FirstService Residential to Manage 4,500-Home Lake Nona Community
FirstService Residential has been tapped to oversee Laureate Park Master Association in Orlando's Lake Nona region, a large master-planned community.
FirstService Residential has been selected to manage the Laureate Park Master Association, Inc., a master-planned community of approximately 4,500 homes situated in the Lake Nona area of Orlando, Florida, according to an announcement dated Sept. 28, 2026.
Lake Nona has emerged as one of Central Florida's most closely watched growth corridors, drawing national attention for its technology-forward urban planning and mixed-use development. Laureate Park fits within that mold, recognized for its innovative approach to community design and resident experience.
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The contract represents a significant portfolio addition for FirstService Residential, one of North America's largest third-party property management companies. Managing an association of this scale involves overseeing shared amenities, common-area maintenance, vendor relationships, and community governance on behalf of thousands of homeowners.
The selection reflects broader trends in large-scale residential communities outsourcing management to specialized firms as homeowner associations grow more complex in their operational and regulatory demands. Master-planned communities with thousands of units typically require dedicated professional oversight to maintain service levels and enforce community standards.
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