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Sarasota News Leader July 19, 2013 Page 28 HUNTER CREEK ESTATES Ranches in Jacksonville; he has the same telephone number as the one listed on the appliAs another sign of the recovering real estate cation. Florida Land & Ranches is a real estate market, the foreclosed Hunter Creek Estates development firm. subdivision appears to have a second life. A The subdivision, with lots ranging from 3 to developer is applying for new approval of 7.5 acres, was originally approved in 2005 as a plans for the equestrian-orientated subdivi- conservation plat. Roads were built and sewer sion at 14567 Fruitville Road because the orig- lines put in, but construction of the subdiviinal permits have expired. sion was halted during the real estate crash. "What I am here today to do is to find out what we need to do to reactivate the approval of this project," Ralph Rhodes, an engineer representing the developer, told county planners at the July 18 Development Review Committee meeting. Under "Owner's Name," the application lists the contract purchaser as Terry Clayton. An Internet search located a Terry Clayton who is the managing partner of Florida Land & "The bank stopped funding," Rhodes said. SunTrust Bank took over ownership of the 330-acre parcel in January from Hunter Creek of Sarasota LLC, according to the Sarasota County Property Appraiser Office records. Sarasota County planners said the developer has to resubmit plans and go through the approval process once again, since so much time has passed since the project originally was given the go-ahead. % U.S. Assets Group III, LLC is requesting to rezone the 9.6-acre parcel at 5005 McIntosh Road from Open Use Estate (OUE-1) to Residential Single Family (RSF-2). Image courtesy Sarasota County

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