Florida developer purchases 49 acres near I-94 in Mount Pleasant with plans for condo development

A photo of The Leo at The Sanctuary in Rincon, Georgia, gives a sense of what a similar development might look like in Mount Pleasant (Photo courtesy of Advenir, LLC)

Florida-based developer Advenir Oakley Capital has purchased 49 acres of farmland off Spring Street (Highway C) near Mount Pleasant’s exit to I-94 with plans to construct 370 cottage-like rental condos on the property. The company, which has completed similar developments in the south, bought the land from a California investor late last month for $4.1

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Cara Spoto
Cara covers nonprofits, healthcare and education for BizTimes. Cara lives in Waukesha with her husband, a teenager, a toddler, a dog named Neutron, a bird named Potter, and a lizard named Peyoye. She loves music, food, and comedy, but not necessarily in that order.

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