News

DeBary Groundbreaking in the News!

February, 2024

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DeBary breaks ground on new Main Street district!

Orlando Sentinel

Construction of DeBary’s downtown launches with housing, shopping ahead

The Daytona Beach NEWS-JOURNAL

City of DeBary Announces “Perfect Partnership”!

July 3, 2023

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On June 30, 2023, St. Petersburg-based Mosaic Development, LLC, closed on the first of a two-phase purchase of land in DeBary, FL. The parcels – located west of U.S. Highway 17-92, north of Fort Florida Road, and just north of the city’s SunRail station – are zoned as a transit-oriented development district (TOD). Phase two, consisting of another 5.69 acres, is under contract with Mosaic to be purchased within three years.

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Colliers has been working two-and-a-half years on this project, which involved bringing the private landowners into a joint marketing agreement with the city to sell the adjacent parcels for a larger, transformative development.

Mosaic’s mixed-use development plan for the TOD aligns with the city’s vision of creating a 470 one and two bedroom apartment units, 40,000 square feet of retail space, a central park and community plaza, which will serve as an outdoor gathering space.

“I envision a main street that serves as the vibrant heart of our community—a place where neighbors gather, businesses thrive and the spirit of our town comes alive,” said DeBary Mayor Karen Chasez. “Our Main Street concept allows us to adhere to property rights statutes while bringing assets to our community.”

Ken Krasnow, Brooke Mosier, and David Calcanis of Colliers represented the sellers, The City of DeBary, and private owners Miller Land Trust, Ray Sands/Frank Slabodnik, Empire Cattle, and DeBary Central LLC, in the transaction. Casey Babb, CCIM, of Colliers represented Mosaic.

“On behalf of the City of DeBary, I would like to thank Mosaic and Colliers for helping us to achieve our goals. Mosaic embraced our vision for a community downtown and is integrating all the things that make DeBary a wonderful place to live, work and play. We look forward to working with them as we weave a tapestry of commerce, culture, and connection for generations to come.”

Mosaic also developed a mixed-use project near Kissimmee’s SunRail station that was completed in the first quarter of this year.

“Mosaic was the perfect partner for the City of DeBary for this project because they could offer experience and expertise in both residential and commercial development, as well as over $1 billion in public-private partnerships and TODs,” said Krasnow, Vice Chair of Institutional Investor Services at Colliers.

Mosaic plans to break ground on the $250 million DeBary development in early 2024.

The planned development in DeBary, which is 23 miles north of downtown Orlando, matches a trend of transit-oriented development along the SunRail route. Similar developments have sprung up elsewhere along the route in towns such as Kissimmee, Winter Park, Longwood, and Lake Mary.

“The city’s plans for this TOD have been a decade in the making,” said Krasnow. “DeBary is among the trendsetters that are creating livable, shoppable, and walkable areas near SunRail stations. This is a unique example of a public-private collaboration to develop an area of a city in a truly transformational way.”

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Exciting Progress at Toho Apartments!

September 17, 2021

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First Aerial Images of Toho Apartments!

June 28, 2021

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Concrete Being Poured at Toho Apartments!

March 20, 2021

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Toho Square Receives Special Recognition from DBIA

Mosaic Development is pleased to announce that our development project, the Toho Square Municipal Parking Garage, has been recognized by the Florida Chapter of Design Build Institute of America. This unique parking solution was crafted specifically to blend into the fabric of historic Kissimmee, Florida. The design reinforces our Design/Build Team’s hard work to step beyond the classic spandrel and beam solutions. The project reflects a new interest in the market for parking solutions that coexist vs collide with the surrounding neighboring properties. R.R. Simmons provided this turnkey design and construction solution for Mosaic Development and the City of Kissimmee.

Exciting Progress with Earth Tech!

April 30, 2020

Exclusive: New apartments in St. Pete’s historic Kenwood
land construction loan

April 8, 2020

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Goodbye Suntrust! Hello Gallery 3100!

February 10, 2020

Demolition of the SunTrust Bank building commenced last week to make way for Gallery 3100, St. Petersburg’s newest class “A” multifamily project. Gallery 3100 is located at 31^st Street and Central Avenue in Downtown St. Petersburg.

The development is planned to be a four-story building with integrated structured parking, co work, fitness, luxury pool and other amenities. Mosaic Development is the developer and Incore Residential is the property management company. The $27 million project is funded by Synovus Bank. The multifamily units should be completed by April/May 2021.