Lennar Plans 370-Home Development Near Downtown Farmington
Farmington, Minnesota is poised for significant residential growth. Lennar Corp., the largest homebuilder in the Twin Cities, plans to build 370 single family homes on 158.3 acres of former farmland near downtown Farmington.
The proposed neighborhood, called Vermillion Reserve, would be annexed from Eureka Township into the city of Farmington pending approval.
Where Is Vermillion Reserve Located?
The site sits less than a mile from downtown Farmington, near 220th Street West in Dakota County. The land has historically been agricultural property owned by Adelmann Farm LLC. It is currently unoccupied.
The location matters. This corridor has already seen major development activity. Lennar previously completed Vermillion Commons, a 325-plus townhome community just north of this new site.
This signals a clear growth pattern in the south metro.
What’s Included in the Project?
The first phase is expected to begin in spring 2026 and will include 79 single family homes.
Future phases starting in 2027 would add 291 more homes, bringing the total to 370.
Key project details include:
• Lot widths ranging from 40 to 65 feet
• 4 acres designated as public park space
• 31 acres reserved for ponds and stormwater management
This is a traditional single family neighborhood design, not a high density townhome project.
What This Means for Farmington and Dakota County
New construction at this scale impacts more than just housing supply.
It affects:
• Local traffic patterns
• School enrollment
• Property values
• Buyer competition
For move up buyers in Farmington, Lakeville, Rosemount, and other south metro communities, new inventory creates opportunity. For sellers, increased supply changes negotiation dynamics.
Farmington has long balanced small town character with steady growth. Developments like Vermillion Reserve will shape the next chapter.
If you’re considering buying or selling in Farmington or anywhere in the south metro, understanding how new construction affects pricing and timing is critical.
If you want a data driven look at your home’s value or new build strategy in the Twin Cities, let’s connect.
