LAKEWOOD RANCH, FL—They said mega mansions were dead in the wake of the busted real estate boom. Lakewood Ranch is proving them wrong.

Bucking luxury real estate trends nationwide, five homes of 10,000 square feet or larger are planned this year or under construction now in Lakewood Ranch. All five are being built in the Lake Club, Lakewood Ranch’s most private and upscale gated community off University Parkway.

“In Lakewood Ranch, we saw the normal residential market begin to recover about a year ago, so it makes sense that now after home sales are starting to even out again, that the mega mansion market would follow,” Jimmy Stewart, vice president of sales for LWR Communities, tells GlobeSt.com. “In addition, while much of the country is still in recession or just beginning to recover, we have found that buyers want to buy where they know their value is protected.”