Westlake Hits Major Milestone With 1,000 Homes Sold

CITY OF WESTLAKE, FL (March 8, 2021)  — While in the midst of one of the hottest residential real estate markets in years, Minto Communities USA is announcing a significant milestone at Westlake, its flagship community in Central Palm Beach County: Welcoming its 1,000th buyer. The 3,580 square-foot Laurel Grand model with five bedrooms and four baths, was purchased in the Groves neighborhood by Ivan and Fabi Martins, who currently reside in nearby Loxahatchee with their son and daughter.

"We love living in this part of Palm Beach County but really felt the time was right to move our family into something new," said Fabi Martins. "At Westlake, are not only getting a lot of home for our money, but we’ll be able to make new friends and enjoy the amazing amenities at the Westlake Adventure Park. It's the sense of community and lifestyle that sold us."

For Minto, the 1,000 home-sale milestone was achieved faster than projected due in large part to the current climate, which has fueled an insatiable demand for new single-family home communities that offer an outdoor Florida lifestyle in less densely populated areas.

"We are thrilled at the success we are experiencing at Westlake," said John Carter, vice president of Minto Communities USA. "People see the value, quality and lifestyle that we are offering and want to be part of it. They also love the idea of being a pioneer in a brand-new city from the very start."

Westlake opened for sales in October of 2017. By early 2021, Minto had sold out its first two neighborhoods, The Hammocks and The Meadows, and is on the cusp of selling out its third, The Groves, with 424 single-family homesites. Prices start in the low $300s to $500s. Minto's sales at Westlake in 2020 totaled 491, a 227% increase over 2019. Three more Minto neighborhoods are scheduled to begin sales and construction during 2021.

In 2020, the City of Westlake was the busiest municipality in Palm Beach County when it came to home building. The city was issued 377 single-family permits, more than any of the other 38 cities in the county. Westlake received nearly a fourth of all new-home permits in the county with a construction value of over $84 million.

A portion of that construction volume is attributed to two other builders that acquired land for their own neighborhoods in Westlake – Sky Cove from Label & Company and Cresswind from Kolter. The 1,000-home milestone is specific to Minto-built homes at Westlake.

Westlake also made strong showings this year on two prestigious national lists that showcase the best-performing master-planned communities in the U.S. Westlake ranks 17th on RCLCO's Top 50 Master Planned Communities for 2020, and John Burns Real Estate Consulting listed Westlake as 19 out of 50 communities on its 2020 rankings. Rankings are based on year-over-year sales of new homes, along with several other factors.

"Our growing success is in great part attributable to our team of dedicated and seasoned professionals who share Minto's commitment to providing an outstanding customer experience while meeting and surpassing the expectations of our home buyers," Carter said.

In June 2019, Minto opened the first phase of its $15 million amenities center. The Westlake Adventure Park includes a resort-style lagoon pool with water slide, a kids' interactive splash pad, and poolside concessions. An expansive recreational lawn features a covered concert pavilion and grassy area for events, along with shade pavilions, grills and picnic area, BMX pump park, playground, bocce ball courts and a dog park. Phase 2, which will include basketball courts, an adult lap pool and a multi-purpose building, is expected to start construction later this year.

In addition to the strong residential sales, commercial development continues to gain traction in Westlake. Most recently, Publix received city approval to build the city’s first new retail center that will be anchored with a 50,000 square-foot grocery store. In addition, construction is underway on a new 7-11 store and gas station with a second one set to break ground soon. The Constitutional Tax Collector's Office for Palm Beach County is currently constructing a new service center near the new Palm Beach County fire station that opened last year. Two years ago, a free-standing emergency medical center developed by Wellington Regional Medical Center opened, and Christ Fellowship Church is planning to build an 800-seat worship center in the heart of Westlake.

Westlake is located at 16610 Town Center Parkway North in the City of Westlake, on Seminole Pratt Whitney Road between Southern Blvd. and Northlake Blvd. For more information on the community call 888-299-3628 or visit www.WestlakeFL.com

About Minto Communities USA:
Minto Communities USA, based in Florida since 1978, has represented integrity, financial strength and enduring value for over 40 years. Minto builds exceptional new homes and communities to meet every lifestyle, with more than 26,000 new homes built in 48 communities. Minto is dedicated to continuous improvement in design, quality and customer experience. These are just some of the elements that set Minto apart as an exceptional homebuilder and community developer and have earned the company national recognition that includes consistently high rankings from Eliant Customer Service Surveys. Minto has been recognized with multiple national awards from the National Association of Home Builders (NAHB) for community and home design, including Best Single-Family Community Over 100 Homes and Best Sales Center for Westlake in the City of Westlake; Best Mixed-Use Community and Best Clubhouse for The Isles of Collier Preserve in Naples, Florida; Best Clubhouse for the Harbour Isle Beach Club in Sarasota-Bradenton, Florida. Minto has also earned multiple Aurora Awards from the Southeast Building Conference for Westlake, including the 2018 Silver Award for Best Single-Family Residential Community.

Minto is also recognized throughout the homebuilding industry as an expert in developing active-adult communities. The NAHB named Minto as 2019's 55+ Builder of the Year. Minto's Latitude Margaritaville Daytona Beach was awarded 55+ Community of the Year for 2019, and Latitude Margaritaville Hilton Head was awarded 55+ Community of the Year for 2020.