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Residential
South Florida

Orlando-based builder plans 1,000 homes in Central Florida

Hanover Family Builders expects to build nine residential developments in Lake and Osceola counties over the next two years

Matt Orosz, president of Hanover Family Builders
Matt Orosz, president of Hanover Family Builders

Hanover Family Builders is launching developments in Central Florida where the Orlando-based home builder plans to put up 1,000 houses over the next two years. Hanover, a family-owned business led by president Matt S. Orosz, plans to build nine communities of single-family homes in Osceola and Lake counties.

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The Orosz family has started and sold a series of home-building companies including Royal Oak Homes LLC, which AV Homes, Inc., acquired in 2014 for $65 million. Robert McEwan, first vice president of brokerage firm CBRE, said Hanover  faces larger competitors in Central Florida but sometimes can move faster to take advantage of land-acquisition opportunities. [Orlando Sentinel] – Mike Seemuth