PulteGroup, one of the nation’s largest homebuilders, unveiled plans to build 222 single-family homes in a new planned community off Burnt Store Road in Punta Gorda.
The Atlanta-based company recently purchased land for Cassia Bay, a Pulte Homes-branded neighborhood that will include an amenity campus with a pool and cabana building, fitness center and two pickleball courts. Home prices are expected to start in the upper $200,000s, and the company said the community will not include Community Development District fees.
CDD fees are special assessments charged to homeowners within designated districts to fund infrastructure, amenities and ongoing maintenance. Many Florida master-planned communities, including several in Punta Gorda, have such fees.
“Cassia Bay offers brand new homes with low monthly payments in a location close to the water and to the Punta Gorda airport,” said Josh Graeve, president of PulteGroup’s Southwest Florida Division. “We are excited to introduce new homebuying options in Punta Gorda, which is well known for its charm.”
A map highlights the location of Cassia Bay, a planned 222-home gated community by Pulte Homes off Burnt Store Road near U.S. 41 in Punta Gorda.
Homes in Cassia Bay will feature open floor plans ranging from 1,256 to 2,703 square feet under air, with three to four bedrooms, two to three bathrooms and two- and three-car garages. Buyers will have options to personalize their homes, company officials said. Additional details, including model homes and sales timelines, will be announced in the coming months.
The community will be located about 4 miles south of U.S. 41 and roughly 8 minutes west of Interstate 75, along the Burnt Store Road corridor. The area has experienced steady residential growth for more than five years and continues to attract new development.
A model home kitchen illustrates the open floor plans planned for Cassia Bay, where PulteGroup homes will range from 1,256 to 2,703 square feet with three to four bedrooms and two- and three-car garages.
That growth also has generated controversy in Charlotte County. Residents who live along the corridor have raised concerns at public meetings, citing what they describe as rapid development without sufficient supporting infrastructure or nearby commercial services, such as grocery stores, shopping centers and other daily needs.
City of Punta Gorda and Charlotte County are undertaking expansion projects aimed at meeting future water demands associated with population growth. Local officials have said infrastructure planning is a key component of accommodating continued residential development in the region.
PulteGroup Inc., which trades on the New York Stock Exchange, operates in more than 40 markets nationwide. Its portfolio includes Centex, Pulte Homes, Del Webb, DiVosta Homes, John Wieland Homes and Neighborhoods, and American West.
(1) comment
The local residents don't get a say in this?! Locals don't want any more developments till we get caught up with infrastructure here which makes sense. We have water issues, not enough medical, staffing shortages, taking away the veteran's clinic locally...So the answer yo the Charlotte County Commissioners is to build MORE?! Sure it's making you Gangsters rich but what about US? We only pay your salaries (and your assistants salaries). Why don't we get a say???? We DON'T WANT ANY MORE DEVELOPMENT OR PEOPLE HERE! Simply put WE'RE FULL!
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