Metro Development Group, which brought the country’s first Crystal Lagoon amenity to Wesley Chapel and will soon unveil a second one at the Mirada development (technically located in San Antonio, but just north of Wesley Chapel), continues to experience growth in the area.

In fact, according to housing market analysts, the Wesley Chapel area has five of the Top 20 fastest-growing new home communities in the Tampa Bay area, and three of them — Epperson, Mirada and Union Park — are Metro properties.

Epperson is the fastest-growing, according to Zonda, which was formerly Metrostudy, with 705 new home starts and 493 closings from September 2020 to September 2021. 

Epperson also ranked No. 21 in Zonda’s national rankings for new home starts in that same timeframe.

The other Metro Development properties located in Wesley Chapel that made the Top 20 include:

• Mirada, ranked No. 8 on the Tampa Bay-area list, had 333 new home starts and 308 closings. The community includes Medley, an active adult community, and plans for a 15-acre Metro Lagoon, which will be the largest Crystal Lagoon amenity in the nation.

• Union Park, ranked No. 14, had 258 new home starts and 206 closings in the community, which is now almost completely built out.

Metro also is developing the No. 11 community (Southshore Bay in south Hillsborough, which is also getting a Crystal Lagoon as its primary amenity) and No. 15 (Cypress Creek in Ruskin) community on the list.

“Homebuyer interest in our Metro Places communities continues to be extremely strong, thanks to the convenient locations, the quality of our builder team, and the extensive and unique amenities we offer,” said Vaike O’Grady, VP of Marketing & Communications for Metro Development Group. “Our communities are simply a great value for homebuyers.”  

Two other Wesley Chapel communities also were on the list, with Wiregrass Ranch at No. 5, with 433 home starts, but ranking No. 4 on closings with 360.

Watergrass was No. 6, with 388 home starts and 304 closings.

Pasco County continues to be hot, with New Port Richey’s Starkey Ranch and Land O’Lakes’ Bexley communities also ranking in the top 10.

With south Hillsborough county going through its own growth spurt, don’t expect to see any slowdowns in the near future.

“Demand in the suburban areas of Pasco and Hillsborough counties is coming from homebuyers moving to Florida from other areas of the country, from renters deciding to buy, and from people who simply want a new home,” said Tony Polito, Zonda’s regional director for Tampa and Central Florida. “We see this strong demand continuing into 2022.”

Recommended Posts

No comment yet, add your voice below!

Add a Comment