Mattamy Homes Expands Florida Footprint with Pasadena Ridge Development
Event summary
- Mattamy Homes closed on land in Pasadena Ridge, Zephyrhills, Florida on March 26, 2026.
- The development will feature 154 single-family homes with prices starting at $349,990.
- Sales begin April 18, 2026, with four model homes planned to open this summer.
- Community amenities include a clubhouse, resort-style pool, pickleball courts, and proximity to a 300-acre public Super Park.
The big picture
Mattamy Homes' expansion into Pasadena Ridge reflects the continued demand for master-planned communities in Florida's high-growth areas. As North America's largest family-owned homebuilder, this move aligns with broader trends of suburban and exurban development fueled by remote work flexibility and migration patterns to lower-cost regions. The strategic location near major highways positions the community for long-term appeal to both local buyers and relocating families.
What we're watching
- Market Demand
- How quickly Mattamy Homes can sell units in Pasadena Ridge compared to other Florida developments.
- Execution Risk
- The pace at which amenities and model homes are completed and opened to buyers.
- Competitive Positioning
- Whether Mattamy can differentiate its offerings in a competitive Tampa Bay housing market.
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