The Real Deal Miami

New GL Homes development in Delray Beach totals $14 million in sales

May 21, 2012 03:45PM

The Bridge housing development while under construction

New model homes at the Bridges, a 600-unit development near Delray Beach, have brought in 18 new sales contracts for developer GL Homes, the Sun Sentinel reported. Sales prices averaged $800,000 on the transactions for an estimated total of $14 million. GL now has contracts on 121 of the project’s units. “Interest is definitely coming back,” Marcie DePlaza, division president for GL, said. “We feel really good about where the market is right now.” [Sun Sentinel]