Lakewood Ranch Florida And The Housing Market

Hi this is John Buetergerds of the Sarasota Suncoast Team at Keller Williams Realty in Lakewood Ranch. I wanted to share some exciting news about growth here in Lakewood Ranch. There is an article that just came out in the Herald Tribune. It's Lakewood Ranch ready to double residents and businesses. The article states that the number of residents and businesses in the master planned community of Lakewood Ranch are expected to almost double over the next decade. To that end the community straddling Sarasota and Manatee Counties is moving forward with expansions in both northern and southern districts. The most ambitious push by Lakewood Ranch developer Schroeder Manatee Ranch Inc. since the market spiraled into recession some 6 years ago. Growth is already taking shape north of SR70 and with nearly 700 acres of empty cattle pasture that soon should give away several thousand homes, new hotels and a retail outlet that would rival anything now offered in Lakewood Ranch. If it comes to fruition the proposed Lakewood Ranch Center also will add the elements of new urbanism to the community with homes conveniently located within walking distance to work and entertainment. The project dovetailed the new mall called University Town Center, now under construction and housing subdivisions sprouting along Interstate I-75 corridor. Developments that are pushed majority of the regions new projects to the East. The proposed Lakewood Ranch shopping center will be north of SR70, and south of Malachite Dr, between Lakewood Ranch Blvd and Pope Rd. Plans call for 4683 new residences, more than 3 Mil commercial and retail space, and 300 hotel rooms. The project has an estimated completion date of 2026. Coupled with the 4500 additional residential units also planned is part of northwest expansion in Lakewood Ranch. And a push by SMR to build near its southern border in Sarasota County. Lakewood Center could more than double the community's population of about 16,000. Coupled with this and the already growing community this is an amazing time to buy in Sarasota and Lakewood Ranch. If you have the opportunity, give me a call at 941.894.4063 or go to my website at SarasotaSuncoastHomes.com. Thanks so much and Iook forward to sharing more news about Lakewood Ranch in the future. Bye for now.