Arbor Valley Lake and the surrounding property began to be developed in 2008 during the housing crisis. The development area asked the City to be annexed in and would like a paved entrance.
“As development continues I foresee that at some point the City would hard surface some way out to the development,” said City Administrator Ty Wheeler.
Paula McClaflin was the first resident on Arbor Valley Lake and now new construction has been popping up quickly. Five houses currently stand. Two neighboring houses owned by twin sisters are being build now and they plan to retire there, another house is being build in the area as well.
“It’s nice to see the project up and going,” said McClaflin.
Each lot is sold to an individual so any construction company can be used to build there. There are three phases to the Arbor Valley Project. The residential area on the west side of the lake is currently in phase one. The east side of the lake is phase two and the southern side is phase three.
“It’s beautiful with a walking trail, bat habitat and green aspects. We try to be good stewards,” said McClaflin.
As the area has been annexed in by the City any residential buildings will be a boon for Osceola due to property taxes.