Florida scores big sales in master-planned communities

From Polk County to south Sarasota, the region is well represented in the fast-growing housing segment.

By Business Observer Staff
| 10:29 a.m. January 6, 2019
| 0 Free Articles Remaining!

A rendering of Waterside Place, a future community in Lakewood Ranch, the No. 2 selling master-planned communities in the country.

News

Master-planned communities are one of the biggest trends in homebuilding going into 2019, and Florida is a national leader in the category, according to a new report.

The Sunshine State scored 11 master-planned communities in the John Burns Real Estate Consulting annual Top 50 largest nationwide master-planned communities list, released in early January. Ranked by total sales, four of the top seven on the list are in Florida, and two of those are on the west coast: Schroeder-Manatee Ranch’s Lakewood Ranch, in Manatee and Sarasota counties, and the West Villages, in south Sarasota County. Lakewood Ranch, with 1,482 sales in 2018, ranked No. 2, while the West Villages, with 1,108 sales, ranked No. 4. Both communities moved up one spot from the 2017 rankings.