Lennar Corp.r(NYSE: LEN and LEN.B) late Wednesday announced plans to develop a new master planned community in Southwestern Florida called WildBlue.
Situated in Southwest Florida in Estero, just north of Naples and south of Ft. Myers, WildBlue is centered on a lake and nestled within lush natural surroundings. The new gated community will mix views with approximately 1,000 homes and luxurious on-site amenities. Home builders currently committed to build at WildBlue include Lennar, Pulte, Stock Development and WCI Communities.
"With its lakefront lifestyle and striking natural landscaping, future WildBlue residents will enjoy the winning combination of new home designs and a thriving, amenity-rich environment," said Darin McMurray, southwest Florida division president for Lennar. "We are excited to make the best use of this beautiful land and to combine Lennar's decades of experience with our other respected builder partners to create an absolutely unparalleled lifestyle for the future residents of WildBlue."
WildBlue will be centered on 872-acres of lakes and 1,329 acres of surrounding preserve land. Together, these provide residents with scenic outlooks and outdoor activities ranging from hiking and bicycling. Proposed amenities include kayaking, boating, paddle boarding and other lagoon activities.
The community is anticipated for 2019. Multiple neighborhoods will provide a range of one- and two-story home designs and the latest home design details to make each residence a personal sanctuary. Lennar will offer homes ranging from 1,800 to 3,800 square feet with prices ranging from $400,000s to $700,000s. WCI will offer homes ranging from 2,000 to 4,000 square feet with prices ranging from $400,000 to over $1 Million. Pulte will offer homes ranging from 1,671 to 3,900 square feet with prices ranging from the $400,000s to over $1 Million. Stock will offer homes ranging from 2,500 to over 4,000 square feet with prices ranging from $600,000s to over $4 million.
WildBlue will be minutes from neighborhood shopping, dining and entertainment, including a full-scale movie theatre and the hundreds of major retailers and restaurants located within Gulf Coast Town Center, Miromar Outlets and the 1.4 million-square-foot Coconut Point Mall.
The community is easily accessible to Interstate 75 and US 41, providing quick connections to Fort Myers and Naples employment corridors, Southwest Florida International Airport, Florida Gulf Coast University, and nearby medical services. They also link residents to nearby, world-class recreational destinations including Florida's famed white sand beaches, championship golf courses and sports attractions such as JetBluePark.