Kissimmee’s real estate market is about to welcome one of its most exciting developments yet, Hilliard Isle, a nearly 900-acre master-planned community set along the scenic shores of East Lake Tohopekaliga (East Lake Toho). Years in the making, this project combines residential living, commercial spaces, and waterfront amenities in one thoughtfully designed neighborhood.
Backed by Empresas Fonalledas, Puerto Rico’s largest mall developer, and homebuilding partner Pulte Homes, Hilliard Isle is poised to be a sought-after address for both relocators and investors.
A Vision Decades in the Making
Over the past 20 years, Empresas Fonalledas has invested $70 million assembling the land through its affiliate Plaza Lakes LLC. Now, with Pulte on board since 2022, the vision for Hilliard Isle is moving forward with zoning approvals and a master plan that blends single-family homes, townhomes, and multifamily residences with a lively town center and lakefront marina.
Craig Holland, Kissimmee’s development director, calls Hilliard Isle the city’s “last big undeveloped piece of property”, and for good reason. This easternmost portion of Kissimmee offers easy access to major roadways, shopping, and outdoor recreation, while feeling like a peaceful retreat.
What’s Planned for Hilliard Isle
3,000 residential units: A mix of single-family homes, townhouses, and apartments.
125,000+ sq ft of commercial space: Shops, dining, and services with a vibrant town center feel.
Marina on East Lake Toho: Perfect for boating, fishing, and enjoying Florida’s beautiful sunsets.
NeoTraditional design standards: Walkable streets, community amenities, and distinctive architecture.
Residential Phases & Pulte Homes Designs
Pulte is taking the lead on the residential portion, which will be built in eight phases. The first four phases include 988 homes and townhomes plus a lakefront amenity center.
Phase 1 (expected to break ground in early 2026) will feature:
245 units in total
58 townhomes
62 bungalow homes on 32-foot lots
Front-facing detached homes on 40-foot, 50-foot, and 60-foot lots
This variety ensures options for first-time buyers, growing families, retirees, and investors alike.
The Town Center & Commercial Hub
Empresas Fonalledas will retain ownership of the 67-acre town center site, which has entitlements for 620 multifamily units and 190,000 square feet of commercial use. Plans call for a mix of retail, dining, entertainment, and apartments, creating a walkable, vibrant hub for residents and visitors.
Why Hilliard Isle is a Game-Changer for Kissimmee
With its blend of lakefront living, modern amenities, and a strong community focus, Hilliard Isle is expected to become one of the most desirable places to live in the Orlando area. Its location offers:
Direct access to East Lake Toho for boating and water activities
Proximity to Orlando’s attractions, shopping, and airports
A master-planned layout designed to enhance lifestyle and property values
For investors, this development presents a rare chance to enter at the early stages of a large-scale, highly anticipated project — with strong potential for long-term appreciation.
Thinking About Buying in Hilliard Isle?
As Kissimmee’s real estate market continues to grow, early interest in Hilliard Isle is already building. Whether you’re looking for a primary home, vacation property, or investment opportunity, securing a home in the first phases could be a strategic move.
📞 Contact Michelle Baydemir, Broker - Vacay & Co Real Estate
📧 [email protected] | 📱 321-333-1338
🌐 www.vacayreflorida.com