Tampa-based Minto Communities has announced plans for three new communities in Florida that will expand the company into new markets with 17,900 new lots and 4.2 million square feet of commercial space. The new communities are located in Naples, Daytona Beach, and Palm Beach.
Minto, No. 56 on this year's Builder 100 list, has a long history in Florida. Over the past 35 years, Minto has built more than 25,000 new homes in 44 communities throughout the state. “Minto is committed to Florida which is evidenced by our long positions,” notes senior vice president William Bullock.
The new projects are:
--Rural Lands West near Naples, which includes 10,000 lots and 2 million square feet of commercial space. Minto’s first phase of this community will be an age-restricted 55+ neighborhood with 4,000 homes, a golf course, parks and a town center with commercial, retail, entertainment and dining. The golf cart-friendly community will have miles of trailways and kayakways, the firm says.
--a resort-style 55+ community in Daytona Beach that will offer 3,400 residences and 215,000 square feet of neighborhood commercial space, along with an array of amenities. The golf cart-friendly community will include a private Beach Club for homeowners and guests. With a prime location in Daytona, the community is in close proximity to world-famous beaches, championship golf at LPGA International, Daytona International Speedway, the new Daytona One entertainment, dining and shopping destination, and new Tanger Outlets with more than 80 retailers.
--Westlake, Minto’s new community located in western Palm Beach County, which is approved for 4,500 homes and 2 million square feet of commercial space. This 3,800-acre community will feature a town center with shops, restaurants, entertainment, professional offices and recreational amenities. The community includes more than 2,000 acres of lakes, trails and open spaces. Plans call for employment centers, college campus and medical facilities, according to the firm.
The company also recently completed its third phase of The Isles of Collier Preserve in Naples. “The Isles is off to a great start. With more than 1,300 lots still remaining to be developed we look forward to a great future,” adds Bullock. Based on customer feedback reflecting a desire for larger homes, Minto recently announced Stock Signature Homes as a builder at The Isles of Collier Preserve. Stock will offer home plans on 90-foot wide lots that are in keeping with the contemporary coastal style of the existing community.