Zeroed in: New-home sales sizzle, drive construction for Lennar

The Miami builder finds a home for success in Riverview.


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  • | 6:00 a.m. April 19, 2019
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A model home at Lennar's Rivercrest Lakes development. Courtesy photo.
A model home at Lennar's Rivercrest Lakes development. Courtesy photo.
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Riverview has become ground zero for Miami-based homebuilder Lennar, which recently announced plans to add three new communities to the seven it already has under development in the south Hillsborough County area.

Sales have already opened at a yet-to-be-named community located at 11329 Chilly Water Court, with Timbercreek and Ventana soon to follow. With prices starting in the mid-$200s, the communities are targeted toward families and first-time homebuyers — demographics that continue to drive big growth in Riverview and for Lennar, whose revenues rose to $12.65 billion in 2017, up from $10.95 billion in 2016.

 

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