Dream Finders Homes enters Clermont market, plans to take over lots in new Hartwood Marsh Road subdivision
Dream Finders Homes is planning to build its first single-family home community in Clermont.
Developer pays $5.5M in initial takedown for Osceola Village Center
Developer Richard Wohlfarth closed this week on the first of two takedowns for the 163-acre Osceola Village Center mixed-use project just south of downtown Kissimmeee.
Jacksonville-based homebuilder prepares to take down lots in Horizon West
Jacksonville-based Dream Finders Homes is under contract to buy and develop more land in Horizon West.
Richard Jerman, Sun Terra Communities
As principal of Sun Terra Communities, Richard Jerman has pulled off some of Central Florida's biggest land deals, including the $70 million Hills of Minneola.(Handout) Richard Jerman describes himself and his partners as “opportunity seekers.”
Sun Terra snags land in Horizon West Town Center for $42M
Oviedo-based developer Sun Terra Communities paid nearly $42 million this week for 534 acres in the Horizon West Town Center.(Handout) Sun Terra Communities has closed another blockbuster land deal, this time in the highly desirable Horizon West submarket.
Sun Terra buys Hills of Minneola for $70M+, plans construction this year
Sun Terra Communities will be seeking modifications to the Hills of Minneola PUD. The revised concept shifts all of the industrial and research park uses (pink) to the northwest quadrant of the Florida Turnpike interchange. The proposed medical campus and K-8 school sites have also be relocated.(Sun Terra Communities)
CalAtlantic and Pulte buy out next phase of Whaley’s Creek in St. Cloud
Sun Terra Communities sold Phase 3 (gold) of Whaley's Creek last week to Pulte Homes and CalAtlantic Group. The 499-home subdivision in St. Cloud also includes an 11-acre commercial tract on Canoe Creek Road.(Sun Terra Communities)
Sun Terra sells off Harmony East land to Deseret Ranch for $9.9M
The Mormon Church's land company paid $9.9 million last week to buy more than 4,300 acres (in white) adjacent to Deseret Ranch in Osceola County. The land was slated to be the final phase of the Harmony master-planned community and was entitled for more than 3,500 homes.(Osceola County Property Appraiser)
Sun Terra buys balance of Starwood’s 11,000-acre Harmony project for $24M
Harmony encompasses 11,000 acres, including two private lakes, an established network of parks and trails, and a golf course.(handout) Oviedo-based Sun Terra Communities will take over as master developer of Harmony -- a neo-traditional golf course community spanning 11,000 acres on Osceola County's E192 corridor -- after buying all of the remaining assets from Starwood Land Ventures.
Meritage pursues site work start on South Seminole’s former ‘San Pedro’ property
These two parcels totaling nearly 270 acres north of Howell Branch Road are to be developed with 695 homes by Meritage Homes, along with 6.82 acres of commercial space.(provided) Meritage Homes will begin work later this year on a 695-home subdivision in South Seminole County, with an initial phase of homes hitting the market in mid-2018.
