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JSB Capital Lands $238M Bridge Refinance for Doral Apartment Community

October 3, 2026

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Florida sellers face a tougher market as rates rise and buyers retreat

October 3, 2026
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    JSB Capital Lands $238M Bridge Refinance for Doral Apartment Community

    October 3, 2026

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Florida’s Housing Market Heats Up with Major New Developments

April 6, 2026
Florida housing development construction site
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Florida’s real estate landscape is experiencing significant growth with the announcement of two major residential projects poised to add thousands of new homes. These developments, spearheaded by prominent builders, aim to meet the rising demand for housing in key growth corridors, promising a blend of modern living and extensive amenities for future residents.

Key Takeaways

  • Two large-scale housing communities are under development in Florida.
  • Taylor Morrison is building over 1,750 homes in Port St. Lucie’s Solaeris master-planned community.
  • Lennar is constructing townhouses at Mandarin Park in Naranja.

Taylor Morrison’s Ambitious Port St. Lucie Project

Taylor Morrison is set to develop two distinct communities within the expansive 3,300-acre Solaeris master-planned community in Port St. Lucie. These projects, named Esplanade at Solaeris and Azure at Solaeris, will collectively offer more than 1,750 new homes.

Esplanade at Solaeris is designed as a resort-style, gated community featuring approximately 1,200 homes, including single-family residences, villas, and condos. Residents will have access to a wealth of amenities, such as an 18-hole championship golf course, a resort-style pool and spa, a culinary center with diverse dining options, a wellness center, a fitness center, and courts for tennis, pickleball, and bocce ball. Sales for Esplanade are anticipated to commence in the fourth quarter of 2027.

Complementing Esplanade, Azure at Solaeris will provide 552 single-family homes. This community will boast its own amenity center equipped with a pool, cabana, splash pad, basketball court, and a dog park. Initial site development for Azure is currently in progress, with sales expected to launch in the first quarter of 2027.

Jeremy Goulart, Taylor Morrison’s Treasure Coast vice president of operations, expressed enthusiasm about expanding the company’s presence in Port St. Lucie, highlighting the commitment to delivering high-quality, amenity-rich living spaces in a rapidly growing region.

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Lennar’s Mandarin Park Townhouses

In another significant development, Lennar is actively constructing townhouses at Mandarin Park, located in Naranja. While specific details regarding the number of units or amenities were not provided in the source material, the commencement of construction signifies continued investment in the region’s housing supply by major developers.

Sources

  • Taylor Morrison to build two communities with 1,750 homes in Port St. Lucie’s Solaeris MPC, South Florida Agent Magazine.
  • Mandarin Park townhouses under construction in Naranja with Lennar, The Business Journals.

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