What is a master planned community?
A master-planned community are residential neighborhoods, similar to self-contained small cities and can cover 10,000 acres or more.
Master-planned communities often have recreational amenities such as golf courses, pools, walking trails, and lakes. They often have their own school systems, shopping and business districts, and other components you might expect to find in a typical suburban town.
The convenience factor is a big one -- since master-planned communities are often self-contained in terms of access to commercial amenities, residents often have everything they need within a few minutes' drive of their homes. MPCs are generally designed to be places where residents can live, work, and shop without having to leave
Some larger MPCs have office towers, sports arenas, and large shopping districts. It can take several decades for an MPC to be fully built out.
Most master planned communities will have a consistent design character, while allowing for some varieties of design styles, home sizes, prices, and lot sizes to cater to multiple segments of the market and allow space for the diversity that can help create the feel of community.
Master planned communities are frequently developed by a single-development entity, though many developers will allow separate builders to create these smaller subdivisions so that each one is unique and offers residents something different from the others.
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They’re popular in Florida and Texas since they require a large parcel of land.
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