Lennar Carolinas, LLC Makes major purchase in Lawson

Waxhaw Living

Lennar home builders has purchased phase 4 of the Lawson subdivision in Waxhaw. This block of land called phase 4 will actually be the second phase to be developed and will consist of 404 new homes. Lennar also purchased the remaining 19 lots in phase 1 and has already sold 5 of the first 9 homes they have under construction. Lennar has retained Pace Developement Group to continue managing the developement of Lawson and appears committed to develop Lawson as Pace had originally intended. Water and sewer capacity is already in place for 239 homes in phase 4 and capacity for the remaining lots is expected within the next twelve months. Construction in the new phase should begin early next year.

For the past three years or so builders have been reluctant to commit to large projects, purchasing smaller parcels instead and waiting for the market to show some improvement. This purchase, and the commitment of building…

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