CHAMPIONSGATE, Fla,, Oct. 18, 2016 /PRNewswire/ -- Osceola County, one of the fastest growing counties in the State of Florida has increasingly benefitted from development in the Four Corners area and more specifically, in ChampionsGate: a complete destination community catering to the needs of both residents and tourists. The hybrid, mega-community is experiencing explosive growth in the residential, tourist and commercial sectors. In 2015 the tax value for residential development in ChampionsGate accounted for more than $500 Million, a growth of 70 percent from tax year 2007, and when factoring in non-residential development the total tax value is well over $1 Billion for Osceola County. Media Resource Center
ChampionsGate features a thriving dining, retail and leisure tourist market under the leadership of Rida Development Corporation who led the reshaping of the geographic footprint of the area in 1998 with the formation of the ChampionsGate community development district (CDD). Initially consisting of 1,400 acres, ChampionsGate increased its footprint in 2012 through a branding relationship with Miami-based Lennar Corporation which incorporated the adjacent property, nearly doubling the size of the community. Lennar Homes continues to be the primary driver of community infrastructure for the development of projects to accommodate the expanding needs of the community's residents and visitors.
"Collectively, individual values of closed homes in our best-in-market expansion of ChampionsGate have boosted the region's economic and social atmosphere by ensuring positive tax-based contributions – the pace and volume of these investments are serving to underwrite and fund new projects all around us, both public and private," says: Brock Nicholas, president of Lennar's Orlando division
Lennar has nine communities within ChampionsGate, featuring a variety of single family and Resort Collection® homes offering a variety of price ranges and floor plans.
- Lennar Resort Collection® communities offering resort-style living with the comfort and convenience of home include: The Retreat at ChampionsGate, the ChampionsGate Luxury Resort Townhomes and the ChampionsGate Luxury Villas.
- The Vistas at ChampionsGate is a collection of three distinct luxury townhome communities: The Vistas Trails, The Vistas Overlook and The Vistas Clusters.
- The Estates at ChampionsGate offers NexGen® Living: The Home Within a Home® - Lennar is the first home builder to offer a home specifically designed for multigenerational living.
- Every Lennar home features Lennar's Everything's Included® – all the add-ons and extras a homebuyer could want are included at the best possible value.
Lennar Corporation, founded in 1954, is headquartered in Miami, Florida and is one of the nation's leading builders of quality homes for all generations. Lennar builds affordable, move-up, and retirement homes in communities that cater to almost any lifestyle. Listed on the New York Stock Exchange, the homebuilder has built over 800,000 homes in more than 50 cities coast to coast. Lennar is one of the largest homebuilders in the Greater Orlando area, currently building in over 40 communities in Orange, Osceola, Brevard, Polk and Lake Counties. For more information, visit www.Lennar.com.
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SOURCE Lennar Corporation