National Homebuilder to Begin New Construction in World Golf Village

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Real estate market recovery continues in Florida golf community with new construction & more home closings

golf community, new construction, home site

The Kingfisher floor plan for new construction in GroveWood

National homebuilder Standard Pacific Homes finalized its purchase of 16 homesites in the neighborhood of GroveWood in World Golf Village in November 2011. Standard Pacific Homes is expected to break ground soon on spec homes in the family-favorite neighborhood. The company is offering four floor plans, ranging from about 2,500 to 3,500 square feet. Pricing will start in the high $200,000's. An extensive list of upgrades will come standard with the new homes.

Nestled deep within the premier King & Bear in The Neighborhoods of World Golf Village, GroveWood is a charming family community shaded by ancient oak trees. The location affords families the best of both worlds: close proximity to the business centers of Jacksonville, the beautiful beaches of north Florida and the historic attractions of St. Augustine all from a close-knit, safe community buzzing with kids on bikes, dogs on leashes and neighbors on golf carts. Residents are also drawn to GroveWood for its access to the A-rated St. Johns County school system and the wealth of amenities offered within the gates of World Golf Village – from its premier golf courses to the World Golf Village IMAX theater.

The recent purchase by Standard Pacific Homes further supports the trend of a real estate recovery in the Jacksonville and St. Augustine area. A recent article in Builder Magazine put Jacksonville at number 4 out of 8 cities countrywide with the healthiest housing markets of 2012. The annual list factors in housing projections based on projected price appreciation, population growth, income growth and improving employment picture. According to the article, “Jacksonville has a strengthening employment picture... Employment is expected to increase 3.2 percent in 2012. With stabilizing home prices already, prices are expected to rise 5 percent next year and housing permits are expected to double.”

About The Neighborhoods of World Golf Village
The Neighborhoods of World Golf Village is Northeast Florida's first choice for gracious living. Conveniently situated between Jacksonville and St. Augustine, the master-planned community offers a variety of distinctive neighborhoods from gated, custom estate homes and resort condominiums, to stylish coach homes and affordable single-family homes priced from the $200,000s to $2 million. In addition to its world-renowned championship golf, the community is home to the acclaimed World Golf Hall of Fame and IMAX® Theater. Other top-shelf amenities include a year-round heated Junior Olympic-sized swimming pool, lighted tennis courts, playground, fitness center, and clubhouse. Dotted with parks and walking paths, the Neighborhoods of World Golf Village is popular with nature lovers. Restaurants, shops and daily necessities such as a Publix grocery store are conveniently located. For more information about The Neighborhoods of World Golf Village, visit http://www.worldgolfrealestate.com, Fan them on Facebook at http://www.Facebook.com/WorldGolfVillage or Follow them on Twitter at http://www.Twitter.com/WorldGolfVillag.

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