Lennar Corp. has recently completed its purchase of 34 home lots in Forest Lake, Minnesota for $2.5 million, transacted through its U.S. Home division.
The lots are located in Forest Lake’s Chestnut Creek neighborhood. The builder intends to offer 11 floor plans in the community, ranging in size from 1,900 to 3,057 square feet.
Lennar is currently the #2 builder on Builder Magazine’s BUILDER 100 list, and has been the largest builder in the Twin Cities area for the past decade in terms of construction volume.
Other recent land transactions nearby include the purchase of 21 townhome lots by Woodbridge Homes in Carver County for $950,000.