LAKEWOOD RANCH - For the second year in a row, Lakewood Ranch has been recognized as one of the top 10 best-selling, master-planned communities in the country.
Both California-based John Burns Consulting and Maryland-based RCLCO have ranked Lakewood Ranch as one of the top-selling master-planned communities in the United States.
Coming in at No. 8 in one survey and No. 9 in the other, Lakewood Ranch outpaced many other recognizable and well-known communities in Colorado, Nevada, Washington, D.C., Texas and Florida.
Rex Jensen, president and CEO of Schroeder-Manatee Ranch, Inc., the developer of Lakewood Ranch, credits the widely varied offerings of the community with its continued growth. “With the success of our commercial properties, our Main Street shopping area, the Premier Sports Campus and Sarasota Polo Club, it’s clear that Lakewood Ranch continues to be the premier new-home destination on Florida’s West Coast,” said Jensen. “That is definitely translating into more visitors, which in turn means more sales.”
There were, in fact, more than 30,000 visits to the Ranch’s information centers and models in 2012, which translated into 573 new home sales, up from 391 in 2011 – an increase of 182 units, or a 47% increase year-over-year.
Also, in January of 2012, the newest apartment project (Lost Creek Apartments, with 272 units) began leasing and obtained 100% occupancy in just less than eight months – more than 2,000 people moved to Lakewood Ranch in 2012!
This is the third year that John Burns Real Estate Consulting has ranked top-selling U.S. master plans; for more information visit www.realestateconsulting.com. RCLCO has been ranking master-planned communities since 1994; for more information, visit www.rclco.com.