10-28-2013 07:44 PM

Construction alert: Homebuilder plans 527-home community in Kissimmee


A new master-planned community with 527 single-family homes is in the works for Kissimmee.




A new 282-acre master-planned community is in the works for Kissimmee.
AV Homes Inc. (Nasdaq: AVHI) announced plans to start work on Waterview, a 282-acre, 527-home master-planned community south of U.S. Highway 17-92 and South Poinciana Boulevard, said a news release. Homes will range from 1,800-3,400 square feet and be priced from the $180,000s. Pre-sales are set to launch in January.
New homes signal an uptick in Central Florida’s housing market, an industry economists consider a bellwether for the region's economic health. While providing more options for new and existing residents in an inventory-starved region, the project also will provide construction, subcontracting and vendor opportunities. Active homebuilders also help eat up existing warehouse and distribution space with building supplies.
See the full AV Homes release.
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