RangeWater Prepares to Open Two Olea Active Adult Communities in Florida

VIERA and PONTE VEDRA, Fla. — RangeWater Real Estate is preparing to open its first two active adult communities under its new Olea brand. The properties are Olea at Viera near Orlando and Olea at Nocatee in Ponte Vedra, a suburb of Jacksonville.

The new Olea brand is designed for empty nesters looking to lead an active and social lifestyle with the convenience and freedom of apartment living. The two projects are located 140 miles apart on Florida’s east coast and mark the start of RangeWater’s age-targeted housing expansion across the Sun Belt.

“The opening of our first Olea developments represents a significant milestone for our company,” says Steven Shores, CEO and president of RangeWater Real Estate. “Age-targeted communities are an important and growing part of our story, and the establishment of the Olea brand demonstrates RangeWater’s commitment to delivering quality apartments to empty nesters looking to downsize and lead free, active lives.”

Located within close proximity to the River Lakes Conservation Area and the Atlantic Ocean, Olea at Viera features 166 units. Olea at Nocatee offers 175 units near a variety of beaches and multi-use fitness trails.