SARASOTA, FLORIDA, November 27, 2018 – Medallion Home, with two of its 10 communities in Southwest Florida nearly sold out, is scheduled to start construction sometime in April 2019 with its newest project‒—Watercolor Place in east Bradenton. This up-and-coming development occupies a 289-acre site west of Upper Manatee River Road and is flanked by some of the neighborhoods of Heritage Harbour, one of the hotspots in searches of Bradenton homes for sale.
The first phase of the Watercolor Place development is set for 30 single family homes and 150 paired patio homes. Medallion Home announced the theme for this community as modern coastal with tile roofs and bright colors dominant in the features of its residences.
The succeeding phases in Watercolor Place are private and gated neighborhoods. Phase 2 of the project is planned for 200 units and an amenity center within a six-acre site. Marketing of this second phase could be launched in the winter of 2020, if the current upbeat market conditions continue. A grand total of 1,400 residential units is envisioned in the full development of Watercolor Place, which was formerly the acreage of a dairy farm.
Central to this vision is the extension of Port Harbour Parkway eastward to the Upper Manatee Road. This new east‒west connector would be vital as well to the neighborhoods of Heritage Harbour, as it would link Upper Manatee River to Kay Road, west of Interstate 75.
The connector between Port Harbour Parkway and Upper Manatee River Road is a two-lane corridor cutting southeast across Watercolor Place south of the Heritage Harbour golf community of Waterlefe. Work on this road extension started in April this year and is scheduled to be completed in the summer of 2019.
This connector will feature two roundabouts for a more pleasing visual appeal while at the same time helping slow vehicle traffic passing through the roadway. More importantly the Port Harbour Parkway connection to the Upper Manatee River Road will enhance the locality’s road network and provide a new alternate route to motorists.
Manatee County Public Works data indicate that even as traffic would increase on Upper Manatee River Road, it now has sufficient capacity to accommodate that growth. Significantly, a $2.7 million improvement project has been implemented on this road in connection with the construction of the Fort Hamer Bridge which was completed in 2017.
Besides Watercolor Place, Aqua by the Bay in West Bradenton is another Medallion project currently in the pipeline. This developer’s projects The Inlets in Bradenton and Twin Rivers in Parrish are nearly sold out as of the 2018 first quarter.
Medallion’s other communities in the Southwest Florida region include the newly opened Palma Vista in West Bradenton, Cross Creek and the Reserve at Twin Rivers both in Parrish, and Waverley and Hampton Lakes in Sarasota. It is also one of the builders in the Bradenton’s Legends Bay community and in Sarasota’s University Village.
Medallion’s 2017 sales hit a record high of $106 million from the 215 homes and lots it sold during the year. Its top grossers amongst its communities are Cross Creek and University Village.
SARASOTA, FLORIDA, October 7, 2019 – Property values of communities in the Sarasota-Manatee region now face lesser threat from neighborhood eyesores brought about by abandoned, foreclosed homes. Known in the real estate trade as zombie foreclosures, these properties have shrunk significantly in the region. According to an August report of ATTOM Data Solutions, abandoned […] more>>