Parrish Florida Real Estate Growth - Amazon South & Eagle Pointe

Neal Communities Home at Central Park in Lakewood Ranch

The regional housing market of Southwest Florida held up pretty well during the Great American Recession, and now the time has come for it to enter its growth phase.  Housing inventories in some areas are running low and home builders are responding with new residential projects, particularly in Manatee County.

Neal Communities and Homes by Towne are two home builders that will be very busy in 2014.  Between these two developers, nearly 4,000 new residential units will be completed in Manatee County.  Neal Communities, which is based in Lakewood Ranch, is taking advantage of the future Amazon distribution and fulfillment center in Ruskin to develop a massive residential project aptly named The Villages of Amazon South.

With The Villages of Amazon South, Neal Communities is borrowing a page from the Lakewood Ranch development book in the sense that it is already planning to build commercial and office space in the new project.  According to an article by Jason Bartolone of the Bradenton Herald, Neal Communities is looking to attract both baby boomers enjoying their retirement and members of Generation X who are settling down.  To this end, the 2,000 homes at the proposed Villages of Amazon South will be developed in Parrish and would likely be competitively priced.

Josh Salman of the Sarasota Herald-Tribune has also reported on this real estate growth.  In late October, Salman mentioned that national builder Homes by Towne is also planning to develop in Parrish.  The proposed residential project is called Eagle Pointe, and would feature 1,600 residential units that will include single-family homes, apartments and maintenance-free villas.  Homes by Towne is already building new homes in Lakewood Ranch; Eagle Pointe in Parrish is clearly a sign that the developer has expansion and growth in mind.

It’s Official: Amazon Distribution Center Comes to Southwest Florida

The red-hot Southwest Florida regional housing market is about to get even busier with the addition of a major new employer to the area.  Online retail giant Amazon recently confirmed that it will develop a massive distribution and fulfillment center in Ruskin, one of the southernmost communities of the Tampa Bay area.

Ruskin borders Manatee County on the north; in fact, it is located on the banks of the Little Manatee River.  This is great news for jobseekers in Manatee County since they would be able to commute to the new Amazon center via I-75 or the Tamiami Trail.  The Manatee County communities that are closer to Ruskin are Parrish, Ellenton and Palmetto, and these are some of the most promising real estate markets in the region.

According to a recent article by Bill Varian and Susan Thurston of the Tampa Bay Times, the Amazon center was a deal that Hillsborough County commissioners worked quietly and anxiously.  The acquisition of the 80-acre site to be developed was acquired in early October, and it will be the first Amazon distribution center in the Sunshine State.  County commissioners envision about 1,000 jobs created by this project.

The economic impact to Southwest Florida will be significant.  In fact, home builder Neal Communities is already looking into developing almost 2,000 new residential units to accommodate the housing needs of Parrish, one of the communities that will be positively affected by Amazon as a new regional employer.

Gran Paradiso: A New Master-Planned Development in Venice Florida

Gran Paradiso Venice Entrance SignThe master-planned residential developments of Palmer Ranch in Sarasota County and Lakewood Ranch in Manatee County now have company in Venice.  According to Jane Meinhardt of the Tampa Bay Business Journal, renowned national home builder Lennar recently confirmed the acquisition of more than 1,000 acres of prime residential land in Sarasota County.

Gran Paradiso is the name of Southwest Florida’s newest master-planned development, which Miami-based Lennar plans to convert into a massive resort-style community with numerous amenities to compete against the various residential developments being planned along Florida’s Gulf Coast.

This land acquisition by Lennar is one of the most significant in recent years for the Sunshine State.  Gran Paradiso is not a new project; it dates back to 2006 and involves local developers who did not foresee the extent of the housing market crash and its recessionary impact on the Florida economy.  Less than two dozen homes were built until Lennar expressed an interest in the project.  The builder intends to develop Gran Paradiso at a more measured pace, which means that excellent price points will be available to early home buyers.

For Gran Paradiso, Lennar has chosen four collections of single-family residences with diverse floor plans.  The most affordable will be the Twin Villas collection, which features the Magnolia and Orchid floor plans of three bedrooms and two bathrooms.  The most upscale collection is the Estate Homes, which features spacious floor plans up to 3,800 square feet of air-conditioned space.

This master-planned community will include amenities such as swimming pools, spa, tennis courts, playgrounds, nature trails, and more.  Lennar will start offering quick move-in floor plans as early as 2014.

Harbour Isle Project in Manatee County Set to Expand

Mangrove Walk on Harbour Isle - Exterior

Mangrove Walk on Harbour Isle by Minto

One of the most interesting residential development projects in Southwest Florida is getting even more interesting.  In late 2011, Canadian home builder Minto Communities announced its intentions to develop Harbour Isle, a model community on the northernmost barrier island of Manatee County.  According to a recent news article by Charles Schelle of the Bradenton Herald, Minto is expanding Harbour Isle to include another island.

Minto made real estate headlines with Harbour Isle due to the scope of the project and the timing of the announcement.  Very few home builders risked developing new projects at a time when Florida’s housing market was still in the midst of a downturn.  The initial phase of the project sold out quickly as home buyers were impressed by the Key West-style floor plans and interesting amenities such as swimming pools, island trails, a canoe launch, and more.

A later phase of Harbour Isle involved the handsome Mangrove Walk condominium, which presents a cozier and more affordable opportunity for house hunters interested in energy-efficient housing with waterfront views and lots of island appeal.

The latest land acquisition by Minto is on Perico Island, which is the isle located across the Grassy Point Bayou from Anna Maria Island.  Perico Island is a barrier island that beachgoers must cross as they make their way from Bradenton to the Florida Gulf beaches on Manatee Avenue.  Minto has acquired 14.3 acres on this island to complete its grand vision for Harbour Isle: Nearly 700 residences on two islands, a beach club, and a coastal commercial district for residents and visitors to enjoy.

University Town Center Mall Project Makes Significant Progress

In less than 12 months, Lakewood Ranch and University Park residents will enjoy a new upscale shopping center that will host shops such as the Apple Store, Armani, Brooks Brothers, Gucci, Williams-Sonoma, and more.  These are just a sampling of what The Mall at University Town Center has in store for residents of Manatee and Sarasota County.

The response to construction of the University Town Center has been better than expected.  The new mall is attracting anchor retailers such as Macy’s and Saks Fifth Avenue, and more than 700 residential units are being planned for home shoppers who will surely be attracted by amenities such as green areas, a boathouse, a fishing pier, jogging trails, and more.

Home builders are paying close attention not just to the University Town Center but also to other retailers that are planning to set up shop in this area and create a new major retail hub in Southwest Florida.  These home builders are interested in attracting the more than 2,000 employees expected to work at the mall and the nearby office parks.

According to a recent article by Justine Griffin of the Herald-Tribune, even European retailers are now being attracted to Southwest Florida thanks to the attention that The Mall at the University Town Center has created.  Another interesting retailer is the Canadian yoga giant Lululemon, which will be experimenting with its first location inside a Florida mall.

The Apple Store is another confirmed tenant that is experimenting in Southwest Florida.  The last time the personal computing giant opened a location in the Sunshine State was in 2008, one of the worst years for the regional housing markets of Manatee and Sarasota Counties.  In fact, University Town Center is one of the few malls expected to open in the United States in 2014.

Animated Video of the University Town Center Coming Soon to Sarasota

12519 Rockrose Glen Lakewood Ranch Summerfield Home for Sale

Summerfield Home in Lakewood Ranch

Lakewood Ranch Home in Summerfield - MLS # M5841642

This Lakewood Ranch Home has 3 Bedrooms, 2 bathrooms and a 2 car garage.   You will enjoy the privacy of your screened in lanai as you cook out on the grill.  The home has a great indoor/outdoor Florida living space. It is located in Summerfield Strand near Heron's Nest Nature Park.  As you drive in you will feel as if you are in old Florida with the expansive preserved trees, landscaping and multiple lakes on your way home.  You will have a short drive to I75 for a commute to Downtown Sarasota, the beaches of Sarasota County and the shopping area of University Park.

Full MLS Sheet (M5841642) of 12519 Rockrose Glen in Lakewood Ranch Florida.

5773 Aaron Ct, Sarasota Florida Home for Sale - Oak Vistas

Oak Vistas Sarasota Home for Sale

Oak Vistas in Sarasota MLS # M5841283

SOLD!!  Please Go to Our Oak Vistas Page for the Latest Homes for Sale.

Built in 2010, this Sarasota Florida Home has 3 Bedrooms, 2 bathrooms and a 2 car garage.  It is located at Oaks Vistas a new community by DR Horton. Take Cattleman Road to Hagerman, make a left on Old Trenton Lane to Aaron Ct. to get to this beautiful home.  Enjoy the view of the lake as you take a dip in the pool or as you cook at the grill in the lanai.  This home is a short drive to Downtown Sarasota, the beaches of Sarasota County and the shopping area of University Park and Lakewood Ranch.

 

221 111th E St, Bradenton Florida Home for Sale - Gates Creek

Gates Creek in Bradenton FloridaSOLD!! Please Go to Our Gates Creek Page for the Latest Homes for Sale.

This Bradenton Florida Home has 3 Bedrooms, 2.5 bathrooms, a large bonus area upstairs and a 2 car garage.  It is located at Gates Creek which is off Upper Manatee Road.  The fenced in backyard is well landscaped, private and has a gorgeous pond view.  This home is a short drive to Downtown Bradenton, the beaches of Manatee County and the shopping area of University Park and Lakewood Ranch.

 

Tarpon Pointe: A Major Development Planned in Bradenton Florida

The land currently occupied by the Manatee Landings Marina and the Tarpon Pointe Grill and Tiki Bar could be transformed into a major resort and commercial zone in the near future.  Such is the vision of two influential businessmen in Bradenton who have been planning this major development at Tarpon Pointe for over a decade.

The Tarpon Pointe area is located at the eastern end of Bradenton's brand-new Riverwalk, a public interest project that has already boosted property values in the city.  The proposed Tarpon Pointe project will add a 160-room hotel, a new marina with more than 200 boat slips, two restaurants with large seating capacities, retail spaces and a parking garage.

According to an article by Charles Schelle of the Bradenton Herald, the Tarpon Pointe development proposals were even more ambitious in 2006; at that time, the plan called for a ritzy condominium tower, town houses, office space and a marina.  Those plans were shelved when the housing market in Florida and the rest of the country collapsed along with the national economy.

Zoning at Tarpon Pointe changed, and thus the grille and tiki bar were developed after 2009.  The owners are Bruce and Kim Bottorf, who were recently honored by a veterans' organization for their charitable effort to raise funds for Sergeant First Class Aaron Cornellius, a wounded warrior who suffered critical injuries in Iraq.  The Bottorfs and the developers are currently locked in a legal battle that may cause the project to be delayed until 2015, or even later.

Mr. Bottorf is not opposed to developing the area; in fact, he is excited about the prospects of anchoring Tarpon Pointe to Riverwalk. The real estate and economic impact to Bradenton and Manatee County would be greatly positive, and it would strengthen Southwest Florida's image as the 21st century jewel of the Sunshine State.

3511 71st Ave E Sarasota Florida Home for Sale - Cottages at Blu Vista

Cottages at Blu Vista 3511 71st Ave E Sarasota This Sarasota Florida Home has 3 Bedrooms, 2 bathrooms and a 2 car garage.  It is located at The Cottages at Blu Vista which is off of Prospect Road.  You will have your own private, fenced in backyard with a covered screened lanai.  There are sliding glass doors off the family room that allow easy access to the outdoor area.  Interior features include a vaulted ceiling with an open floor plan.  The kitchen offers lots of cabinets, counter space and a breakfast bar.  This home is a short drive to Downtown Sarasota, the beaches of Siesta, Longboat and Lido Key and the shopping area of University Park.

Full MLS Sheet (M5839766) of 3511 71st Avenue E in Sarasota Florida.