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Article: The Carlyle Group and Cameratta Properties to Develop 5,700-Acre Planned Community in DeSoto County, Florida.
- Article from:
- Business Wire
- Article date:
- August 6, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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FORT MYERS, Fla. -- Global private equity firm The Carlyle Group and real estate development firm Cameratta Properties L.P. announced today that they will develop a 5,700-acre master-planned community in DeSoto County, Florida. The proposed 9-square-mile parcel, known as the 2 x 4 Ranch, is expected to consist of more than 10,000 homes, a town center, government offices, retail stores, commercial office space, schools, houses of worship, a golf course, recreation facilities, athletic fields and walking trails. The property is located south of Arcadia, along two miles of State Road 31 frontage. Financial details were not disclosed.
"This is a rare development ...
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