Stock Development posts strong 2008

Stock Development sold 120 new homes in 2008 at its 444-acre Paseo community in Lee County. For Stock Development, 2008 has been a terrific year, with 356 new home sales and 44 awards recognizing its communities of Lely Resort, Paseo and Vivante for excellence.

According to Brian Stock, CEO of Stock Development, the company's new home sales volume reached $129.7 million for an average sale price of $365,000 per home. In Lee County, Stock sold 120 new homes at Paseo.

He attributed the success to Stock's core philosophy of building competitively priced communities with architecturally superior homes and world-class lifestyle amenities.

"We are building homes priced from under $200,000 to more than $1 million in three of Southwest Florida's most beautiful communities," Mr. Stock said.

"Both Lely Resort and Paseo won Community of the Year honors. We are extremely proud of the fact that it is the first time a developer has won the this prestigious honor simultaneously in Lee and Collier counties."

Even more remarkable, Paseo's Community of the Year honors mark the second consecutive year it has won the award in Lee County.

Paseo offers flats and town homes in 14 designs, as well as six casita floor plans. "We pride ourselves on giving the homeowner more than our competitors and Stock Development's communities have become a must-see for local homebuyers before purchasing. More than 7,000 people toured Stock New Home Sales Centers in 2008," he said.

In 2008, Stock Development won five Excel/Aurora Awards from the Southeast Building Conference, 18 Sand Dollar Awards from the Collier Building Industry Association and 21 Pinnacle Awards from the Lee Building Industry Association.

"It is especially gratifying to be recognized for excellence by your peers," said Claudine Léger-Wetzel, vice president of sales and marketing for Stock Development. "Stock Development has received awards across a broad array of categories. We have won for our new home designs, lifestyle amenities, interior designs, marketing efforts and sales personnel. I think it reflects what a strong company Stock Development is in Southwest Florida."

Stock Development is adding even more options for the upcoming winter season with new neighborhoods and new furnished model centers in both Lely Resort and Paseo. Altogether, 36 new furnished models will be open this month.

Paseo, in Lee County, offers flats and town homes in 14 designs, as well as six casita floor plans. These award-winning homes range from 1,200 to more than 2,000 square feet under air. Four neighborhoods of singlestory, two-story and courtyard-style singlefamily homes are also available. Twenty-nine distinct floor plans range from 1,649 to just over 3,000 square feet under air plus attached two-car garages. Luxurious pool and spa upgrades are available and all four neighborhoods feature sweeping views of the Six Mile Cypress Slough and surrounding lakes.

The Village Center amenities include a full-service concierge, a bistro, an ice cream parlor, a pub, an Internet café, a coffee shop, a 4,000 square foot fitness center, a business center and library, as well as spa services and a 90-seat theater with a projection room and comfortable elevated seating.

The free-form pool includes elaborate waterfalls and rockscapes, as well as a poolside gazebo serving refreshments. Adjacent to the main pool is a large spa, a fitnessoriented lap pool and a children's water playground. The richly landscaped sundeck offers custom-designed furnishings and a large semi-circle of seven authentic Old Florida Chickee huts to provide shade.

The Sports Center includes six lighted, HydroGrid tennis courts, a fishing pier, four bocce ball courts and a basketball court.

Prices at Paseo begin at $179,990.

Paseo is a gated 444-acre community offering fewer than 1,200 residences surrounded by the pristine environment of the Six Mile Cypress Slough. The Paseo Sales Center is located in South Fort Myers at 11940 Palba Way. For information, call 425-6777 or visit www.livepaseo.com