Taylor Morrison Plans New Community Arbor Lakes on Palmer Ranch

SARASOTA, FL, March 23, 2013

As one of West Florida's most prolific builders with communities ranging from Tampa to Naples, Taylor Morrison is pleased to announce plans for a new community in Sarasota's popular master planned community of Palmer Ranch.

Acting as both developer and builder of Arbor Lakes on Palmer Ranch, Taylor Morrison has purchased 213 acres with plans to construct approximately 267 single family homes. Officials expect to break ground spring of 2013. The West Florida Division of Taylor Morrison has already begun to receive inquiries from the public on this new project and has started an interest list of potential homebuyers who will receive updates throughout the development process.

"We are particularly excited about this new neighborhood because we feel that it fills a real need in a well-established master-planned community," said Cammie Longenecker, vice president of sales and marketing for Taylor Morrison West Florida. "Arbor Lakes is being designed with families in mind, particularly those looking to move up to a home that is a bit larger or more upscale, but we also know that this community will be very attractive to empty nesters and retirees as well because of its ideal location and resort-style amenities."

Palmer Ranch is the second master-planned community in the Sarasota/Manatee area that Taylor Morrison is part of. They also build in multiple villages in the successful Lakewood Ranch.
As both developer and builder, Taylor Morrison will draw upon its extensive experience and thoughtful designs to offer a community that upholds the beautiful landscaping and distinct architectural design within Palmer Ranch. Located in Sarasota County near Clark Road and Honore Avenue, Palmer Ranch is a thriving community prized for its top-ranked schools and excellent accessibility to I-75, airports, shopping, entertainment venues, restaurants, parks and sports facilities, golf courses and award-winning beaches.

Be one of the first to receive the latest information about Arbor Lakes on Palmer Ranch. Join the interest list for more information today! Visit arborlakesonpalmerranch.com or contact 866-495-6006.

About Taylor Morrison
Taylor Morrison is the largest privately-owned homebuilder based in the United States, as reported by Hanley Wood based on 2011 revenues. Headquartered in Scottsdale, Arizona, the Company operates in the US under the Taylor Morrison and Darling Homes brands and in Canada under the Monarch brand. Taylor Morrison is a builder and developer of single-family detached and attached homes serving a wide array of customers from first-time buyers and move-up families to luxury and active adult customers. Taylor Morrison divisions operate in Arizona, California, Colorado, Florida and Texas. Darling Homes serves move-up families and luxury homebuyers in Texas. Monarch, Canada's oldest homebuilder, builds homes for first-time buyers and move-up families in Toronto and Ottawa as well as high rise condominiums in Toronto.

For more information about Taylor Morrison, Darling Homes or Monarch, please visit http://www.taylormorrison.com, http://www.darlinghomes.com and http://www.monarchgroup.net.

For more information about Taylor Morrison communities in West Florida, call 866-495-6006 or visit http://www.taylormorrison.com.