Hobe Grove was established in the early 60s as a citrus orchard by Richard Becker. In 2011 it was purchased by Midbrook 1st Realty, a Coventry Development Corporation managed asset. It remains agricultural land.

Coventry Development Corporation is committed to building environmentally friendly, energy efficient and sustainable communities, with an emphasis on economic development and job creation.

Coventry Development's vision for the future of Hobe Grove includes conservation of open space and environmental enhancements in order to create a progressive and transformational community.