AUBURNDALE, POLK COUNTY, FLORIDA………An investment group led by Cannatelli developers and its managing partner Frank Pesce and Edward Cannatelli (Founder) has closed a construction development loan for the Enclave at Lake Arietta project located in Auburndale Florida. The land development will begin immediately with land clearing already on it way.
Auburndale was recently listed in the Barron’s journal as the 3rd hottest sector for real estate growth within the United States. Major 500 companies like Amazon and alike have chosen to make this their home for both corporate and distribution activity.
The “Enclave at Lake Arietta” consists of 32 acres of prime waterfront land and will support 41 estate single family homes of which 14 will front on Lake Arietta, a massive lake within the region. The estate homes will be designed under the flag of the “Cannatelli Homes” brand which is known for its spacious flexible floor plans and exquisite high end quality of construction and product design delivery.
The property is also directly across the street from the Lake Myrtle sports complex supporting various sporting events and recreation including national water boarding competitions on an annual basis.
Sales and marketing will be represented by Meyers Century 21 brokerage and Cannatelli developers. The Enclave will be exclusive to 41 private residences with lots of green space
and lake views. The project will make available lot sales and house-lot packages along with competitive end loan financing. All the lots within the Enclave are oversized ensuring plenty of room for pools, recreation and greenspace.