The Real Deal Miami

CC Homes is expanding its Chateaux at Miralago project in Parkland

Home prices will start in the $800,000s
By Amanda Rabines | October 16, 2017 06:00PM

Cascata at Miralago with Jim Carr and Armando Codina, (Credit: CC Homes, Codina Partners)

Coral Gables-based CC Homes is expanding its Chateaux at Miralago project in Parkland with a new development, Cascata at Miralago, according to a company spokesperson.

Records show an affiliate of CC Homes just bought about 7 acres of undeveloped property from Miami-based Lennar Corp. for $6.75 million.

CC Homes, led by Armando Codina and Jim Carr, plans to build Cascata at MiraLago, a 25-home luxury project, with prices starting in the $800,000s, the spokesperson said.

Cascata at Miralago custom homes will be up to 5,281 square feet under air, according to a press release. Features include modern Italian cabinetry, tile and wood flooring and customizable options, such as glass enclosed wine cellars and outdoor kitchens.

CC Homes plans to break ground on Cascata at MiraLago before the end of the year. The developer launched sales for its Chateaux at Miralago last October. It’s nearly 100 percent occupied, according to the spokesperson.

The company paid $8.4 million for the Chateaux at Miralago site in August 2016.

Lennar and CC Homes have worked together on a number of deals. Last year the firms paid a combined $96 million to acquire the former White Course in Doral, a 130-acre property they plan to redevelop.

Lennar has also been busy in home development in South Florida. Lennar Homes, an affiliate of Lennar Corp., recently paid $40 million for a hefty assemblage of land in northern Miami-Dade.