Loading
BABCOCK RANCH — Babcock Ranch, a solar-powered master-planned community in Charlotte and Lee counties, has passed a new milestone in home sales, with more than 1,000 closings.
The community, according to a statement, now has 1,386 home sales and 1,027 closings. The surge has been fueled by 342 home sales year-to-date, the release adds. Located just northeast of Fort Myers on Babcock Ranch Road/State Road 31, the community began marketing new homes in 2017, with the first residents moving into the town in January 2018.
“Achieving these sales milestones month after month – and sometimes week by week – is an incredible testament to the homes and lifestyle of Babcock Ranch,” Syd Kitson, chairman and CEO of Kitson & Partners, says in a the statement.
Encompassing 18,000 acres, with 19,500 planned residences and 6,000,000 square feet of commercial space, Babcock Ranch is billed as the first solar-powered town in the country. It’s ranked No. 34 on both RCLCO Real Estate Advisors’ and John Burns Real Estate Consulting’s 2020 list of the country’s 50 top-selling master-planned communities.
Construction is nearing completion at Crescent B Commons, the 82,640-square-foot Publix-anchored shopping center at a new entrance to Babcock Ranch about one mile south of the signature Babcock Ranch bridge. “With homes that fit every lifestyle, along with new neighborhoods and Crescent B Commons opening soon, Babcock Ranch continues to fulfill our vision of a vibrant new hometown that’s full of possibilities,” Kitson says. “Whether you’re raising a family or enjoying an active retirement, you’ll find everything you need to stay healthy, active and connected.”
Babcock Ranch offers homes from seven homebuilders in seven neighborhoods.
Your free article limit has been reached this month.
Subscribe now for unlimited digital access to our award-winning business news.
Join thousands of executives who rely on us for insights spanning Tampa Bay to Naples.
