Bradenton New Homes - Builder has eyes on north Manatee
Builder has eyes on north Manatee
Another 1,757 homes proposed along Interstate 75
DUANE MARSTELLER
Herald Staff Writer
MANATEE - If a St. Petersburg real-estate investment company has its way, more than 4,000 people could settle in the northwest corner of Interstate 75 and Buckeye Road within the next decade.
Lerian Investment Corp. wants to transform nearly 825 acres of citrus groves, pastureland and sod farm into Sweetwater Preserve, a residential community of 1,757 homes, according to plans submitted to Manatee County this week.
The project brings the number of homes planned at the crossroads' corners to nearly 4,000, according to The Herald's development database. Although another developer has scaled back its plans, more homes are on the horizon: Nearby landowners are preparing plans to develop another 2,200 acres of agricultural land.
"It's real simple: Land is available there and people are trying to make a buck," land economist Robert Watts, president of Bradenton-based RealtyRates.com, said of the surge of proposed development in northern Manatee.
Rick Neff, Lerian's president, did not return messages left at his office and on his cell phone Friday. But his company is no stranger to Manatee's housing boom: It's also involved in the Creekside Oaks and River Plantation projects in the Parrish area.
The developers of Sweetwater Preserve want to build 1,051 single-family homes and 706 townhouse units between 2006 and 2012, according to preliminary plans.
The townhomes would be along the west side of I-75 and would not exceed the county's 35-foot height preference. The single-family homes would be toward the central, southern, eastern and northern portions of the project.
See the rest of the article here:
http://www.bradenton.com/mld/bradenton/news/local/12092738.htm
Another 1,757 homes proposed along Interstate 75
DUANE MARSTELLER
Herald Staff Writer
MANATEE - If a St. Petersburg real-estate investment company has its way, more than 4,000 people could settle in the northwest corner of Interstate 75 and Buckeye Road within the next decade.
Lerian Investment Corp. wants to transform nearly 825 acres of citrus groves, pastureland and sod farm into Sweetwater Preserve, a residential community of 1,757 homes, according to plans submitted to Manatee County this week.
The project brings the number of homes planned at the crossroads' corners to nearly 4,000, according to The Herald's development database. Although another developer has scaled back its plans, more homes are on the horizon: Nearby landowners are preparing plans to develop another 2,200 acres of agricultural land.
"It's real simple: Land is available there and people are trying to make a buck," land economist Robert Watts, president of Bradenton-based RealtyRates.com, said of the surge of proposed development in northern Manatee.
Rick Neff, Lerian's president, did not return messages left at his office and on his cell phone Friday. But his company is no stranger to Manatee's housing boom: It's also involved in the Creekside Oaks and River Plantation projects in the Parrish area.
The developers of Sweetwater Preserve want to build 1,051 single-family homes and 706 townhouse units between 2006 and 2012, according to preliminary plans.
The townhomes would be along the west side of I-75 and would not exceed the county's 35-foot height preference. The single-family homes would be toward the central, southern, eastern and northern portions of the project.
See the rest of the article here:
http://www.bradenton.com/mld/bradenton/news/local/12092738.htm
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