Cavaretta is a former executive with Walt Disney World's real estate operations and Houston-based Terrabrook Inc. He will oversee Black Amber's activities at the Lakes of Windermere project at Horizons West near Disney

Tom Krobot, president, U.S. operations, Ashton Woods Homes, calls Cavaretta "one of the most experienced community development professionals in Florida."

Ashton Woods is the homebuilding division of Great Gulf Group. Black Amber and Ashton plan to open eight new communities in metro Orlando over the next five years, Krobot says in a prepared statement. Ashton has active communities in Orlando, Atlanta, Houston, Dallas and Phoenix.

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