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The Real Deal Miami

GL opens $7M Boynton Beach clubhouse

February 09, 2011 10:17AM

Builder GL Homes has opened a $7 million clubhouse at its Valencia Reserve development west of Boynton Beach, although it has sold less than half of the homes there in the past two years. Around 600 people came to celebrate the clubhouse’s opening, along with GL founder Itchko Ezratti. The move to complete the clubhouse is likely one of reassurance, said Brad Hunter, head of research firm Metrostudy’s South Florida office. “Consumers want to be reassured that amenities that were promised will actually materialize,” Hunter said.