Bradenton builder stays busy in down market [South Florida]
At a time when several small- to medium-sized regional home builders have hit rough patches or simply folded, Bradenton’s Gibraltar Homes seems to have weathered the storm of real estate’s big downturn.
Albert Sanchez, Gibraltar’s president and owner, sees an improving housing market ahead.
He thinks places like Lakewood Ranch, where he is building single-family homes, will continue to be desirable places for people to buy homes.
Gibraltar also is building at Bougainvillea Place, a private, gated enclave in Ellenton featuring 160 luxury villas and town homes. And the company is building custom bayfront residents and villas at Legends Bay at IMG Academies in Bradenton and will start construction on a new community of 60 luxury homes in the same development.