City of Ocala and developer of Lake Louise doing a land swap

On Nov. 15 the city of Ocala approved a land swap between the city and Lake Louise, LLC, owned by Developer John Rudnianyin, of approximately .77 acres on the consent agenda.

The reason for the land swap was not discussed. However, the contract between the parties indicated that the city and developer “agreed that the value and usability of both the Lake Louise Parcel and the City Parcel would be enhanced by adding to the City Parcel a portion of the Lake Louise Parcel and adding to the real property owned by Lake Louise to the west of the City Parcel a portion of the City Parcel.”

The developer annexed the property into city limits earlier this year and plans nearly 1,200 units to an 88.73-acre parcel northeast of Southwest Seventh Avenue and Southwest 32nd Street.