At a Glance

Curious to know who's got the biggest builders on the run in some of the most attractive markets? Check this one out.

1 MIN READ
  • The 25-year-old, employee-owned company builds active adult communities, priced from $250,000 to the high $400,000s near Orlando, Fla.
  • Pringle buyers have flexibility in choosing a home. They can opt for a fast delivery or wait up to two years to build after choosing a lot.
  • The company has a two-year backlog after selling a record 965 homes last year. In 2006, sales are expected to be in the 300 to 400 range, because of a slowing market and building delays.
  • Bottom Line President and CEO Alan Parrow is thinking of expanding the builder’s niche market, from active adult into starter homes and some commercial development. Geographical diversity also is under consideration beyond the one inland Florida county where Pringle has always built to coastal Florida. Georgia and Texas are under consideration as well. “We are not rushing into anything,” says Parrow. “We don’t need to move quickly.”

    Eclipse at Center Park

    PRINGLE DEVELOPMENT 2801 South Bay St.

    Eustis, FL 32726

    Phone: 352.483.8000

    Fax: 352.483.8001

    www.pringle.com

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