Connerton is trumpeting evidence of a housing recovery in Florida after selling 70 new homes in the past year, and projecting to do 120 more in 2014.
The reason for its success has come from moves its developer, Hayman Woods, did during the housing crisis, according to a release. And it started with protecting the investments of the 300 families already living there, while at the same time preparing for new buyers.
Among the things the Dallas-based developer did was:
* Pay subsidies to the homeowners association, which allowed club amenities to continue to operate at a high level throughout the downturn.
* Made what it called a substantial investment in the community development district to make sure landscaping, security and infrastructure were maintained.
* Provided incentives to bring quality home builders into the community and restart construction in early 2013. Those companies include Ryland Homes, M/I Homes, Taylor Morrison and Homes by WestBay. There are six furnished models available from these builders.
“The investments we made during the downturn are really paying dividends now,” said John Helton, senior managing director of Hayman Woods, in a release. “While lesser communities struggled and changed course, we believed in preserving the vision and continuing with the quality execution that sets Connerton apart.”
Houses at Connerton are priced between $191,990 and $524,990.
The community is located on U.S. 41 in Land O’ Lakes, and features two miles of nature trails, a 10,000-square-foot clubhouse, and miles of winding roads and walkways.