The Active Adult Market Continues To Expand Its Options In Orlando

Already renowned as the world’s #1 vacation destination and home of 7 of the world’s top-10 attraction and theme parks, including Walt Disney World®, Universal Orlando® Resort and SeaWorld Orlando®, which attracts over 72 million visitors annually, while also being know for it’s tropical climate and relaxed lifestyle.

So it’s no surprise for those of us that call “The City Beautiful” home, that we’re now seeing expanded development options for Baby Boomers through an abundance of newly announced Active Adult (55+ communities), for those looking to take advantage of the pleasant and serene living atmosphere which is perfect for senior citizens in their retirement age.

Orlando already provides just that in its existing active adult communities, with more than 17 active adult communities making it easy to find a perfect place to settle to enjoy the later years. Adult living communities are equipped with unique features for the 55+ age, making life in their old age as smooth as possible. With like-minded people of the same age, enjoy being in a social environment. Golf courses, walking paths, hobby centers, and other recreational areas provide great scope for fun and interaction among the residents.

The beautiful beaches and shopping locations around Orlando provide great outdoor activities for the residents. Orlando also boasts of its parks, boating ramps, museums, art galleries, sports clubs and much more. There are also multi-specialty hospitals in the near reach of these communities ensuring proper health care through the later years.

One of the most spectacular will undoubtedly be located in the Osceola County portion of Sunbridge, where Pulte Homes is partnering with Tavistock for the first phase of Sunbridge. The builder will offer the first homes in an active adult section of the 19,000-acre master-planned community through its Del Webb brand. 

Pulte Homes, parent company of Del Webb, paid $12.3 million this week for Phase 1 (highlighted) of its 1,400-home active adult community in Sunbridge. (Donald W. McIntosh & Associates)

Pulte Homes, parent company of Del Webb, paid $12.3 million this week for Phase 1 (highlighted) of its 1,400-home active adult community in Sunbridge. (Donald W. McIntosh & Associates)

"We're permit-ready, and we'll break ground this month, " Pulte Division President Clint Ball told GrowthSpotter. He said the transaction includes the first 450 lots of the community, which is approved for 1,400 lots. "We’re so excited," Ball said. "It’s been a long time coming. If you can't tell, we’re bullish on the 55-plus market in Orlando. We think it's going to be a real destination for Baby Boomers."

He revealed new details about the company's newest flagship community, which will be designed by STG Design to feature and "Old Florida" cracker-style architecture and theming. "We're trying to be innovative with our programming, in the context of health and wellness," Ball said. "It's going to be a very social atmosphere."

The community will have a 25,500-square-foot clubhouse with a restaurant and lounge, fitness center, resort style pool, pickle ball and tennis sports courts, community garden and full-time lifestyle director.

Del Webb will offer an attached, villa product starting in the mid-$200s and up to eight different floor plans on its 50-foot classic and 65-foot estate lots. Homes will range in size from 1,500 to 3,000 square feet and will be available in a variety of elevations, including Craftsman and Old Florida. The model center should be delivered in the First Quarter of 2020, Ball said.

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Pulte will add a third Del Webb active adult community this year in the Horizon West submarket. "Del Webb Oasis will be about 450 units and given its great proximity to the attractions and Horizon West we are excited about bringing this project to market," Ball said earlier this year. "We have seen strong early interest from in market buyers looking to downsize from their current homes and live close to their families in the Horizon West area."

Source: Growthspotter