Lennar Expands 55+ Presence in Central Oregon with Dry Canyon Community

Event summary

  • Lennar is launching Dry Canyon, a gated 55-and-better master-planned community in Redmond, Oregon, with a grand opening on January 31, 2026.
  • The community features eight home designs ranging from 1,219 to 2,317 square feet, priced starting in the low $400,000s.
  • Dry Canyon includes resort-style amenities such as a future clubhouse with an indoor pool, pickleball courts, and scenic trails.
  • The community offers Lennar’s Next Gen® floorplan, providing a private suite with its own entrance and living area.

The big picture

Lennar's Dry Canyon development represents a strategic expansion into the active adult housing segment, a market experiencing increasing demand due to demographic trends. The choice of Redmond, Oregon, suggests a focus on areas with desirable outdoor recreation and a growing retiree population. This move underscores Lennar's broader strategy of diversifying its offerings to cater to different life stages and geographic preferences, while also leveraging its Next Gen® design to appeal to multi-generational living trends.

What we're watching

Demographic Shifts
The continued expansion into 55+ communities signals Lennar's bet on the growing senior population and their desire for active adult living, which will be a key driver of housing demand in the coming years. The success of Dry Canyon will hinge on accurately gauging the preferences and affordability of this demographic.
Regional Economics
Central Oregon's reliance on tourism and outdoor recreation makes Dry Canyon's success sensitive to broader economic conditions and potential shifts in travel patterns. A slowdown in these sectors could impact demand for housing in the region.
Construction Costs
Lennar's 'Everything's Included' program and starting prices will be heavily influenced by ongoing fluctuations in material costs and labor availability, potentially impacting margins and pricing flexibility.