Ryland plans to build single-family and multifamily product in the Village of Bridgewater, just east of Vineland Road (Country Road 535). Disney is one of the core supporters of Horizons West, a planned new town community for 40,000 residents over the next 20 years.

Daryl M. Carter of Maury L. Carter & Associates Inc. represented the seller. Jim Karr of Land Plus Inc. negotiated for 34-year-old Ryland which is headed by R. Chad Dreier, chairman/president/CEO. Ryland is annually ranked among the top 10 homebuilders in the United States, according to industry trade publications.

In a separate unrelated transaction, Daryl M. Carter, Trustee of Carter-Jones Road Land Trust bought 220 acres in Osceola County from James A. Raper, personal representative of the Pauline Farless estate for $525,000 cash or 55 cents per sf.

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