South Florida Real Estate News - new construction

Mizner Trail Golf Course Still In Limbo

Mizner Trail Golf Course back On The Market For Sale

Another year passed by and construction crews have yet to start work on the defunct Mizner Trail Golf Course. Close to Boca Raton, this 130-acre space has yet to see any new building or even landscaping. The fairways and putting greens are still an eyesore after Developers had the green light to move forward with their plans one year ago. The area remains untouched.

Neighborhood groups banded together to oppose the development. But they failed to appeal the final decision in February. The plan for new construction was set to move forward, but after ten years of overgrown brush residents are not holding their breath. Once a great attraction for home buyers in this desirable Boca Del Mar community,…

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Condos proposed for downtown Delray SofA District

Upscale condos could be headed to Delray Beach's up-and-coming SOFA district — if the city bends some of its downtown development rules. On Tuesday, commissioners will consider approving plans for a 48-unit condo called The Metropolitan, which would include shops, office space and a public plaza. The 5-story building would be built on the northeast corner of Southeast Third Avenue and Southeast First Street in an area marketed by the nickname SOFA, for its location south of the city's bustling Atlantic Avenue. City officials are branding SOFA as the city's newest urban neighborhood. The Metropolitan would join several other developments aimed at attracting young professionals who want to live just off Atlantic and close to the beach.

"I am excited…

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Boca Raton condo development site acquired for $14M

An affiliate of Siemens Group paid $13.5 million to acquire the site of the Akoya condominium project at the Boca West Country Club.

BW-PC LLC, an affiliate of the country club, sold the 6.8-acre site along Boca West Drive to BW-INV LLC, an affiliate of Boca Raton-based Siemens Group led by veteran developer Richard Siemens. The site last traded for $2.35 million in 2007, when Walt Disney World sold it to the club.

Akoya features 140 units with reduced prices now ranging from the $800,000s to over $2 million.  Original pricing started at $1.2 million for decorator-ready units, meaning no finishes, flooring, or fixtures.  Akoya condos will now be delivered with luxury appointments and features including gourmet kitchens with Wolf and Sub-Zero…

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GL Homes Communities In Palm Beach County Florida

Known as one of America’s best home builders, GL Homes has been atop the residential new construction industry since it was first established in 1976. Recently however, GL Homes has been at the top of their game with the highly successful Canyon communities and the Valencia active adult communities.  GL Homes currently has operations in four Florida counties including Palm Beach, Collier, Lee and Hillsborough, although there may be no better showcase of GL Homes' fantastic developments than right here in Palm Beach County, Florida. As the second largest county in the state, as well as the wealthiest as of 2004, it seems to make sense why GL Homes and various other home builders have such a strong presence here, and given its desirable waterfront…

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Update on Mizner Trail Golf Course Development

Upping the ante on Mizner Trail

In November, there was news of a proposed settlement of the lawsuit resulting from Palm Beach County’s approval last June of development on the old Mizner Trail Golf Course. I can report that in December there was a second offer.

The main plaintiff in the lawsuit, which argues that the county’s approval is illegal, is the Boca Del Mar Improvement Association. It’s the umbrella group for all the homeowner associations in Boca Del Mar, between Camino Real and Southwest 18th Street west of Military Trail. Mizner Trail is one of two golf courses in Boca Del Mar, which was developed 40 years ago. The other plaintiffs are a small number of residents.

The first offer was $250,000 to the improvement association. The…

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Tower 155 Luxury Condominiums in Downtown Boca Raton

The Downtown Boca Raton new construction craze continues with the latest project being Tower One Fifty Five. This condominium building, by Compson Associates Inc., is a twelve story building to be located on a 1.2 acre site on the 100 block of East Boca Raton Road.  These 1, 2, and 3 bedroom condos will vary in size from 743 to 2,475 square feet, and are predicted to be moderately to luxury priced between $450,000 and $2,000,000, averaging at around 500 per square foot.  There will be four (4) duplex-style 2-story penthouse units with soaring ceilings and expansive terraces offering views of the Atlantic Ocean, Downtown Boca, and the Boca Resort & Club golf course.  In addition, several townhomes will line the exterior on the south side of the building,…

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New Patio Villas Under Construction at Villaggio Reserve

Villaggio Reserve, the most exciting new Active Adult (55-plus) development in Delray Beach, has reached another important milestone. The first Patio Villas now are under roof.

That means Villaggio Reserve’s third residential concept joins the beautiful villas and the magnificent single family homes, creating a trio of remarkable residences that stand out as breathtaking homes in a community unmatched in South Florida.

“From announcing the Patio Villas this summer to going under roof this month, the speed of construction reflects how well our latest innovation in resort-style living was received by our buyers,” said Ron Yuter, Senior Vice President with developer Ansca Homes. Residences at Villaggio Reserve begin in the $290,000s through the…

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New proposal would add to Boca Raton's downtown skyline

A downtown Boca Raton residential complex that languished for 10 years in the planning stages has been revived -- now with bigger proportions.

Royal Palm Place was approved in 2003 as a 149-unit, downtown apartment complex, part of the mixed-use development on Federal Highway. It received several extensions on its approval until time ran out in March.

But now, one of Boca's biggest landowners, Investments Limited, is bringing Royal Palm Place back to life. And now it's 200 units, instead of 149, and 13 stories high, instead of 10. It will also reach at least 40 feet higher the city's official 100-foot limit.

"The Royal Palm proposal is a sign of the times as there is robust demand for downtown units," said Glenn Gromann, chairman of the Downtown…

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Depot Square Apartments get the go ahead from Delray officials

An under developed resource located north of Delray Beach's historic will see new life soon. The 12-acre lot containing a dilapidated train station is slated for development as a family-friendly, 284-apartment complex. Incentives for the community include plans for a cyber cafe, fitness center, and bicycle repair shop.

Delray Beach seems to have forgotten a little used historic district. But soon the area will have a new look with modern lines. The planned construction will be highly visible to announce the redevelopment of the historic area.

A wildflower garden occupies the 12-acre field near Delray's historic train station. After disagreements in the early 1990s the historic former Seaboard Air Line Railway depot, located a few blocks north, was…

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Palm Beach County Golf Courses Slated For Development

New construction proposals may be on the horizon as a need for more homes spreads across golf courses west of Boca Raton. Some speculate that fairways and putting greens will be repurposed for these neighborhoods. The latest clubs to experience a housing shortage are Boca Dunes Golf and Country Club and Boca Greens Country Club.

In talks with a preliminary plan for the addition of 245 townhomes on 31 acres of the golf course, the Boca Dunes facility is considering expansion at the community south of Palmetto Park Road and west of Lyons Road.

About 70 townhomes planned across 11 acres is a consideration at the Boca Greens. Expansion into the golf course clubhouse area. An additional 10 acres of open space is another site with potential, at the…

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