ICI Homes to offer ‘alternative’ to Margaritaville in Daytona

DAYTONA BEACH — Latitude Margaritaville, the Jimmy Buffett active adult community that opened its sales center on Monday, is about to get new neighbors.

ICI Homes, the Volusia-Flagler area’s largest locally based homebuilder, recently agreed to pay $21 million to acquire 1,020 acres of timberland on the south side of Granada Boulevard/State Road 40, roughly 2 1/2 miles west of Interstate 95.

The Daytona Beach-based company intends to build a 2,500-home “full-life community” on the site, the second of two it is planning immediately next to the 6,900-home Latitude Margaritaville.

Already under construction on Latitude Margaritaville’s south border, just west of LPGA Boulevard, is another “full life community” by ICI, the planned 1,200-home Mosaic community, which is set to complete its first homes early next year, possibly as soon as February, said Mori Hosseini, the company’s chairman and CEO.

Mosaic, which is just west of Bayberry Lakes and the Florida Tennis Center, will stretch from Champion Elementary School south to Father Lopez High School.

Unlike Latitude Margaritaville, which is open only to residents age 55 and older, ICI describes its two planned communities as “full life because it includes millennials all the way to retirees,” Hosseini said.

The full life description also refers to the wide array of amenities and activities that Mosaic will offer, including a bandshell for live concerts and special events, resort-style community swimming pools, and a clubhouse and fitness center, he said.

Other planned amenities include a lake with a fishing pier, places to go camping, a “Firefly” campfire and picnic area, a “Tail Waggers” dog park, a community garden, a “Hopscotch” children’s playground, and a network of trails that includes a gazebo/community gathering place at the trailhead.

Hosseini said the yet-to-be-named full life community planned on the south side of State Road 40 will offer amenities similar to Mosaic, but with more time to work on it, he said, “We’re going to take it even further than that. We are looking around the country for some of the newest ideas (to incorporate into the community).”

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