Arbor Grande will be the builder's entry in Lakewood Ranch community
LAKEWOOD RANCH -- A national homebuilder developing its first subdivision in Lakewood Ranch is starting with 305 homes in the northernmost reaches of the 50-square-mile community.
Arbor Grande will be a gated neighborhood built on 114 acres Standard Pacific Homes of Irvine, Calif., purchased from Schroeder-Manatee Ranch in December. SMR is the master developer of Lakewood Ranch.
A final site plan for the community is awaiting signoff from Manatee County. Fred Goodrich, a development review specialist for the county, said as soon as that plan gets its final approval, Standard Pacific will be able to file its final plat for the neighborhood. Once the plat gets the county's blessing, the builder will be able to begin selling homes and building lots. The Lakewood Ranch site is a geographical departure for Standard Pacific in Florida. The majority of the subdivisions it has built in the state are in or near Tampa, Orlando, Miami and in the Fort Myers-Naples area.
Standard Pacific gained entry to Lakewood Ranch in December when the company purchased acreage from SMR for $6.3 million. Located on White Eagle Boulevard, Arbor Grande sits next to SMR-owned property, a commercial park and Eagle Trace, a subdivision developed by Lakewood Ranch-based homebuilder Neal Communities. Neal is also building its Indigo subdivision just south of Arbor Grande.
At the time of the land purchase, Dave Bulluch, president of Standard Pacific's Tampa division, said his company planned to build three neighborhoods on its new property.
According to the site plan, building lots in Arbor Grande will be arranged along several serpentine roads and cul-de-sacs. Primary access to the community will be from White Eagle Boulevard.
A Standard Pacific spokeswoman contacted Monday about the subdivision was unable to provide additional details about the development, such as lot and home pricing.
In the Tampa market, Standard Pacific sells homes ranging between $250,000 and $520,000, according to its website.
Matt M. Johnson, Herald business reporter, can be reached at 941-745-7027, or on Twitter@MattAtBradenton.