MI currently has two active communities on St. Cloud's Narcoossee corridor, but this the first project to be built south of U.S. 192.
Kaiser said Reserve at Pine Tree would feature the same product offering at Narcoossee Del Sol, with prices starting in the low- to mid-$200,000s.
The community is just north of Whaley's Creek, where CalAtlantic Homes and Centex Homes are currently selling. Richmond American Homes and Hanover Family Builders are also active in the area, having just bought phase two of Pinewood Gardens on Old Canoe Creek Road.
Centex, a Pulte brand, is also seeking final plat approval for Eagle Meadows, a 91-lot subdivision just north of Whaley's Creek.
The St. Cloud City Council last week rejected a proposed 6-month moratorium on rezoning and comprehensive plan amendements for new residential communities.