July 10, 2019
For more information please contact:
Crystal Pope, (941) 757-1540
LAKEWOOD RANCH REMAINS THE #1 BEST-SELLING
MULTI-GENERATIONAL COMMUNITY IN THE NATION
Lakewood Ranch has been recognized as the second best-selling, master-planned community in the country for mid-year 2019, and first for multi-generational communities, according to Maryland-based real estate consulting firm RCLCO.
Lakewood Ranch maintained its 2018 mid- and year-end position of No. 2 and continues to outpace many other recognizable and well-known communities throughout the country, including those in Arizona, California, Colorado, Nevada, Texas, and even Florida.
The Ranch secured 824 new home sales through the end of June of 2019, putting Lakewood Ranch among the top-selling master-planned communities in the country for eight consecutive years.
Lakewood Ranch’s new home sales success is attributed broadly to favorable market conditions, exceptional location, multi-generational approach, diversity of neighborhoods, and an unbeatable blend of daily conveniences and peak experiences. “Lakewood Ranch has enjoyed sustained growth by maintaining its vision and providing complementary services and amenities in support—and oftentimes in advance–of the growing number of rooftops in the community,“ said Laura Cole, senior vice president for LWR Communities, LLC.
Recently, Lakewood Ranch delivered two new community parks (Bob Gardner Park and Patton Park), added two new shopping centers (The Green at CORE and Publix Shopping Center on Lorraine and University), and added 1.1M square feet of commercial development, which resulted in 222 new businesses and 2,631 additional jobs. The developer, Schroeder-Manatee Ranch (SMR), has enhanced public services in the community by spearheading over 28 miles of road expansions, adding a new police station on SR70, and introducing a new Town Hall for residents (Town Hall North). In addition, existing institutions and business are expanding to accommodate demand. For example, Lakewood Ranch Medical Center is hosting the grand opening of its hospital expansion on July 10th and Dr. Mona Jain Middle School will be opening for the 2019/2020 school year.
Sales in Lakewood Ranch are coming from throughout Florida, including an influx of buyers from Tampa, Orlando, and the state’s east coast. Outside of Florida, The Ranch continues to draw from high tax markets in the Northeast, specifically New York and New Jersey, which account for almost a quarter of all outside new home purchases. There has been growing activity from the Mid-Atlantic, including Washington, D.C., Virginia and Maryland, as well as from California.
RCLCO has been ranking master-planned communities since 1994; for more information, visit www.rclco.com.
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Lakewood Ranch is the 31,000-acre award-winning master-planned community in Sarasota and Manatee counties on the West Coast of Florida. Just minutes from the Gulf Coast beaches and cultural assets in Sarasota, Lakewood Ranch is already home to more than 36,000 residents and features A-rated schools, the Lakewood Ranch Medical Center, the Sarasota Polo Club, the 75-acre Premier Sports Campus, its own Main Street with theaters, shopping and dining, and more than four million square feet of commercial property, including CORE, a life science business campus that focuses on research, health, and education. For more information visit www.lakewoodranch.com.