Residential builder buys 200 acres from Bradenton for 600-home project

Taylor Morrison of Florida Inc. paid $10.52M for the land near Bradenton's municipal reservoir and water treatment plant

Miami /
Sep.September 02, 2018 03:40 PM

Bradenton sold land near its municipal reservoir and water treatment plant. (Credit: Jones Edmunds)

A residential builder plans 600 homes on a 200-acre site that the city government of Bradenton sold for $10.52 million.

Taylor Morrison of Florida Inc. bought the property near the city’s reservoir and water treatment plant for $52,600 per acre.

In May, the Manatee County Commission narrowly approved the Taylor Morrison’s plan for a 600-home subdivision on the land, including houses, townhouses, villas and condominiums.

Planners have said the Taylor Morrison project  in Bradenton is comparable to its Esplanade development of houses and townhouses in Lakewood Ranch.

The 200-acre Bradenton site, which the city agreed two years ago to sell to Taylor Morrison, is west of Ward Lake, also known as Evers Reservoir. [Sarasota Herald Tribune]Mike Seemuth


Related Articles

arrow_forward_ios
Lennar's Stuart Miller, Rick Beckwitt  with the site (Google Maps; Lennar)
Lennar pays $8M for South Miami-Dade housing community site
Lennar pays $8M for South Miami-Dade housing community site
From left: Jim Cohen, Nancy Corey, Nathan Zeder, Alicia Cervera Lamadrid, Phil Gutman and Mike Pappas (iStock)
South Florida’s pandemic-fueled residential market poised for bull run in 2021
South Florida’s pandemic-fueled residential market poised for bull run in 2021
Kathleen DuRoss Ford and 300 North Lake Way (Getty, Google Maps)
Kate Ford’s Palm Beach estate sells for $55M
Kate Ford’s Palm Beach estate sells for $55M
D.R. Horton CEO David Auld and the Reserve at Jupiter site 
D.R. Horton pays $14M for land in Jupiter and Florida City for two housing projects
D.R. Horton pays $14M for land in Jupiter and Florida City for two housing projects
Jim Carr and Armando Codina with renderings of the homes (CC Homes)
CC Homes pays $12M for Southwest Ranches land for single-family community
CC Homes pays $12M for Southwest Ranches land for single-family community
Lennar Executive Chairman Stuart Miller (iStock)
“The home used to be just shelter. Now it is the hub of our entire lives”: Lennar reports strong Q4, full-year results
“The home used to be just shelter. Now it is the hub of our entire lives”: Lennar reports strong Q4, full-year results
Oprah Winfrey and (inset) Lawrence Stroll over the unit (Getty)
You get a condo! Billionaire Lawrence Stroll sells Oprah’s former Fisher Island penthouse
You get a condo! Billionaire Lawrence Stroll sells Oprah’s former Fisher Island penthouse
Lennar's Stuart Miller and 28600 Southwest 132nd Avenue (Google Maps)
Lennar spends $29M on Homestead mobile home park, plans new community
Lennar spends $29M on Homestead mobile home park, plans new community
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...