Sarasota, Florida (PRWEB) March 20, 2013
Taylor Morrison Home Corporation (TMHC), a national homebuilder based in Scottsdale, Arizona, is well en route at further enlarging its footprint in the Southwest Florida, Sarasota Bay Real Estate said. The full service real firm added that the $500-million initial public offering of the shares of stock of the company set this year should further boost its development initiatives not only in the Sunshine State but also across its other markets.
Four Esplanade communities
This spring 2013, TMHC is set to start developing the 152-acre Esplanade at Hacienda Lakes in Naples into a resort lifestyle community. Located just off Collier Blvd., this subdivision will be composed of 443 single family homes and villas. The resort-style facilities planned for this neighborhood include a clubhouse, a swimming pool, walking paths, and a pet park.
Also just this February, Sarasota Bay Real Estate noted that TMHC bought a 1,798-acre property for $32 million in northern Collier County. The homebuilder announced that it will develop this acquisition into the Esplanade Golf and Country Club of Naples to be composed to 1,121single-family home sites in addition to an 18-hole championship golf links. The amenities on the drawing boards for this gated golf community include tennis courts, a swim center, and nature trails.
In Manatee and Sarasota counties, TMHC has also been active in building activities at eight developments including Esplanade Golf and Country Club at Lakewood Ranch and Esplanade by Siesta Key. The amenity-rich Lakewood Ranch golf community is programmed for 1,250 homes. An “active adult community,” this development was actually an expansion from an earlier Esplanade neighborhood composed of 450 single family homes and detached villas priced starting from the low $200s.
Sales began this February at Taylor Morrison’s Esplanade by Siesta Key, another active adult lifestyle community with resort-style facilities. This 77-acre gated neighborhood at Sarasota’s Gulf Gate area is composed of 247 homes, with options on five models at prices starting at the high $200s.
Sales gain boosts expansion interest
THMC is likewise working on the final construction permits for Arbor Lakes at Palmer Ranch. This development, also expected to start this year, is located on a 217-acre site planned for 260 single family homes.
Southern Manatee too has a share in the homebuilding projects of Taylor Morrison. It teamed up with Ryland Homes, also a national homebuilder, for the development of the 38-acre Arbor Reserve in this area. This gated community is composed of just 95 single family homes with lake views and lush natural setting among their prime selling points.
Likewise in Venice, Taylor Morrison has a new community in the 55-acre Verona Reserve composed of villas and single family homes. There are 165 home sites in this development where prices start from the $200s for single family residences and the $180s for the villas.
Judging from these THMC developments, Sarasota Bay Real Estate said, the company appears very much encouraged by its sales in Southwest Florida which rose by 23 percent last year. Other Taylor Morrison territories in the Sunshine State include those in Tampa, Orlando, Jacksonville, and Fort Myers. The company also has operations in Arizona, Colorado, and Texas. It likewise has presence in Canada where it competes under the Monarch banner.
About Sarasota Bay Real Estate
Sarasota Bay Real Estate is a full service real estate brokerage in Sarasota Florida owned by Sarasota real estate broker, Christina Miller, and marketing professional, Roy Hunter. Together they, and their team of well-experienced agents, provide the best-in-class real estate marketing services for the properties in the company’s inventory.
Sarasota Bay Real Estate Internet assets receive more than 1,000 visits from perspective home buyers a day due to the wealth of local community information published by the company. Through a direct feed from the Sarasota MLS, Sarasota Bay Real Estate publishes the most current real estate information on the Internet for the Sarasota, Florida, market.
Contact information for Sarasota Bay Real Estate and all of the current MLS listings of real estate for sale in the Sarasota-manatee area can be found at http://sarasotabayrealestate.com/