Lennar is under contract to purchase a 45-acre property in Wildwood. The property is adjacent to the master-planned Twisted Oaks development and next to a pair of upcoming subdivisions from Holiday Builders and LGI Homes. Matthew Gillio of Gillio Development told GrowthSpotter that his company has signed a contract with Lennar for the parcel, which has city approval for a 180-lot subdivision called Matteo Oaks. The Wildwood City Commission has already approved a request to annex the land and change the future land use map designation from agriculture to low-density residential to make way for the development. A site plan prepared by engineering firm Clymer Farner Barley indicates that the typical home lot will be 50 feet by 85 feet.\n\nGillio Development also sold a pair of adjacent parcels last year. Holiday Builders paid $5.7 million for a 70-acre parcel with approvals for a 200-home single-family subdivision called Tillman Oaks, which is set to include 50-foot by 120-foot lots. Homes are currently for sale priced from the $250s to $300s, and will range in size from 1,250 to 2,104 square feet.\n\nMeanwhile, LGI Homes paid Gillio Development $2.8 million for a neighboring 19.8-acre parcel approved for a 128-lot townhome community called Tillman Villas, which will feature 24-foot by 120-foot lots.\n\n\"The Villages is, of course, the main development out there that’s on a constant growth path and attracting people from all over the country to move to Wildwood. In addition, people travel from surrounding counties to come in every day to work in the various industries, as everything is growing there in Wildwood,\" Gallio said.\n\nTwisted Oaks, a nearly 400-acre mixed-use community approved for 735 single-family homes, 248 townhomes, more than 300 apartments, and retail and commercial space, is located across the street. D.R. Horton, Pulte, and Park Square Homes have bought into the project and have already broken ground on some of the homes. Pulte and Park Square Homes are actively selling homes for as low as the upper $200s, and D.R. Horton is selling houses starting in the $230s.\n\nDHI Communities, the multifamily arm of D.R. Horton, has also submitted plans to the City of Wildwood for a 270-unit apartment community on the south side of County Road 462. According to a site plan, the complex would consist of a mix of one-, two-, and three-bedroom apartments in nine residential buildings, along with an amenity area with a clubhouse and a pool.

Lennar is under contract to build a new subdivision in Wildwood

Lennar has signed a contract to purchase a 45-acre property in Wildwood, adjacent to the master-planned Twisted Oaks development. The parcel is approved for a 180-lot subdivision called Matteo Oaks. Gillio Development sold adjacent parcels to Holiday Builders and LGI Homes, with plans for subdivisions like Tillman Oaks and Tillman Villas. Twisted Oaks, a mixed-use community, is being developed by D.R. Horton, Pulte, and Park Square Homes, while DHI Communities plans a 270-unit apartment complex in Wildwood.