Hanover Family Builders on Friday announced plans for Hanover Lakes, its new waterfront community in St. Cloud. Hanover Lakes is designed to be a paradise for people who love to boat, fish and want to explore some of Florida's finest waterways. Each home will be built on a canal system with access to 3,400-acre, spring-fed Alligator Lake. A boat lift will allow residents to get their boats from the canal into Alligator Lake.