Explosive Growth in Residential and Commercial Development Underway
ChampionsGate, FL (October 28, 2016) – Osceola County, one of the fastest growing counties in the State of Florida has increasingly benefitted from development in the Four Corners area and more specifically, in ChampionsGate: a complete destination community catering to the needs of both residents and tourists. The hybrid, mega-community is experiencing explosive growth in the residential, tourist and commercial sectors. In 2015 the tax value for residential development in ChampionsGate accounted for more than $500 Million, a growth of 70 percent from tax year 2007, and when factoring in non-residential development the total tax value is well over $1 Billion for Osceola County.
ChampionsGate features a thriving dining, retail and leisure tourist market under the leadership of Rida Development Corporation who reports an estimated $250 Million in projected growth for 2017. As the mega-community’s developer and homebuilder, Lennar Homes continues to be the primary driver of community infrastructure for the development of projects to accommodate the expanding needs of the community’s residents and visitors.