EUSTIS, Fla. (May 22, 2020) – A new 21,000 square foot luxury apartment building will be coming into downtown Eustis soon. On May 21st the Eustis City Commission and Lake Eustis Area Chamber of Commerce helped celebrate the groundbreaking of new construction. The building will be located just northwest of Dewey Street and Magnolia Avenue.
The property, formerly owned by Lake Community Foundation/Lake Eustis Properties was purchased by North Central Place LLC. Grove Park Tower, a five-story, luxury apartment will feature twenty, one-bedroom and one-and-a-half bath units, with in-suite laundry and covered parking.
The new $1.9 million building is consistent with the Downtown Plan, Redevelopment Plan, and Land Development Guidelines that will help generate new taxable revenue for the City. It is expected to be completed in early 2021.