Magnifica developers have purchase contract for Osceola ranchlands – GrowthSpotter

After the 2024 media blitz announcing one of the most ambitious, ultra-luxury developments in Osceola County history, the team behind Magnifica went quiet, leading many to question if the $1 billion development was really too good to be true. The plan, unveiled by CIG Companies founders Charles and Stacey Carey, calls for a gated golf community in Kissimmee with 250 mansions, 50 condos and high-end amenities and a sister resort across the street with a full spa and a mix of suites and resort residences. The project would rise on the 1,720-acre Brown Ranch Six property on Poinciana Boulevard, about 1.7 miles south of U.S. 192. Now comes a strong sign that Magnifica is moving ahead. Lakeland-based Saunders Real Estate represents the Brown family, descendants of pioneer cattle rancher Oren Brown, and has recently changed the property’s status from “for sale” to “under contract.” The 1,720-acre Brown Ranch Six property is currently under contract. It’s proposed for a super-luxury golf and resort community called Magnifica. (Osceola County Property Appraiser) Officials with CIG Companies could not be reached for comment. A longtime county commissioner, the late Oren Brown famously refused an offer from Walt Disney himself for his 6,750 acres, dividing
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