GL Homes plans lottery for Delray Beach project

Miami /
Jun.June 30, 2014 10:30 AM

With a waiting list of more than 3,000 potential buyers, GL Homes plans to hold a lottery for its Tuscany development near Delray Beach.

Sunrise-based GL is slated to have the lottery for most of the 454 single-family homes on July 12. The homebuilder is launching sales for the project on the north side of Atlantic Avenue, east of Florida’s Turnpike. Prices range from the low $300,000s to the $400,000s.

Buyers have camped out on GL’s project sites in the past, so the company hopes to eliminate the need for that with the lottery, according to the Sun-Sentinel. The initial wave of Tuscany homes are expected to be ready in September or October 2015.

“In this part of Palm Beach County for the first-time homebuyer, there’s basically nothing available unless you go to a townhome,” GL division president Marcie DePlaza said. [Sun-Sentinel]Eric Kalis


Related Articles

arrow_forward_ios
Menin Development makes $10M play for Delray Beach hotel
Menin Development makes $10M play for Delray Beach hotel
Menin Development makes $10M play for Delray Beach hotel
Nonprofit arts and culture organization sues Delray Beach over lease termination
Nonprofit arts and culture organization sues Delray Beach over lease termination
Nonprofit arts and culture organization sues Delray Beach over lease termination
GL Homes drives home $66M deal for Boca Raton golf course
GL Homes drives home $66M deal for Boca Raton golf course
GL Homes drives home $66M deal for Boca Raton golf course
TA Realty buys SofA apartments in Delray Beach for $83M
TA Realty buys Delray Beach apartments for $83M
TA Realty buys Delray Beach apartments for $83M
Attorney sells oceanfront Delray Beach mansion for $34M
Attorney sells oceanfront Delray Beach mansion for $34M
Attorney sells oceanfront Delray Beach mansion for $34M
Healthcare investor buys lakefront mansion west of Delray Beach for $17M
Healthcare investor buys lakefront mansion west of Delray Beach for $17M
Healthcare investor buys lakefront mansion west of Delray Beach for $17M
Steven Cohen and the Boca Raton property (Getty, Douglas Elliman)
Billionaire Mets owner Steven Cohen buys South Florida mansion for nearly $22M
Billionaire Mets owner Steven Cohen buys South Florida mansion for nearly $22M
Renderings of 1625 Ocean. (U.S. Construction)
US Construction scores $45M construction loan for Delray Beach condos
US Construction scores $45M construction loan for Delray Beach condos
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...