The quaint community of Celebration is about to grow in a big way.
On Feb. 11, Osceola County commissioners approved the first phase of Island Village, the fifth and final neighborhood of the master-planned community once owned by Disney.
Preliminary site development plans call for 277 single-family homes, a 300-unit apartment complex, 30,000 square feet of commercial space, a community auxiliary and a kindergarten through fifth grade elementary school with a 948-child capacity.
Island Village is the southern-most parcel within Celebration, and until two years ago, was the only property still owned by the Walt Disney Corporation, which originally built the unincorporated town in 1996.
Island Village will also be the largest of Celebration’s five villages, spanning 350 acres, with entitlements for an additional 737 single-family homes and 5 acres of parks and civic spaces.
Four home designs and a townhouse design will be available in Island Village, according to the preliminary subdivision plan.
The new Celebration K-5 school is set to be complete by August 2020, according to county documents. The new school is meant to help with the number of current and future students enrolled at the existing Celebration K-8 school.
There are also plans, if funding is available, to add a new wing to Celebration High School during the 2021-22 academic year to accommodate new residents.
Island Village is the first expansion to Celebration since 2001, when homes from East Village hit the market.
Celebration is in western Osceola County off U.S. Highway 192. The new neighborhood of Island Village will be located east of Interstate 4 and southwest of Celebration High School. It will have easy access to Walt Disney World via the World Drive interchange.
In 2017, Mattamy Homes, North America’s largest privately-owned homebuilder, signed an agreement with The Celebration Company to purchase Island Village. This released the last Disney-owned parcel in Celebration.
Island Village at Celebration is Mattamy Homes’s largest project in Central Florida. Other local projects include Tapestry and Solara Resort.
Work is also getting ready to begin on Celebration Boulevard, extending it by a mile from the high school to the front entrance of Island Village.
On Jan. 14, Mattamy gave a Notice to Proceed to their site contractor, Jr. Davis Construction, to begin construction on the project, which will include roadway and bridge development.
Construction of the Island Village community is anticipated to commence later this year, according to Celebration’s website.
Mattamy Homes will offer a range of new home designs in early 2020, according to the company’s website. Prices are also expected to be released at that time.