Fiddler’s Creek Announces Joint Venture With Taylor Morrison For Development of 1,000 Single-Family Homes

Fiddler’s Creek today announced that it has entered into a joint venture with national homebuilder Taylor Morrison Home Corporation for the development of a brand new residential community, Oyster Harbor, featuring approximately 1,000 single-family homes within the luxury, master-planned community.

“This transaction represents the single-largest land sale within Fiddler’s Creek to date,” said Aubrey J. Ferrao, Managing Member of Fiddler’s Creek Community, LLC. “We are pleased to partner with Taylor Morrison on the development of the brand new Oyster Harbor community, which will nicely complement the residential offerings currently available and provide buyers with a high-quality product in a distinctive neighborhood.”

Taylor Morrison is an existing homebuilder within Fiddler’s Creek. Earlier this year, the builder acquired 16 remaining single-family home sites in the village of Amador and 54 single-family home sites in the village of Mussorie. The first two model homes are recently opened in Amador and feature tile roofs, ornamental detailing and lush landscaping. Taylor Morrison will be the exclusive builder within the Oyster Harbor Community at Fiddler’s Creek.

“We are delighted to build upon our relationship with Fiddler’s Creek, which is a preeminent residential development in Southwest Florida,” said Steve Kempton, Division President for Taylor Morrison. “We look forward to offering our customers an exciting opportunity to purchase beautiful new homes in Oyster Harbor. We give careful attention to building high-quality homes in exceptional communities where people can live an inspired lifestyle. With its world-class Club & Spa, Arthur Hill designed championship course ranked in Golfweek’s 100 Best Residential Golf Courses for nine years running and beach and boating amenities, Fiddler’s Creek is the perfect complement to the Taylor Morrison brand, and we are very excited to be a part of its future growth.”

Headquartered in Scottsdale, Arizona, Taylor Morrison is a builder and developer of single-family detached and attached homes serving a wide array of customers, including first-time, move-up, luxury and active adult customers. Taylor Morrison divisions operate in Arizona, California, Colorado, Florida and Texas. The company also operates affiliates serving the move-up and luxury homebuyers in Texas and first-time and move-up homebuyers in Toronto and Ottawa as well as high-rise condominiums in Toronto.

Taylor Morrison is one of four national and local homebuilders currently constructing residences in Fiddler’s Creek, including D.R. Horton, Lennar Homes and Stock Signature Homes. It is anticipated that additional builders will be announced in the near future.

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