Minto communities announces purchase of 3,800 acres to develop a master planned community in Palm Beach County Florida this year.
Minto will bring consumer services, recreational amenities, office space and related jobs adjacent to the area known as The Acreage in Palm Beach County, Florida.
Loxahatchee, FL (Sept. 30, 2013) – Minto Communities Florida, the developer who created Olympia in Wellington, Madison Green and Portosol in Royal Palm Beach, has announced the purchase of a 3,800-acre property formerly known as the Callery-Judge Grove in western Palm Beach County. Minto, one of North America’s preeminent builders, will seek a comprehensive land plan change to increase the overall density to 1.7 residences per acre. Plans call for employment centers for office space, aerospace/technology research and development, retail, and 6,500 residences as well as a baseball spring training facility with a150-room hotel.
This purchase marks the fifth new Minto community acquisition in the Florida market this year and is an important element of Minto’s strategic growth plan. “Minto’s proven experience and financial strength are great assets in creating a well-designed, sustainable master planned community that will drive responsible economic and residential growth,” explained Michael Belmont, president of Minto Communities Florida.
Minto’s vision for this community is to invigorate the entire area while complementing the surrounding environment. Future residents will enjoy outstanding amenities and a variety of lifestyle choices all located within a short distance of Palm Beach County’s renowned shopping, dining, entertainment and cultural experiences.
“The plans for this community will include a wide array of amenities and a variety of home styles with innovative floorplans and designs. Much of the development will be dedicated to lakes, natural preserve areas and miles of natural hiking, biking and walking trails,” explained John Carter, vice president of Minto Communities.
Minto is currently developing and building in Naples, Tampa Bay, Orlando, the Palm Beaches and southeast Florida. Minto has earned multiple customer satisfaction and most preferred builder awards, including a first place in the Highest Percentage of Sales From Referrals – High Volume Builder’s Category – in Eliant’s 2012 Homebuyer’s Choice Awards.
About Minto Communities
Founded in 1955, Minto is a family-owned business that has grown into one of North America’s preeminent builders, with more than 70,000 homes built, including 20,000 in Florida. Minto creates a wide array of award-winning new homes and resort-style master-planned communities to meet every lifestyle. The company has earned national awards and recognition that include number one ranking by Eliant Homebuyer Choice Awards for percent of sales from referrals, among others. For information, visit mintofla.com.
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Michael Belmont, President
John Carter, Vice President
Minto Communities Florida