Forestar Expands Star Farms at Lakewood Ranch; Creates Largest Village in the Master-Planned Community

SARASOTA, FL, NOVEMBER 21, 2024 – Forestar Group Inc. (“Forestar”), one of the largest single-family residential community developers in the nation, announces the development of Saddlestone ­—

a new neighborhood located within Star Farms at Lakewood Ranch. Saddlestone adds more than 570 acres and 1,300 homesites to Star Farms. With this new addition, Star Farms encompasses nearly 1,300 acres and 2,800 lots and establishes the community as the largest in Lakewood Ranch. Adjacent to Bourneside Boulevard and 44^th Avenue East, the first phase of Saddlestone includes 300 homesites nestled along environmental features.

Groundbreaking attendees included Forestar team members: Tony Squitieri, West Florida Region Vice President; Ted Gadoury, Land Development Amenity Manager; John Barnott, Investments and Development Director; Christian Cotter, Region Director of Resort Hospitality; and Evan DeHart, Land Development Manager.

According to Squitieri, a shared commitment to excellence has driven the growth of Star Farms. “Lakewood Ranch chose us to develop this area because of the success of Star Farms. They thought we were the best fit to overcome the challenges,” he said. “Star Farms could not have become the largest master-planned community within Lakewood Ranch without our featured builders, and we look forward to sharing our vision in more detail as our design progresses.”

Surrounded by the natural beauty of Southwest Florida, this multi-generational lifestyle community offers a unique experience.

“We have designed, in an innovative way, a multi-generational community by creating a hometown that connects and inspires,” Squitieri said. “I credit our onsite hospitality team with shaping this lifestyle for our families.”

According to the Lakewood Ranch sales and marketing team, this tailored approach and product mix attracts homebuyers.

“Star Farms has become a favorite village in Lakewood Ranch thanks to its wide variety of home types, price points and exceptional amenities,” said Sandy Shahinian, Vice President of Sales and Marketing for Lakewood Ranch Communities. “We are thrilled to see this community continue to thrive with the introduction of additional phases, providing even more opportunities for buyers to make Star Farms at Lakewood Ranch their home.”

Whether exploring new adventures, discovering new passions, meeting new neighbors or finding new ways to connect with nature, Star Farms at Lakewood Ranch is an extraordinary place to call home.

Visit www.starfarmslwr.com and join the VIP Club for the latest information.

About Lakewood Ranch

Lakewood Ranch is the 33,000+-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 72,000 residents and features top-rated schools, the Lakewood Ranch Medical Center, the Sarasota Polo Club, the 75-acre Premier Sports Campus, and three town centers that include theaters, shopping and dining. For more information visit www.lakewoodranch.com.

About Forestar Group Inc.

Forestar Group Inc. is a residential lot development company with operations in 59 markets and 24 states. Based in Arlington, Texas, the Company delivered more than 15,000 residential lots during the twelve-month period ended September 30, 2024. Forestar is a majority-owned subsidiary of D.R. Horton, Inc., the largest homebuilder by volume in the United States since 2002. For more information, visit www.forestar.com. Community pricing, features, terms, availability and amenities are subject to change at any time without notice or obligation.