Developer sells 650 lots for northeast Hillsborough community

Tampa real estate firm Eisenhower Property Group has announced plans for Morris Bend, a master-planned community on 398 acres in northeast Hillsborough County.

The project will be in K Bar Ranch, off Morris Bridge Road. Morris Bend, according to a statement from EPG, will feature 471 single-family homes ranging from 50-foot to 60-foot lots, in addition to 188 townhome units. 

EPG has already closed on acquisitions to homebuilders Lennar, Taylor Morrison and Perry Homes for the sites. Lennar, according to an Eisenhower spokesperson, bought 165 50-foot lots, 118 60-foot lots and 188 townhome units. Perry and Taylor Morrison, meanwhile, bought a combined 188 lots, 119 50-foot lots and 69 60-foot lots. The spokesperson, in an email, declined to disclose the sales price.

EPG will also be constructing the final segment of K Bar Ranch Parkway, which will connect with Morris Bridge Road. “Morris Bend represents the next step in our vision to continue to create exceptional communities in Hillsborough County,” EPG President and CEO Jeffery Hills says in the release. 

EPG was founded in 2004 and is now one of Florida’s largest developers, with more than 25,000 residential lots under development across dozens of communities.