Stellar Communities Announces $72 Million Townhome Development at Former Rockledge Airport

Development planned on 22 acres at 3773 Flypark Drive, near Murrell Road and Barnes Boulevard

BREVARD COUNTY • ROCKLEDGE, FLORIDA – South Florida-based real estate developer Stellar Communities has unveiled plans for a $72 million townhome community at the site of the former Rockledge Airport.

On April 2, the company announced it had acquired 22 acres of land at 3773 Flypark Drive, near Murrell Road and Barnes Boulevard.

According to Brevard County property records, the land was purchased for $3.75 million on February 28 from three separate entities connected to Ronald Mardosa, Daniel Mardosa, and Mike Nuechter.

The privately-owned airport ceased operations in July 2015 after the Florida Department of Transportation shut it down due to ongoing pilot violations, as reported by multiple media sources.

“This is a prime location, offering residents a walkable and convenient lifestyle in a rapidly growing area,” said Larry Baum, Managing Partner at Stellar Communities.

“We’re excited to bring a modern, smart-home townhome community to the Space Coast, emphasizing sustainability and contemporary living.”

Established in 2009, Stellar Communities is a leading real estate development company in South Florida.

“Since our inception, we have had the privilege of helping over 3,500 families move into the next stage of their lives with a new home,” said a company spokesperson.

“We are a full-service real estate development company with a progressive focus on eco-construction initiatives for residential Build-To-Rent & Multifamily communities.

“With a deep-rooted commitment to quality and value, Stellar Communities builds inspiring homes and communities with our resident’s desires, unmatched efficiencies in some of the most highly sought-after coastal, urban, and suburban locations across Florida.”

Features in this new development include:

■ Spacious Floorplans
■ Top Of The Line Appliances
■ Safety and Security Features
■ Quartz Countertops
■ State Of The Art Green Features
■ Poolside BBQ Grills And Pavilion
■ Pet-Friendly Community With Wash Station and Pet Lawn
■ EV Car Charging Stations
■ Secured-Access Building
■ 24-Hour Emergency Maintenance
■ Resident Social Events and Private Social Network
■ Elegant Features and Design

Stellar Communities, which recently broke ground on Havens at Palm Bay Reserve—a 266-home luxury residential project—said that construction on the Rockledge development is expected to begin by the end of June.

John Cooper, Rockledge’s Community Development Director, told the Orlando Business Journal that before the project advances to the city’s planning commission and council, updated site plan approvals are required.

“Developments of this scale take time,” Cooper explained. “There’s significant community involvement, public notifications, and multiple revisions to ensure the plans align with the city’s vision.”

Rockledge, home to roughly 26,000 residents, is witnessing increased development, particularly as Palm Bay experiences a surge in construction. Projects like Ashton Park along Micco Road and Emerald Lakes near the I-95 and St. Johns Heritage Parkway interchange are progressing.

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