SARASOTA, FLORIDA, January 10, 2018 – An even wider range of residential options at varied affordability levels would soon be available at the West Villages in the Venice/North Port market. This looms following the recent approval by the city of North Port on plans for the town center of this top-selling master development. Significantly, West Villages will also soon get a tremendous boost from its hosting of the spring training camp of the Atlanta Braves.
The approved plan is geared towards creating a Main Street District for the West Villages just like in Lakewood Ranch. It is likewise envisioned as a central business district similar to what nearby Punta Gorda and Venice already both have.
The new district considered for West Villages encompasses 626 acres at the southwest corner of U.S. 41 and West Villages Parkway. Approved as a mixed development, it will be comprised of 2,400 residential units, office space of 200,000 square feet and retail space of 300,000 square feet.
The residential component of the West Villages’ Main Street District is planned on its western section adjacent to the homes for sale at IslandWalk, one of the communities in the master development. Across on U.S. 41 is another West Villages neighborhood, Gran Paradiso and its Tuscan-inspired residences prominent in MLS listings of Venice homes for sale.
In approving the Main Street District of West Villages, North Port’s city commissioners saw merit in the plan for the district to have a range of housing options at different levels of affordability.
Marty Black, chairman of the West Villages Improvement District, said they intend to bring in the district housing for all income levels. The market for these homes, he added, would include entry-level employees, office workers, and employees of the neighboring State College of Florida Venice campus, as well as new police officers and firefighters.
Accessory residences is another focus, particularly for North Port Vice Mayor Vanessa Carusone who wanted assurance that the district would offer homes which are not only affordable but also provide units available for rent or purchase as a residence and as a business.
With the new housing stock at West Villages, industry analysts expect this master development to maintain its standing as one of the nation’s top selling communities. In 2016, over 800 new West Villages homes were sold, elevating it as the fourth top-selling master planned community in one real estate ranking that year.
Market tailwinds are also widely anticipated from the Atlanta Braves moving their spring training complex in the West Villages area. The facility for this popular ball club is estimated to cost $110 million to build. During its groundbreaking in October last year, it was announced that the Braves’ training stadium should be ready for opening in February 2019.
With these developments, retailers and restaurants have been reported keen in having an inside track on acquiring commercial spaces at the Main Street District of West Villages. These retail outlets would be anchored on a Publix Super Market which has already cornered about 50,000 square feet in the West Villages’ town center that promises to be a big boost to North Port and Venice homes for sale.
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>>