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Pulte buys 724 acres, plans to bring 1,300 homes to Lakewood Ranch


  • By Louis Llovio
  • | 5:45 p.m. November 15, 2023
  • | 2 Free Articles Remaining!
PulteGroup plans a second 55-plus community in Lakewood Ranch.
PulteGroup plans a second 55-plus community in Lakewood Ranch.
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  • Manatee-Sarasota
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PulteGroup has bought 724 acres in Lakewood Ranch and plans to build 1,300 homes on the property.

The builder announced Wednesday it had closed on the Manatee County land and that the homes — and a 15-acre amenities campus — will be part of its second 55 and over Del Webb-branded community.

Pulte did not disclose what it paid for the land. The development will be named Del Webb Catalina.

The development’s main gate will be on Bourneside Boulevard, and there will be other entry points along 44th Avenue East to the north and Rangeland Parkway to the south, Pulte says in a statement. The development will be 6 miles from Interstate 75, 2.3 miles from State Route 70 and two miles from State Route 64.

The land purchase, according to a statement, comes shortly after the homebuilder sold out its other 55-and-over property, Del Webb Lakewood Ranch.

Pulte says Del Webb Catalina will come with three collections of single-family home designs and villas in four-unit buildings.

The single-family homes will have what Pulte calls its GenYou floor plans which was “created and tailored to active adults and their lifestyle.” This floor plan, according to the statement, includes zero-entry showers, widened hallways, open spaces and point-of-use storage as well as options for expanding garages and adding extended lanais, open-air patios and sunrooms.

Along with the homes, the development will have a resort-inspired pool “rivaling favorite holiday retreats,” and a clubhouse with a restaurant and bar.

Atlanta-based Pulte did not say when construction would begin, nor did it disclose home prices were not disclosed. But, according to a website for the Del Webb Lakewood Ranch, prices start at $367,990.

 

author

Louis Llovio

Louis Llovio is the commercial real estate editor at the Business Observer. Before going to work at the Observer, the longtime business writer worked at the Richmond Times-Dispatch, Maryland Daily Record and for the Baltimore Sun Media Group. He lives in Tampa.

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