Akel Homes Takes Full Ownership of Wilson Grove in Port St. Lucie
January 7, 2020 3 Minute Read
A private residential real estate development company based in South Florida, Akel Homes, today announced that it has taken full ownership of approximately 2,500 acres in the city of Port St. Lucie. Known as Wilson Grove, the property is entitled for 7,700 residential units and more than a million square feet of commercial space. Wilson Grove is one of the largest, entitled land parcels in Port. St. Lucie and South Florida.
Akel Homes, a private residential development company based in South Florida, today officially announced that it has taken full ownership of approximately 2,500 acres of land in Port St. Lucie, one of the fastest-growing cities in the country over the last twenty years. The property is known as Wilson Grove and is entitled for 7,700 residential units and more than a million square feet of commercial real estate. In the years to come, Wilson Grove will become one of the largest active developments in the state of Florida.
“Over the past few years, the Port St. Lucie market has seen extraordinary growth with thousands of new home sales,” said Alexander Akel, President of Akel Homes. “Not only is Wilson Grove the second largest development of regional impact in the city of Port St. Lucie, it is also one of the largest DRIs in the entire state of Florida.”
The city of Port St. Lucie has continually ranked as one of the best places to retire, fastest-growing cities, and safest cities at the state and national level. As a result, Port St. Lucie has attracted renowned medical and educational institutions.
Not only is Wilson Grove the second largest development of regional impact in the city of Port St. Lucie, it is also one of the largest DRIs in the entire state of Florida.
In 2019, Cleveland Clinic completed its takeover of the Martin Health System which includes the Tradition Medical Center in Port St. Lucie, leased the former Vaccine and Gene Therapy Institute and paved the way for a future Neuroscience Center for Excellence in Tradition. Recently, Florida International University has expanded its research operations in Port St. Lucie as it plans to acquire the Torrey Pines Institute for Molecular Studies. The Cleveland Clinic Tradition Hospital, Torrey Pines Institute, and the former Vaccine and Gene Therapy Institute are all in close proximity to Wilson Grove.
Wilson Grove is located near Tradition just west of Village Parkway and Becker Road. The property offers quick access to I-95 at two interchanges: Becker Road and Gaitlin Boulevard. The City of Port St. Lucie is the geographic midpoint between Orlando and Miami.
“Wilson Grove is only 30 minutes from Palm Beach County and 45 minutes from West Palm Beach. The convenience to other cities, combined with the exciting things happening in Port St. Lucie, make it a perfect destination for those looking to enjoy the best of South Florida living,” added Alexander Akel.
Akel Homes’ most recent master-planned resort-style community, Villamar at Toscana Isles, is located in Lake Worth minutes from South Florida’s golden-sand beaches. The luxury community is close to the region’s top entertainment venues, restaurants and the best in shopping destinations, including West Palm Beach’s City Place, trendy downtown Delray Beach and the equestrian fields of Wellington.
To learn more, please call (561) 220-6320 or visit https://akelhomes.com.
About Akel Homes
Akel Homes is a fully integrated private residential development firm based in South Florida. The company’s mission is to build exceptional homes and amenity-rich communities that cater to all lifestyles. Akel Homes utilizes the highest quality building materials, innovative construction methods and forward-thinking architectural designs to create unparalleled single-family residences, townhomes and multifamily apartments in resort-style master-planned communities. Since 1986, the principals of Akel Homes have built over 4,000 residences and many of South Florida’s most renowned communities. For more information, visit https://akelhomes.com.