group prepared the architectural renderings for the multifamily section, while LIS is designing the retail spaces. Kimley-Horn is serving as the civil engineer and landscape architect for the project.
At this point, building permit applications have been submitted for the first phase and are currently under review. A general contractor has yet to be selected, but vertical construction is expected to begin in March 2026.
This marks the third collaboration between Parkway and Silverpeak. Their previous projects include The Helix in Lake Mary and Skyline at Westfall Station in Clermont. Parkway Chairman Jim Heistand said the project reflects their focus on experienced teams, clear market targets, and growing Sunbelt regions.
More Growth Around the Corner
Bennett Place is far from the only major development along this booming stretch of Boggy Creek Road. The area is rapidly becoming a regional hotspot for both residential and commercial expansion.
Just south of Bennett Place, D.R. Horton’s multifamily brand DHI Communities recently completed Ascend Nona West — a 396-unit apartment community. A future phase could expand that total to 756 units. D.R. Horton is also building a 188-lot townhome community next door, called Nona West, with homes starting in the $400,000s.
Also nearby, Alabama-based Arlington Properties opened the 350-unit Tapestry Nona and is eyeing an additional 325-unit development on adjacent land. Integra Land Company has already delivered the 355-unit Integra Towers at Nona South, and Royal Palm Companies, in partnership with Mattoni Group, plans to open a 320-unit apartment project just south of Tyson Ranch by 2027.
Commercial Projects Keep Pacing
The commercial scene is expanding alongside the rooftops. One Oak Development recently purchased around seven vacant acres just east of Ascend Nona West for $8 million. That site has already been approved for 32,250 square feet of commercial space — and early plans suggest that Chick-fil-A and Fifth Third Bank could be among the incoming tenants.
Self-storage is also becoming a common feature of the corridor. Public Storage plans to build a 141,000-square-foot facility south of Integra Towers. M/I Homes is developing a 318-unit townhome community next to a Storage Rentals of America property.
Meanwhile, the Tyson Ranch Planned Development continues to evolve. The 75-acre mixed-use project is set to feature a blend of single-family homes, townhomes, apartments, hotels, and commercial outparcels. Hotel plans already include a 120-room TownePlace Suites and a 130-room Homewood Suites.
Commercial & Residential Boom Continues Near Lake Nona
As for future opportunities, Carter and Dowd still own another 11 acres directly south of the Bennett Place site. While that parcel hasn’t gone through the entitlement process yet, they’re actively seeking a buyer. Based on the surrounding activity, it could very well become another mixed-use site in the near future.
Self-storage is also becoming a common feature of the corridor. Public Storage plans to build a 141,000-square-foot facility south of Integra Towers. M/I Homes is developing a 318-unit townhome community next to a Storage Rentals of America property.
Meanwhile, the Tyson Ranch Planned Development continues to evolve. The 75-acre mixed-use project is set to feature a blend of single-family homes, townhomes, apartments, hotels, and commercial outparcels. Hotel plans already include a 120-room TownePlace Suites and a 130-room Homewood Suites.
Why Boggy Creek Is Booming
The growth along Boggy Creek Road is being driven by a combination of strategic location and smart infrastructure planning. The area sits just minutes from Orlando International Airport and the growing Lake Nona Medical City. The planned Simpson Road extension will further connect the area to Tavistock’s Sunbridge community and tap into Orlando’s Beltway System — significantly improving access and appeal.
Daryl Carter, who has been in the real estate business for nearly four decades, believes the Boggy Creek corridor is entering a transformative era. In his words, “It’s going to be solid development on Boggy Creek Road from the county line all the way up to Medical City and beyond to the airport. And it’s going to be amazing how fast it happens. It’s already happening.”
Frequently Asked Questions About West Fairbanks Development
What is Bennett Place?
Bennett Place is a newly approved mixed-use development planned for Boggy Creek Road. It will feature 350 apartments and approximately four acres of retail space, with construction expected to begin in 2026.
Who is developing Bennett Place?
The project is a partnership between Parkway, Silverpeak, and Everest Equity Group. Parkway has a track record of successful multifamily projects throughout Central Florida, including The Helix in Lake Mary and Skyline at Westfall Station in Clermont.
Where is it located?
The development is located at the northeast corner of Boggy Creek Road and Simpson Road, just south of Orlando International Airport and near Lake Nona Medical City.
What types of amenities will Bennett Place offer?
Residents will enjoy a range of amenities including a clubhouse, pool, gym, simulator room, co-working spaces, a convenience market, landscaped pocket parks, and outdoor seating areas.
What kind of retail space is planned?
Bennett Place will include around four acres of commercial development, featuring three ground lease pads and a 6,000-square-foot retail strip. Jett Development is leading the retail leasing and development efforts.
When will construction begin?
The development team expects vertical construction to begin in March 2026. Building permits for the first phase are currently under review.
Is there more development happening nearby?
Yes, the entire Boggy Creek corridor is booming. Nearby projects include Ascend Nona West, Tapestry Nona, Tyson Ranch PD, and several townhome communities. Commercial projects and hotel developments are also underway in the area.
Will there be future phases?
While Bennett Place is the current focus, the sellers of the land — Daryl Carter and Jim Dowd — also own 11 additional acres directly to the south. That land is being marketed for future development with similar potential for mixed-use plans.
Why is this area experiencing such rapid growth?
Boggy Creek’s proximity to key destinations like Lake Nona, the airport, and future infrastructure projects (such as the Simpson Road extension) make it one of Central Florida’s most attractive corridors for development. Demand for housing and commercial services in the area continues to rise.
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