Pulte Homes is expanding its portfolio in St. Cloud with a new subdivision on Nolte Road tucked in between two residential communities now in development.
The nation’s third-largest homebuilder has filed a preliminary master plan with the city for a 375-lot residential subdivision on 111 acres known as the Sorrell property, which is currently owned by the Fertic family trust. The land is bookended by Lennar’s Old Hickory subdivision and Southern Pines, which is being completed by Taylor Morrison Homes and Richmond American Homes.
Osceola Engineering Inc. completed the master plan, which utilizes a mix of 40-foot, 50-foot and 60-foot street-loaded lots and has a road connection to the east with Old Hickory. That means residents will be able to access a future K-5 school site just south of Old Hickory without driving on Nolte Road. The plan does not include a direct connection with Southern Pines, which was initially launched in 2004. The project goes to the city’s Development Review Committee later this week.
Lennar Homes is actively selling in the 451-home Old Hickory community. Lennar bought the fully-entitled subdivision on Nolte Road in 2019 for $8.1 million.
Just north of Nolte Road, Lake Mary-based DIX Development just paid $22.7 million for the Roan Bridge mixed-use PUD and is prepping it for construction next year for a community with 1,224 homes.
Pulte has long been an active builder in the St. Cloud submarket. In late August, the homebuilder paid $9.5 million for 74 acres next door to its Live Oak Lake community in St. Cloud. Orlando Division President Clint Ball previously told GrowthSpotter they expect to sell out of Live Oak Lake by the end of the year, so the recent acquisition gives them the ability to add hundreds of additional homesites to the proven E192 corridor.
Pulte also controls 500 lots in the city’s mixed-use Tohoqua community on the Cross Prarie Parkway, where it has a residential section and a separate active adult community. The homebuilder is currently pre-selling in Tohoqua with 15 floorplans — including several that were introduced specifically for the community — along with seven floorplans available in the 55+ Tohoqua Reserve section.
The homebuilder just released new homesites in its Split Oak community on Leon Tyson Road, just east of Narcoossee Road and south of Lake Nona. Pulte is one of five homebuilders selected for phase 1 of Weslyn Park in Sunbridge, where it’s already building a Del Webb-branded active adult community.