BBX Capital Real Estate selects building team for community at Beacon Lake

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BBX Capital Real Estate, a division of BBX Capital Corporation (NYSE: BBX), recently announced that Dream Finders Homes and Mattamy Homes have been selected as the exclusive phase one builders at Beacon Lake, BBX Capital Real Estate's master-planned community in northern St. Johns County. Dream Finders and Mattamy Homes plan to build approximately 151 single-family homes each within the new community.

“We are excited to have Dream Finders Homes and Mattamy Homes bring their extensive home building expertise to Beacon Lake,” said Bruce J. Parker, managing director for BBX Capital Real Estate. “BBX Capital Real Estate’s goal is to develop outstanding communities featuring exceptional quality homes and world-class amenities. The reputation and experience of Dream Finders and Mattamy Homes are a perfect fit for Beacon Lake, and we look forward to working with both of their teams.” 

Dream Finders and Mattamy Homes plan to offer a selection of home designs. New homes will range in size from 1,800 square feet to over 4,000 square feet and will be priced up to $500,000.

The Beacon Lake community plan calls for 1,280 single-family homes and 196 townhomes on approximately 630 acres, more than half of which consists of a dedicated wetland preservation, enhancements and restoration areas. Anchored by a paddle-friendly 43-acre lake, Beacon Lake will offer opportunities for outdoor and indoor recreation. Residents will enjoy neighborhood amenities including an expansive community clubhouse overlooking Beacon Lake with a half-mile view to the southern shoreline.

Located in northern St. Johns County on the south side of County Road 210 between U.S. Route 1 and Interstate 95, Beacon Lake is near shopping, dining, employment centers and area beaches. The community is within the St. Johns County School District.

BBX Capital Corporation is a diversified holding company whose principal activities are its ownership of Bluegreen Corporation and, through its Real Estate and Middle Market Divisions, the acquisition, ownership and management of joint ventures and investments in real estate and real estate development projects and middle market operating businesses.