Homes by Towne will break ground on Waterfront at Main Street in December.
LAKEWOOD RANCH — A condominium project that sparked opposition from neighbors in the Watercrest community soon will rise from the banks of Lake Uihlein.
Developer Homes by Towne on Friday launched pre-sales for units within the future Waterfront at Main Street.
Site work on the project, composed of 76 units in three buildings ranging from six to seven stories, should commence in December with construction on the first building starting in January. Units likely will be available for move-in around March 2017.
“It’s been a long time in coming,” said Kitt Kearney, vice president of sales and marketing. “Everybody’s really excited. We’re showcasing the water views and the amenities.”
The first building will have 23 units.
The project, which sits on about three acres behind Lakewood Ranch Cinemas on Lakewood Ranch Main Street, will have easy access to the urban lifestyle of Main Street’s restaurants, shops and other offerings, but also will have a full amenity center that includes a resort-style pool and spa, a fitness center and an outdoor/indoor entertainment area with a catering kitchen.
“What’s very unique about this is they have this urban lifestyle, but they have all these amenities,” Kearney said. “And, they can go home and enjoy the lake view.”
She said Homes by Towne will construct the community in phases, with the first building of 23 units ranging in size from about 1,337 to 1,558 square feet. Units will cost between $363,000 and $453,000.
Each of the three buildings will have one penthouse, two of which will be 2,300 square feet and priced around $755,000 and a third which will be 2,827 square feet at a cost of $895,000.
Watercrest residents had opposed changes to the project, primarily because of the increase in building height, in late 2014. Homes by Towne, which also developed Watercrest, originally planned to build 56 units in four five-level buildings, with units ranging from about 3,100 to 3,500 square feet.
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