Kolter Land Partners buys St. Joe project

DELAND - Kolter Land Partners LLC, a privately-owned land acquisition and development firm based in Palm Beach County, has acquired Victoria Park in DeLand from The St. Joe Company.

The acquisition of Victoria Park includes seven single-family homes and 20 townhomes built by The St. Joe Company, 436 fully developed home sites, 88 partially developed home sites, 1,879 undeveloped home sites on 380 acres, a 2.2-acre commercial site and a Ron Garl-designed golf course with clubhouse and equipment. The purchase price was not disclosed.

Kolter Land Partners LLC is the land acquisition affiliate of The Kolter Group, the West Palm Beach-based real estate development, investment and construction company that is also developing the Central Florida communities of Grande Oaks at Heathrow and Lake Charm in Seminole County and Calabria in West Orange and other projects throughout Florida and the southeastern United States.