Lakewood Ranch, located on Florida’s west coast, led the nation in housing starts for the second quarter of 2019, according to Metrostudy, a leading research and consulting firm specializing in U.S. residential markets. The Ranch’s 1,561 new home starts exceeded those of other top-selling communities in Florida, Texas, Nevada and California.
“With a broad offering of new homes for every stage of your life coupled with a long standing reputation for amenities and lifestyle, Lakewood Ranch became the ‘Most Active Community’ in the United States for new housing starts as of 2Q 2019, surpassing The Villages for top spot,” said Tony Polito, director of the Tampa/Central Florida region of Metrostudy.
Earlier in the month, Lakewood Ranch was named the second fastest-selling community in the nation (first multi-generational community), according to Maryland-based real estate consulting firm RCLCO’s 2019 Mid-Year Ranking.
“Lakewood Ranch’s sales – and subsequent starts success – is a result of its exceptional location, multi-generational approach, and diversity of neighborhoods, as well as an ever-growing list of daily conveniences and social engagement opportunities,” said Laura Cole, senior vice president, LWR Communities, LLC.
Lakewood Ranch is being developed by Schroeder-Manatee Ranch (SMR). Since the early 1900s, the Uihlein family, one of the original owners of the Schlitz Brewery, has owned the 31,000-acre property, with previous ranch activities including cattle ranching and citrus, tree and turf farming, and aggregate mining.
SMR transitioned into community development in February of 1994, and, today Lakewood Ranch is home to more than 15,000 households (including rentals) with an estimated population in excess of 36,000 residents. Last year, 1,482 new homes were sold in Lakewood Ranch, ranking it the country’s best-selling multi-generational community by John Burns Consulting and RCLCO.
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