Metro Development Group

What Metro Development Group does

Metro Development Group is a privately held Florida master-planned community developer founded in 2003 and headquartered in Tampa. The company converts raw land into lifestyle-driven residential communities across the Tampa Bay region, operating in Pasco, Hillsborough, Hernando, Manatee, and Sarasota counties. It is described as Florida's largest privately held residential developer, with a portfolio valued in excess of $4 billion, more than 70 communities, and over 60,000 lots developed across its history. Active communities include Angeline (6,200+ acres in Pasco, anchored by the Speros FL Moffitt Cancer Center campus), Mirada (15-acre MetroLagoon, the largest in the U.S.), Seaire (Manatee County, target completion May 2026), Southshore Bay, Sandal Key, and Curiosity Creek (Manatee).

The company's core technical platform centers on MetroLagoons — large-scale, self-cleaning man-made lagoons developed under a long-standing partnership with Crystal Lagoons Corp. (formed 2014) — integrated with a proprietary branded stack comprising Connected City (IoT/smart-city infrastructure), UltraFi (2 Gig fiber internet), Streetleaf (solar streetlights with adaptive dimming), CONNECT by Metro (wellness programming), Central Florida Ranching (land stewardship), and a working farm (Farm at Angeline) using Beewise's autonomous robotic BeeHives. The 2025 launches of Beewise deployment and onsite AI-focused charter school (Angeline Academy of Innovation) extend the differentiation proposition, though core AI capability is partner-driven rather than in-house.

The business model is a developer-plus-partner platform: Metro develops finished lots and sells them to a roster of ten-plus national and regional home builders — Lennar, D.R. Horton, DRB Homes, Pulte Homes, KB Home, Dream Finders Homes, Perry Homes, M/I Homes, Park Square Homes, and others — which construct and sell homes to end buyers. Supplemental recurring revenue comes from HOA and Community Development District (CDD) fees paid by residents for amenity maintenance, plus transaction-level revenue from community programming, lifestyle events, and on-site hospitality (e.g., Wild Thyme Café at Angeline). Go-to-market combines in-community welcome centers and model-home tours, a 542-Realtor MVP program generating 2,000+ home sales annually, multi-year sports marketing partnerships (Tampa Bay Rays and Rowdies through 2028), and earned media across Tampa Bay local outlets.

Name

Metro Development Group

Legal name

Metro Development Group, LLC

Website

https://metrodevelopmentgroup.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

11–50 employees

Short description

Metro Development Group is a Tampa-based, privately held Florida developer that converts raw land into amenity-rich master-planned residential communities across the Tampa Bay region, selling finished lots to national and regional home builders and serving homebuyers, builders, investors, landowners, and Realtors.

Ownership category

akta.pro rank

Product category

Master-Planned Residential Community Development

NAICS

Land Subdivision (237210), Landscape Architectural Services (54132)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), General Bldg Contractors - Residential Bldgs (1520)

akta.pro primary industry

Urban Planning & Master Planning (BPAHAKAD)

akta.pro secondary industries

Urban & Regional Planning (Land Use, Zoning, Master Planning) (BPAIANAD), Regional & Land Use Planning (BPAHAKAE)

Keywords

• Master-planned communities
• Residential land development
• Lagoon amenity communities
• Smart community infrastructure
• New home construction

Headquarters

HQ city

Tampa

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Lot Sales to Home Builders: Metro Development Group develops raw land into finished lots and sells these lots to home builder partners (e.g., Lennar, D.R. Horton, DRB Homes, Pulte Homes) who then construct and sell homes to end buyers. This is the primary revenue stream.
2. HOA and CDD Fees: Homeowners in Metro communities pay Homeowner Association (HOA) fees and Community Development District (CDD) fees for maintenance of common areas, lagoon access, and community amenities.
3. Community and Lifestyle Amenity Revenue: Revenue generated through lagoon lifestyle programming, event activations, and retail/hospitality elements such as the Wild Thyme Café at Angeline.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels9 records

Core offering

Metro Development Group develops master-planned residential communities in Florida, integrating proprietary amenities such as MetroLagoons, smart infrastructure, and lifestyle programming. The company prepares finished residential lots and sells them to national home builder partners, who construct homes for end buyers, while Metro retains ownership and operation of community amenities and shared infrastructure.

Product overview

Metro Development Group is a master-planned community developer offering a portfolio of branded products and amenities. The core offering consists of residential communities featuring MetroLagoons (man-made lagoon amenities), Connected City infrastructure, UltraFi high-speed internet, Streetleaf solar streetlights, and CONNECT wellness programs. The company develops 70+ communities across Florida including Angeline (featuring The Farm at Angeline), Mirada (with the largest U.S. lagoon at 15 acres), Seaire, Sandal Key, Southshore Bay, and Curiosity Creek. Homes are offered through partner builders including Lennar, D.R. Horton, Pulte Homes, and others. The company operates primarily through a platform-plus-partner model, with branded amenities and technologies integrated into communities developed with investor and builder partners.

Differentiator

Problem solved

Functional benefit

Brands

• MetroLagoons: Revolutionizing Fun - The company's signature lagoon amenity featuring large man-made lagoons in master-planned communities
• Connected City
• UltraFi
• Streetleaf
• Central Florida Ranching
• CONNECT by Metro

Products and services

• Master-Planned Communities

Quantifiable outcome

• Mirada ranked #12 and Angeline ranked #24–27 nationally among top-selling master-planned communities in 2025 by RCLCO and John Burns Research & Consulting
• +3 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

17 partnerships are on record, tiered core, flagship and minor.

• Tampa Bay RayscoreGTM or Marketing Partner · 22 June 2026Multi-year partnership through 2028 making Metro Development Group a Proud Partner of the Tampa Bay Rays (MLB). Partnership includes game-day activations, digital experiences, community engagement, and co-branded sweepstakes promotions (Home Sweet Home Run). Metro gains stadium, broadcast, and digital platform visibility across Tampa Bay. The sweepstakes drives prospective homebuyers to tour model homes at six Metro communities.
• Tampa Bay RowdiescoreGTM or Marketing Partner · 22 June 2026Multi-year partnership through 2028 making Metro Development Group a Proud Partner of the Tampa Bay Rowdies (USL Championship soccer). Metro gains year-round visibility across stadium, broadcast, and digital platforms in Tampa Bay. A second sweepstakes geared around Rowdies prizing is planned.
• BeewiseflagshipStrategic or Co-development Partner · 20 May 2026Angeline became Florida's first master-planned community to incorporate Beewise's AI-powered robotic BeeHome system at the Farm at Angeline. Beewise's autonomous system monitors hive conditions, detects threats, and uses precision robotics to improve pollination and reduce colony loss. The partnership supports educational STEM programs for students and sustainability goals. Beewise CEO Saar Safra noted bees pollinate 75% of crops consumed globally.
• Crystal Lagoons Corp.coreTechnology or Integration · 1 January 2014Metro Development Group partnered with Crystal Lagoons Corp. to license and implement the MetroLagoons technology — self-cleaning, sustainable swimming pools up to 15 football fields in size. Crystal Lagoons provides the patented technology for large-scale man-made lagoons in Metro communities. Metro has exclusive or priority rights to implement this technology in designated Florida markets.
• Moffitt Cancer Center / Speros FLflagshipStrategic or Co-development PartnerMoffitt Cancer Center's 775-acre Speros FL life sciences campus is being developed within the Angeline community. Speros FL includes an outpatient center, Discovery & Innovation Center (250,000 sq ft for drug development and cancer pathways research), and the first proton therapy system in the area. Backed by over $1 billion investment and expected to bring 11,000+ jobs, Speros FL positions Angeline as a regional hub for science and innovation-driven growth.
• Dayspring Academy (Angeline Campus)minorStrategic or Co-development PartnerOnsite charter school at Angeline offering Pre-K through 5th grade with advanced technology curriculum. Part of Angeline's education ecosystem.
• Angeline Academy of InnovationminorStrategic or Co-development PartnerOnsite public magnet/charter school at Angeline serving 6th–12th grade with advanced technology and AI curriculum. Part of Angeline's integrated education vision.
• Angeline Country Day SchoolminorStrategic or Co-development PartnerOnsite private school at Angeline offering Nursery through 5th grade education. Part of the community's comprehensive education offerings.
• LennarcoreChannel Partner/ Reseller/ DistributorNational home builder Lennar constructs and sells homes in multiple Metro communities including Seaire, Southshore Bay, Angeline, and Curiosity Creek. Lennar offers single-family homes, townhomes, and active adult collections across Metro communities.
• D.R. HortoncoreChannel Partner/ Reseller/ DistributorNational home builder D.R. Horton constructs and sells homes in multiple Metro communities including Seaire, Southshore Bay, Angeline, Sandal Key, and Curiosity Creek. D.R. Horton offers townhomes and single-family homes with concrete block construction, stainless-steel appliances, and smart home systems.
• DRB HomescoreChannel Partner/ Reseller/ DistributorHome builder DRB Homes constructs and sells homes in Metro communities including Seaire and Curiosity Creek. DRB Homes won Grand Winner and Best in Class at the 2025 Tampa Bay Parade of Homes for their Sabal model at Seaire.
• Pulte HomescoreChannel Partner/ Reseller/ DistributorNational home builder Pulte Homes constructs and sells single-family homes at Seaire in Phase 2, starting from the high $300s with floor plans ranging from approximately 1,498 to 2,946 square feet and three to five bedrooms.
• KB HomecoreChannel Partner/ Reseller/ DistributorNational home builder KB Home constructs and sells homes at Sandal Key in Hernando County. KB Home offers 1- and 2-story floor plans up to 6 bedrooms with ENERGY STAR certification and buyer personalization through the KB Home Design Studio.
• Dream Finders HomescoreChannel Partner/ Reseller/ DistributorHome builder Dream Finders Homes constructs and sells homes in multiple Metro communities including Seaire (Phase 1 and Phase 2), Angeline, and Curiosity Creek. Dream Finders won Silver Winner at the 2025 Tampa Bay Parade of Homes for their Boca II model at Angeline.
• Perry HomesminorChannel Partner/ Reseller/ DistributorPerry Homes entered the Tampa Bay market through partnership with Metro at Seaire in Phase 2. Perry Homes won Grand Diamond Winner (highest honor) at the 2025 Tampa Bay Parade of Homes for their debut entry. They offer two collections at Seaire starting from the $560s.
• M/I HomesminorChannel Partner/ Reseller/ DistributorM/I Homes constructs and sells exclusively gated homes at Seaire on 60-foot and 70-foot homesites, with floor plans ranging from approximately 2,300 to 4,000+ square feet with three to six bedrooms.
• Park Square HomesminorChannel Partner/ Reseller/ DistributorPark Square Homes constructs and sells homes at Seaire in Phase 2, bringing nine floor plans ranging from approximately 1,966 to 4,281 square feet with designer features as standard and buyer personalization options.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• The Howard Hughes Corporation: The Howard Hughes Corporation develops large-scale master-planned communities (e.g., The Woodlands, Bridgeland, Summerlin) and operates commercial and residential assets. It is the closest publicly traded peer to Metro in terms of MPC scale and long-duration community development.
• Shea Homes: Shea Homes operates Trilogy (active 55+ master-planned communities) and Shea Living, developing master-planned and amenity-rich communities in the western U.S. Comparable for amenity-anchored MPC development and integrated homebuilding.
• Five Point Holdings: Five Point Holdings develops large master-planned communities in California and Florida (e.g., Great Park in Irvine, Valencia). Comparable to Metro for its focus on amenity-rich, mixed-use MPCs at scale.
• Freehold Communities: Freehold Communities (a subsidiary of Cadiz Inc.) develops master-planned residential communities across the U.S. Sun Belt, with comparable focus on amenity-driven design and builder partnerships for lot sales.
• Crescent Communities: Crescent Communities, part of Sumitomo Forestry, develops master-planned communities across the Sun Belt with a focus on amenity-rich design. Comparable in operating model and regional footprint to Metro's Florida MPCs.
• Forestar Group: Forestar Group (a D.R. Horton affiliate) is a pure-play residential lot developer operating across the U.S. Closely comparable to Metro's core lot-development business, though Forestar is publicly traded and tied to a single homebuilder.

Broad incumbents

• Tri Pointe Homes: Tri Pointe Homes is a national homebuilder with a meaningful focus on move-up and luxury master-planned community product. Comparable for combined homebuilding + MPC operations, though broader and publicly traded.
• Toll Brothers: Toll Brothers is a national luxury homebuilder that also develops master-planned communities. Comparable to Metro for its MPC activity, though Toll operates at much larger scale as a publicly traded homebuilder.
• Brookfield Residential: Brookfield Residential is the North American homebuilding and land development arm of Brookfield Asset Management, operating master-planned communities across the U.S. and Canada. Comparable in MPC scope, though a division of a much larger global real estate firm.
• Lennar Corporation: Lennar is the second-largest U.S. homebuilder and one of Metro's largest builder partners. While primarily a customer/channel partner, Lennar's Lennar Land division makes it a comparable publicly traded MPC/lot developer for benchmarking scale and capital efficiency.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/mdgflorida
• Facebookfacebook.com/MetroPlaces

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Metro Development Group