GREEN COVE SPRINGS – Freehold Communities joined community leaders and local builders in a groundbreaking ceremony on Thursday, Jan. 20, for its visionary 2,240-acre Saratoga Springs “agrihood.”

The master-planned residential community will be between Magnolia West and County Road 315, blending modern living with agricultural sustainability.

Saratoga Springs will bring a new meaning to “agrihood” living. Anchored by multiple working farms throughout the masterplan, the community will feature five thoughtfully designed neighborhoods, miles of interconnected walking trails, parks, and expansive amenities to foster engagement, wellness and connection.

Freehold had submitted plans to purchase the Reinhold Corporation's land and build as many as 4,489 new homes at Saratoga Springs in 2006. The school board included the construction of three new schools by 2032 in its 10-year master plan.

“Saratoga Springs will emerge in a market ranked among the fastest growing in the region,” said Freehold Capital Management Executive Vice President Andrew Smith. “We are excited to enhance this opportunity by building a community that engages directly with nature. The amenities and sense of togetherness of Saratoga Springs are what today’s homebuyers actively seek. This approach underscores our commitment to creating desirable, innovative places that respond to the evolving needs of families and individuals in North Florida.”

Lennar and Ryan Homes will serve as builder partners in the first phases of the community. New home construction is tentatively set to begin in early 2026.

“This is a once-in-a-lifetime piece of land, and we will work closely with our builder partners to ensure we maximize our place in one of the most promising submarkets in Florida,” Smith said.

Saratoga Springs will produce various fruits, vegetables, herbs and flowers to be shared among residents.