The Real Deal Miami

WCI sells 100 homes in Heron Bay, overcoming its association with tainted drywall

June 06, 2012 03:00PM

Tainted Chinese drywall

WCI Communities has sold approximately 100 homes in its Heron Bay development in a year, a few years after its high-profile issues with Chinese drywall, the Sun Sentinel reported. Early in 2011, the city gave WCI approval to build 196 houses in the Parkland area, with most of those properties now having been sold, according to the developer.

The foul-smelling drywall that forced many residents to move at a considerable financial loss three years ago created opposition to WCI’s return to the area. A federal lawsuit was filed after the drywall incident, and some homeowners are still awaiting their piece of the $54.5 million settlement against supplier Banner. City Commissioner John Willis said he wanted to move on in the interest of Parkland’s economy. “I want WCI to succeed,” said John Willis. “But as a victim of drywall, I still haven’t received a dime of the hundreds of thousands of dollars I’ve lost.”