The Palmwood legacy goes back to 1957, when founder Ralph S. Glover started building with the vision of creating Florida-style homes to accommodate the growing needs of Central Florida, as people discovered the unique beauty that Florida has to offer.
Mr. Glover originally started building on scattered homesites in the Tampa Bay Area and constructed apartment complexes on Snell Isle in St. Petersburg, FL. He turned to developing communities with the creation of Palm Terrace Estates in Port Richey, which contains approx. 1,200 homes built by Palmwood through the 1960’s and 70’s. At that time, Palmwood also developed, managed and owned various commercial centers throughout the Tampa Bay Area. Real estate, both general and commercial, has been part of Palmwood’s scope ever since.
In the late 1970’s, Ralph Glover chose a wooded sanctuary in Hernando County to establish River Country Estates, developing approx. 500 estate and commercial lots near the beautiful Weeki Wachee River. Executive Woods followed in the 1980’s, with 120 single family homes located in Pasco County.
In 1976, Stuart Glover, the second generation, added his strength to the company. He soon earned his State Certified Builder’s License and real estate broker’s license. Stuart took over management of Palmwood’s operations in 1989, with a vision to expand our area of service to include Citrus County. The next couple years brought the fulfillment of this aim, when Palmwood became a select builder in Sugarmill Woods in 1991, and brought its exceptional custom homes to Citrus County. Meanwhile, as a managing partner in the early 90’s, Ralph Glover Sr. created GlenLakes, a private golf community of over 1,000 villa and estate homes in Hernando County, FL.
In the early 1990’s, Palmwood introduced the innovative Cabana design to the Nature Coast. This unique courtyard-style home "wowed" guests and quickly became a popular design to build, as well as a “must-see,” unforgettable experience to visit. As demand increased, Palmwood designed variations including two-story, expanded guest/master wings, and smaller versions. Today, the Cabana remains a favorite.
Stuart Glover succeeded his father as President in 1995, and led the company toward the new millennium with a continued commitment to increase Palmwood’s impact and excellence.
The rest of the 90’s found Palmwood active in building on individual homesites throughout the tri-county area. During that time, Palmwood also constructed ~120 villas and custom estate homes in Silverthorn, a new golf community managed by the Arnold Palmer Group.
With the dawn of the 21st century, Palmwood introduced our Silver Series, value-designed and well-built homes that made the Palmwood name accessible to every budget. These affordable homes were popular for people starting out, down-sizing, as retirement, winter or holiday homes, or for people who wanted something more simple. Their popularity resulted in increased designs including an economical Cabana Silver home. In combination with our Gold Series custom Estate homes, the Silver Series expanded Palmwood’s product line of homes to fit every price range & lifestyle.
In the new millennium Palmwood was invited to become a featured builder in the champion-class golf communities of Lake Jovita and Hernando Oaks.
Meanwhile, Palmwood continued the final development of Orchard Park, a neighborhood of 243 half acre lots in the heart of Spring Hill, Florida.
The pressures of the economy along with a greater appreciation for our limited natural resources, increased Palmwood’s focus on building more “green” and energy efficient. Eco-friendly features took prominence, with Palmwood’s Gold Series homes earning an Energy Star rating for energy-efficient features.
In 2006, Christopher E. Glover, Stuart’s son, joined the company as Chief Operating Officer, leaving a successful career with Raymond James Financial to invest in the family heritage. Chris has been influential in injecting fresh vision to make Palmwood continue to stand out in the changing, competitive industry.
To better serve the needs of our clients, in the mid 2000’s Palmwood expanded our list of services to include room additions and remodeling. Palmwood has also renewed its role as a custom commercial builder in Hernando, Citrus, and Pasco County.
Palmwood’s exciting legacy lives on. Visit us at our model centers on U.S. Hwy 19 at Weeki Wachee Springs, as well as in the communities of Lake Jovita, Hernando Oaks, Sand Ridge, and on Spring Hill Drive.
Since 1957, Palmwood has built a distinct and trusted name. Now with thousands of homes and numerous communities throughout the Nature Coast as a testament to our reputation, Palmwood remains committed to building your Florida dream home with excellence.