Friday, January 17, 2014

Gran Paradiso Springs to Life



Excitement is building (and so are homes!) in Gran Paradiso at the West Villages as National Homebuilder Lennar has begun to work its magic in this community. Virtually a ghost town even just last year, recent events in this area south of Venice presages its great transfiguration underway.  New home building is proceeding for both the many new community members as well as Lennar’s models, which should be open to the public shortly. Though, even without models open, about thirty new homes have already been purchased in the past couple of months.

Really, it is no wonder that this project is beginning to flourish. To open, Lennar began offering low introductory charges for the first resident investors of the available lots and has only slightly increased prices since then. Also, the developer’s combination of under-market association fee rates, resort-style amenities, as well as maintenance-free living, seems to be a winner with current buyers.

With the housing market on a steady pace of recovery, and buyers beginning to feel it, spring in Gran Paradiso at the West Villages promises all kinds of new growth. There will be more new homes breaking ground and showing progress. New members will be joining the community. The community center should also begin new construction, as its turnover finalization is scheduled for the beginning of February (according to Tuesday’s West Villages Improvement District Meeting that I attended), and Lennar estimates center completion at sometime this summer.  I, for one, am enthusiastic to see this neighborhood go from deserted last year to thriving during this one.

(If you want some info prior to now, click to read an article from October 2013 about the opening of the new Gran Paradiso.) 

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