Click here to close now.


News Feed Item

Mattamy Homes purchases Lakewood Ranch site for $17 million

Highly successful master-planned community model coming to Southwest Florida

WINTER PARK, FL, Jan.9, 2014 /PRNewswire/ - The Sarasota market will be the site of Mattamy Homes' next exclusive master-planned community in the US – with the company's $17.2 million purchase from Lakewood Ranch developer Schroeder-Manatee Ranch Inc.

The Mattamy model for such "complete communities" has proven highly successful in many signature, sought-after neighborhoods across North America. Mattamy communities are renowned for their integration, as the company is involved in every aspect of community planning, from purchasing the raw land, to planning the streets, to designing the homes to creating park spaces and walking/biking trails and other amenities.

The $17.2 million deal is for some 230 acres within the existing Lakewood Ranch development. Mattamy plans to build 675 homes in its community, a mixture of single-family homes and townhomes. The company expects to break ground on roads and servicing in mid-summer 2014, with the community including model homes opening for sale in spring 2015.  

"This will be an individual Mattamy master-planned community within the larger Lakewood Ranch development – totally Mattamy, from raw dirt to complete community, and we're very proud and excited about that opportunity," says Steve Parker, President of Mattamy's US Group. "Mattamy has a long history of developing large master-planned communities, and we're looking forward to bringing that successful model to life in Sarasota."

Amenities within the community will include a clubhouse and pool, as well as two large parks with a "tot lot", dog park, and walking trails. The property is located conveniently to Interstate-75 (3.5 miles), which provides access to the Bradenton and Sarasota employment centers. More locally, Lakewood Ranch Boulevard provides quick access to nearby retail outlets, services and entertainment.

Lakewood Ranch is currently home to 8,000 households and 18,000 residents. It has four of the newest and best public schools in Manatee County, and about a dozen private schools and pre-schools. The development is home to 100 miles of sidewalks and trails, and hundreds of acres of parks and playgrounds. The community is recognized nationally for its quality planning that makes it a desirable place to live, work, play, shop and learn. Lakewood Ranch is the largest "green" certified community in Florida.

"Mattamy's entry into the Sarasota market is the latest example of our company's commitment to being a major presence in the Florida homebuilding industry, and of our confidence in the future of housing locally," says Ed Suchora, President of Mattamy's newest division, Tampa. "Lakewood Ranch is one of the most highly desirable and fastest-growing communities in the area, with good schools, excellent community appearance and a good track record for sustained values at the core of its appeal. We're so excited that Mattamy is going to be a big part of it."

About Mattamy Homes
Mattamy Homes is Canada's largest new home builder, with operations across Canada and the United States. Mattamy has built more than 60,000 homes in hundreds of communities across North America. In Canada, those communities stretch across the Greater Toronto Area, as well as in Ottawa, Calgary and Edmonton, while in the United States, the company is represented in six metropolitan areas: Minneapolis, Charlotte, Phoenix, Jacksonville, Orlando and Tampa. Visit for more information.

SOURCE Mattamy Homes Limited

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Today’s connected world is moving from devices towards things, what this means is that by using increasingly low cost sensors embedded in devices we can create many new use cases. These span across use cases in cities, vehicles, home, offices, factories, retail environments, worksites, health, logistics, and health. These use cases rely on ubiquitous connectivity and generate massive amounts of data at scale. These technologies enable new business opportunities, ways to optimize and automate, al...
There are so many tools and techniques for data analytics that even for a data scientist the choices, possible systems, and even the types of data can be daunting. In his session at @ThingsExpo, Chris Harrold, Global CTO for Big Data Solutions for EMC Corporation, will show how to perform a simple, but meaningful analysis of social sentiment data using freely available tools that take only minutes to download and install. Participants will get the download information, scripts, and complete en...
Internet of Things (IoT) will be a hybrid ecosystem of diverse devices and sensors collaborating with operational and enterprise systems to create the next big application. In their session at @ThingsExpo, Bramh Gupta, founder and CEO of, and Fred Yatzeck, principal architect leading product development at, discussed how choosing the right middleware and integration strategy from the get-go will enable IoT solution developers to adapt and grow with the industry, while at th...
Manufacturing has widely adopted standardized and automated processes to create designs, build them, and maintain them through their life cycle. However, many modern manufacturing systems go beyond mechanized workflows to introduce empowered workers, flexible collaboration, and rapid iteration. Such behaviors also characterize open source software development and are at the heart of DevOps culture, processes, and tooling.
DevOps is gaining traction in the federal government – and for good reasons. Heightened user expectations are pushing IT organizations to accelerate application development and support more innovation. At the same time, budgetary constraints require that agencies find ways to decrease the cost of developing, maintaining, and running applications. IT now faces a daunting task: do more and react faster than ever before – all with fewer resources.
In his session at DevOps Summit, Bryan Cantrill, CTO at Joyent, will demonstrate a third path: containers on multi-tenant bare metal that maximizes performance, security, and networking connectivity.
The web app is agile. The REST API is agile. The testing and planning are agile. But alas, data infrastructures certainly are not. Once an application matures, changing the shape or indexing scheme of data often forces at best a top down planning exercise and at worst includes schema changes that force downtime. The time has come for a new approach that fundamentally advances the agility of distributed data infrastructures. Come learn about a new solution to the problems faced by software organ...
Any Ops team trying to support a company in today’s cloud-connected world knows that a new way of thinking is required – one just as dramatic than the shift from Ops to DevOps. The diversity of modern operations requires teams to focus their impact on breadth vs. depth. In his session at DevOps Summit, Adam Serediuk, Director of Operations at xMatters, Inc., will discuss the strategic requirements of evolving from Ops to DevOps, and why modern Operations has begun leveraging the “NoOps” approa...
The IoT market is on track to hit $7.1 trillion in 2020. The reality is that only a handful of companies are ready for this massive demand. There are a lot of barriers, paint points, traps, and hidden roadblocks. How can we deal with these issues and challenges? The paradigm has changed. Old-style ad-hoc trial-and-error ways will certainly lead you to the dead end. What is mandatory is an overarching and adaptive approach to effectively handle the rapid changes and exponential growth.
There are many considerations when moving applications from on-premise to cloud. It is critical to understand the benefits and also challenges of this migration. A successful migration will result in lower Total Cost of Ownership, yet offer the same or higher level of robustness. Migration to cloud shifts computing resources from your data center, which can yield significant advantages provided that the cloud vendor an offer enterprise-grade quality for your application.
The last decade was about virtual machines, but the next one is about containers. Containers enable a service to run on any host at any time. Traditional tools are starting to show cracks because they were not designed for this level of application portability. Now is the time to look at new ways to deploy and manage applications at scale. In his session at @DevOpsSummit, Brian “Redbeard” Harrington, a principal architect at CoreOS, will examine how CoreOS helps teams run in production. Attende...
The APN DevOps Competency highlights APN Partners who demonstrate deep capabilities delivering continuous integration, continuous delivery, and configuration management. They help customers transform their business to be more efficient and agile by leveraging the AWS platform and DevOps principles.
As-a-service models offer huge opportunities, but also complicate security. It may seem that the easiest way to migrate to a new architectural model is to let others, experts in their field, do the work. This has given rise to many as-a-service models throughout the industry and across the entire technology stack, from software to infrastructure. While this has unlocked huge opportunities to accelerate the deployment of new capabilities or increase economic efficiencies within an organization, i...
The buzz continues for cloud, data analytics and the Internet of Things (IoT) and their collective impact across all industries. But a new conversation is emerging - how do companies use industry disruption and technology enablers to lead in markets undergoing change, uncertainty and ambiguity? Organizations of all sizes need to evolve and transform, often under massive pressure, as industry lines blur and merge and traditional business models are assaulted and turned upside down. In this new da...
Mobile messaging has been a popular communication channel for more than 20 years. Finnish engineer Matti Makkonen invented the idea for SMS (Short Message Service) in 1984, making his vision a reality on December 3, 1992 by sending the first message ("Happy Christmas") from a PC to a cell phone. Since then, the technology has evolved immensely, from both a technology standpoint, and in our everyday uses for it. Originally used for person-to-person (P2P) communication, i.e., Sally sends a text...