CHAMPIONSGATE, Fla,, Oct. 18, 2016
/PRNewswire/ -- Osceola County,
one of the fastest growing counties in the State of Florida has increasingly benefitted
from development in the Four Corners area and more specifically, in
ChampionsGate: a complete destination community catering to the
needs of both residents and tourists. The hybrid, mega-community is
experiencing explosive growth in the residential, tourist and
commercial sectors. In 2015 the tax value for residential
development in ChampionsGate accounted for more than $500 Million, a growth of 70 percent from tax
year 2007, and when factoring in non-residential development the
total tax value is well over $1
Billion for Osceola County.
Media Resource Center
ChampionsGate features a thriving dining, retail and leisure
tourist market under the leadership of Rida Development Corporation
who led the reshaping of the geographic footprint of the area in
1998 with the formation of the ChampionsGate community development
district (CDD). Initially consisting of 1,400 acres, ChampionsGate
increased its footprint in 2012 through a branding relationship
with Miami-based Lennar Corporation which
incorporated the adjacent property, nearly doubling the size of the
community. Lennar Homes continues to
be the primary driver of community infrastructure for the
development of projects to accommodate the expanding needs of the
community's residents and visitors.
"Collectively, individual
values of closed homes in our best-in-market expansion of
ChampionsGate have boosted the region's economic and social
atmosphere by ensuring positive tax-based contributions – the
pace and volume of these investments are serving to underwrite and
fund new projects all around us, both public and private," says: Brock Nicholas, president of Lennar's
Orlando division
Lennar has nine communities within ChampionsGate, featuring a
variety of single family and Resort Collection® homes offering a
variety of price ranges and floor plans.
- Lennar Resort Collection® communities offering resort-style
living with the comfort and convenience of home include: The
Retreat at ChampionsGate, the ChampionsGate Luxury Resort Townhomes
and the ChampionsGate Luxury Villas.
- The Vistas at ChampionsGate is a collection of three distinct
luxury townhome communities: The Vistas Trails, The Vistas Overlook
and The Vistas Clusters.
- The Estates at ChampionsGate offers NexGen® Living: The Home
Within a Home® - Lennar is the first home builder to offer a home
specifically designed for multigenerational living.
- Every Lennar home features Lennar's Everything's Included® –
all the add-ons and extras a homebuyer could want are included at
the best possible value.
Lennar Corporation, founded in 1954, is headquartered in
Miami, Florida and is one of the
nation's leading builders of quality homes for all generations.
Lennar builds affordable, move-up, and retirement homes in
communities that cater to almost any lifestyle. Listed on the New
York Stock Exchange, the homebuilder has built over 800,000 homes
in more than 50 cities coast to coast. Lennar is one of the largest
homebuilders in the Greater
Orlando area, currently building in over 40 communities in
Orange, Osceola, Brevard, Polk
and Lake Counties. For more
information, visit www.Lennar.com.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/new-home-construction-in-one-of-floridas-fastest-growing-counties-300346062.html
SOURCE Lennar Corporation