Starwood & Vista Park

In 2014 FL’s principals and two US operating partners acquired the right to develop two adjoining residential land banks (Starwood and Vista Park) comprising c. 4,000 acres of zoned land (c. 8,400 planned residential units) in south-east Orlando, Florida.

Mattamy Homes, North America’s largest private house-builder and Canada’s largest builder, recently made a substantial investment in the Starwood site in November 2017 and has signed a partnership agreement with FL and its local development partners in relation to the future development of 4,600 houses there; the development which is now known as Meridian Park.

FL has since negotiated a similar agreement with one of the largest listed US house builders for its remaining site, Vista Park, and expect this to be completed by Q3 2021.

The combined gross development value of the two sites is in excess of $3bn.