VSI is currently in the design and permitting phase of its next project, the commercial development at Hammock Oaks. The project will consist of a free-standing grocery store and up to 6 outparcels. The development is positioned between two traffic signals, one at CR-466 and Cherry Lake Rd and one at CR-466 and Hammock Oaks Blvd. The project will break ground in Q1 2025 and deliver in Q1 2026.

Hammock Oaks is located in the Town of Lady Lake, Lake County, Florida at the southeast corner of the CR 466 and Cherry Lake Road. The project is less than two miles from The Villages’, a leading master-planned community within central Florida. The residential development covering approximately 732 acres, is situated between County Road (CR) 466 and Lake Ella Road as well as between Cherry Lake Road and Rolling Acres Road. This premier development features approximately 2,500 residential units, including market-rate single family homes, age-restricted single-family homes, townhomes, and multi-family apartments. A network of multi-use trails seamlessly connects residents to nearby commercial areas and abundant internal amenities. Thoughtfully designed to harmonize with the natural landscape, the project embraces the rolling topography while preserving the existing Oak Hammock and significant onsite trees.